Wartime Trade Dynamics

Mariya Grinberg, assistant professor of political science at the Massachusetts Institute of Technology, speaks with us on the topic of her new book, "Trade in War: Economic Cooperation Across Enemy Lines."

In our talk she challenges the conventional wisdom that states stop trading during wartime. We discuss her 'wartime trade theory,' exploring how states balance military benefits and economic costs. The conversation also touches on modern applications, such as the US-China relationship and the Russia-Ukraine conflict, highlighting how trade dynamics evolve in wartime scenarios.