In the years after invading Iraq and Afghanistan, the US military
realized that it had a problem: How does a military force set the
economic conditions for security success? This problem was
certainly not novel-the military had confronted it before in such
diverse locations as Grenada, Haiti, Bosnia, and Kosovo. The scale
and complexity of the problem, however, were unlike anything
military planners had confronted beforehand. This was especially
the case in Iraq, where some commentators expected oil production
to drive reconstruction.1 When the fragile state of Iraq's
infrastructure and a rapidly deteriorating security situation
prevented this from happening, the problem became even more vexing:
Should a military force focus on security first, or the economy?
How can it do both? This is the challenge of Stability Economics.
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