Economists for Peace and Security (EPS) is a UN-registered NGO, is an international network of thirteen affiliated organizations promoting economic analysis and appropriate action for peace, security and the world economy. We seek a world whose people are secure, free from fear and want, where economies distribute goods and services efficiently and for the benefit of all. We work locally, regionally and internationally to reduce the military burden, and to effect policy changes that can build a more just and peaceful future.

EPS has chapters in thirteen countries around the world. Over the years, and with the strong support of a board of trustees with world’s most influential economists, EPS has achieved to enrich the discipline of Economics with the aspect of war, conflict and peace. EPS has always played a strong role though on the background. Since 1989 many positions have been established at universities around the world. It has been the incubator for international research, for institutes, and publications and journals. EPS has influenced policies and legal structures over the world. The board of EPS consists of volunteers.

Tank with twisted turret


EPS was founded in 1989 as Economists Against the Arms Race (ECAAR) in New York by Mr Robert Schwarz. Since then, many renowned economists, including nobel laureates, joined the Board of Trustees: Jan Tinbergen, Wassily Leontief, Franco Modigliani, James Tobin, Kenneth Arrow, and Lawrence R. Klein, Oscar Arias, Amartya Sen, Robert Solow, and Douglass North Joseph Stiglitz, George Akerlof, William Sharpe, and Daniel McFadden.

In 1993, following the end of the US-Soviet arms race, ECAAR became Economists Allied for Arms Reduction. The organization continued its interest in nuclear issues, working especially to analyze the costs of nuclear waste disposal, to support the Nuclear Non-Proliferation Treaty, and to expand its own network through the addition of affiliates around the world.

ECAAR received its NGO certification to two UN bodies, the Economic and Social Council and the Department of Public Information, in 1995. ECAAR became EPS in January 2005. The new name was chosen to reflect the full range of concerns of its members and program, and the increasingly complex interrelationships among disarmament, development, security, conflict, war and peace.




Associate Professor Partha Gangopadhyay
Discipline of Economics, Finance and Property Economics
School of Business
Western Sydney University, Bankstown Campus
NSW Sydney, Australia


Professor Kanta Marwah
Department of Economics
Carleton University
1125 Colonel By Drive
Ottawa, Ontario K1S 5B6, Canada


Dr. Aedil Suarez Torres Ph.D. 
Academic Director of Industrial Department Faculty of Engineering
UTEM Chile


Hamid E. Ali, Ph.D.
The American University in Cairo
P.O. Box 74, New Cairo, Egypt


Professor Jacques Fontanel
Directeur Espace Europe
Université Pierre Mendès France
Faculté des Sciences Économiques
151 Rue des Universités
Domaine Universaire, BP 47X-38040
Grenoble, Cedex 9, France


Professor Wolfram Elsner
University of Bremen, Germany

Professor Michael Brzoska
Institute for Peace Research and Security Policy
University of Hamburg, Germany


Dr. Eftychia Nikolaidou, Chair
17 Mitropoleos st., 546 24
Thessaloniki, Greece


Dr. Darves Gopal
School of Social Sciences
Indira Gandhi National Open University
Maidan Garhi
New Delhi-110068, India


Professor Alex Mintz, Chair of EPS Israel, and President of the Israeli Political Science Association, Provost of the IDC in Herzliya,



Raul Caruso
Catholic University of the Sacred Heart
Institute of Economic Policy
Via Necchi 5, 20123 Milano, Italy

Prof. Luigi Campiglio, Catholic University of the Sacred Heart
Prof. Roberto Ricciuti, University of Verona
Prof. Gianpaolo Barbetta, Catholic University of the Sacred Heart
Prof. Carlo Bellative Pellegrini, Catholic University of the Sacred Heart


Akira Hattori
Faculty of Commerce Department of International Trade

Fukuoka University Fukuoka,


The Netherlands and Belgium

Joel van der Beek, Chair
EconoVision economic research and consultancy

South Africa

Terry Crawford-Browne
Sandown Crescent, E105
Royal Ascot, Milnerton 7441
Cape Town, South Africa


United Kingdom

J. Paul Dunne
University of the West of England
Bristol Business School

United States of America

Linda Bilmes, Co-Chair

David Colt, Co-Chair

Levy Economics Institute at Bard College
Box 5000