Peace Building: The Private Sector’s Role

Intrastate war is now the predominant form of armed conflict. The civil wars of the last decade have scarred the world’s poorest countries, leaving a legacy of more than five million dead, many more driven from their homes, billions of dollars in resources destroyed, and wasted economic opportunity. Meeting the challenge of curbing such civil wars—and preventing their re-ignition—requires a radical readjustment. Restructuring must reach beyond traditional institutional mandates and methodologies. New players—particularly the private sector, as well as nongovernmental organizations (NGOs)—must be enlisted in a new approach to economic peace building.