The Globalization of Production and the Changing Benefits of Conquest

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Abstract
This article examines the conditions under which conquest is likely to reap significant economic rewards. Scholars have largely focused on how the level of popular resistance within the vanquished country influences the benefits of conquest. What needs to be scrutinized in greater depth is how post-World War II economic transformations within the most advanced countries affect the benefits of conquest. This article focuses on examining one particular economic change that has been neglected for the most part in the security and peace literature: the globalization of production. The article delineates four recent changes in the structure of global production and outlines how each of these economic transformations alters the benefits of conquest. The collective impact of the arguments strongly indicates that the benefits of conquest have declined significantly in recent years within the most economically advanced countries.

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