About the Journal

Welcome to The Economics of Peace and Security Journal (EPSJ), a publication of EPS Publishing for Economists for Peace and Security. Issues are published in April and October. Click the About item in the menu bar to learn more about EPSJ, including our scholarly scope and aims, and our history.

Please Subscribe to read recent issues of EPSJ. Subscriptions fees are US$25 for individuals and US$150 for institutions. While all articles and issues become open-access reading 24 months after initial publication, any other than purely private storage, reproduction, or reprinting in any form and format requires our explicit, written permission, for which please contact ManagingEditor@epsjournal.org.uk.

EPSJ is white-listed, abstracted, indexed and/or otherwise captured in outlets such as EconLit/Journal of Economic Literature (JEL), Research Papers in Economics (RePEc), EBSCO Information Services, ProQuest/Dialog, Cabells Directories, ESCI (Clarivate), and in Elsevier's Scopus. RePEc alone shows about 1,000 article downloads annually, pleasing for a journal that publishes only about 10-15 articles per year. Since we joined Crossref in 2014, a publisher alliance, we have seen about 100 click-through "resolutions" per article DOI. All of our articles are DOI-referenced. Likewise, all submissions are similarity-checked and all published articles are peer-reviewed. For reference, our Online ISSN is 1749-852X and our DOI identification is doi:10.15355.

JP Dunne, Editor & M Brown, Managing Editor

JP Dunne is Emeritus Professor of Economics, University of Cape Town, Cape Town, South Africa, and Emeritus Professor of Economics, University of the West of England, Bristol, UK.

M Brown, formerly with the University of Cape Town, Cape Town, South Africa, now runs a private consultancy in the United Kingdom.

Announcements

Current Issue

Vol. 20 No. 1 (2025):

The first article in this issue by Philip J. Candreva on the current state of budgeting for defense in the U.S. marks the second case study in our defense initiative. This initiative started in the last issue with Smith’s description of the unaffordability and inadequacy of defense spending in the U.K. and the difficult challenges facing the Strategic Defense Review committee. Candreva’s U.S. case-study focuses on key changes in the last few decades in three categories: the strategic, political, and fiscal context for defense budgeting; the allocation to defense and the distribution within that budget; and core processes in both the Pentagon and in Congress. We are continuing to solicit more case studies covering the same issues for other countries which will be published in future issues.

The subsequent article by Lucie Béraud-Sudreau, Meia Nouwens, and Veerle Nouwens discusses how Chinese arms transfers (as opposed to “regular” arms transfers) have evolved during the first ten years of Xi Jinping’s rule and what it tell us of China’s foreign policy.

Oana Secrieru and Ugurhan Berkok’s article presents a game-theoretic model and analysis of sender, target, and third party options, costs, and benefits in the arena of sanctions, sanctions-busting, and secondary sanctions. The model takes into account exogeneity, illustrating both the uncertainty of detecting sanction-busting and the uncertainty about the criteria for imposing secondary sanctions. A full range of equilibria consistent with actual sanctions episodes are obtained.

Finally, Jackson Tamunosaki Jack provides a cultural perspective on the cycle of violent conflicts in the Niger Delta region of Nigeria to explain the experience of the oil-producing communities where violence has proved persistent. It illustrates that an increasing general acceptance of emergent cultural norms that legitimize violence used to achieve socially desirable goals incentivizes hitherto peaceful individuals to absorb the culture of violence.

Published: 2025-04-08

Articles

  • Budgeting for defense in the United States

    Phillip Candreva
    5-21
    DOI: https://doi.org/10.15355/epsj.20.1.5
  • China’s military aid: A growing trend under Xi Jinping’s first decade in power

    Lucie Beraud Sudreau, Meia Nouwens, Veerle Nouwens
    22-41
    DOI: https://doi.org/10.15355/epsj.20.1.22
  • Sanctions, sanctions-busting, and secondary sanctions: A game-theoretic analysis

    Oana Secrieru, Ugurhan Berkok
    42-54
    DOI: https://doi.org/10.15355/epsj.20.1.42
  • A cultural perspective on the cycle of violent conflicts in the Niger Delta region of Nigeria

    Jackson Tamunosaki Jack
    55-70
    DOI: https://doi.org/10.15355/epsj.20.1.55
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