Economic Interdependence and International Conflict: New Perspectives on an Enduring Debate. Edited by Edward D. Mansfield and Brian M. Pollins. Ann Arbor: University of Michigan Press, 2003. 286p. $70.00 cloth, $28.00 paper.

International trade is often wrapped up in a package with many good things—wealth, development, democracy, and peace. The proposition that increased trade is related to pacific international relations is one of the most well-known tenets of liberal theory. Despite its long history in political thought, the relationship between trade and peace has not been subject to extensive and systematic analysis until recently. In this edited volume, Edward D. Mansfield and Brian M. Pollins collect some of the most current thinking addressing the theoretical and methodological issues that arise in the quest to conceptualize and test the relationship between economic interdependence and international conflict. Understanding this relationship is important both theoretically and for policy reasons: Many policymakers today assume that increased trade will create a more peaceful world.