Expeditionary economics

From Wikipedia, the free encyclopedia

Expeditionary economics is an emerging field of economic enquiry that focuses on the rebuilding and reconstructing of economies in post-conflict nations and providing support to disaster-struck nations.

The term was first introduced in 2010 in an essay[1] by Carl Schramm, the former president and CEO of the Ewing Marion Kauffman Foundation.[2] It focuses on the need for good economic planning on the part of developed nations to help prevent the creation of failed states. It also emphasizes the need for the structuring on new firms to rebuild national economies.[3]

Since then, the theory has been used by the U.S. Government and the U.S. Army to restructure the economies of countries such as Iraq and Afghanistan and helping Haiti after its severe earthquake. Its aim is to provide economic stabilization and support the counterinsurgency tactics in such nations.[4]