Expeditionary Economics
By Carl J. Schramm This article, published in Foreign Affairs Journal, asserts that Washington’s method of reconstructing economies hit by conflicts and natural disasters is inadequate. It suggests that US military must build its competence in economics. And the object of economic reconstruction must be part of any successful strategy of invasion, stabilization, and economic reconstruction. The writer calls this expeditionary economics. We are posting this article on our blog for our readers. The United States’ experience with rebuilding economies in the aftermath of conflicts and natural disasters has evidenced serious shortcomings. After seven years of a U.S. presence in Iraq and over nine years in Afghanistan, the economies of those countries continue to falter and underperform. Meanwhile, the damage caused by the earthquake in Haiti early this year revealed deep economic problems, ones that had confronted earlier U.S. efforts to boost Haiti’s economy, and they will plague reconstruction efforts there for a long while.