CIAO DATE: 11/04

Conflicting Motivations: The Private Sector and International Conflict

Abstract

Since the end of the Cold War, the world has been witness to a drastic increase in the number and magnitude of inter- and intra-state wars. These conflicts have predominately taken place within developing and underdeveloped countries and have led to substantial human, economic, and political costs at both local and international levels. The United Nations, along with international financial institutions and the global civil society, has recognized the need for curbing the violence and preventing further outbreaks. However, the political breadth and financial capacities of these organizations cannot ensure sufficient socio-economic recovery through peace-building operations alone. A more progressive approach is required. Responsible and committed engagement from private sector actors can provide a thrust towards reducing poverty in war-torn societies. Over the long term, the private sector in conjunction with international and non-governmental organizations can accelerate the process of postconflict reconstruction and encourage lasting peace through economic prosperity.

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