Dar es Salaam, June 29 -- ALTHOUGH taken for granted, economic activity thrives and can fuel both national and individual growth when peace is maintained within a country or between nations.

While peace negotiations in the Middle East are vital for the world economy, it is helpful to broaden the perspective of peace when evaluating elements that could impair financial market efficiency and accelerate the stopping of international trade.

The recent easing of tensions among the United States, Israel and Iran highlights a key reality often overlooked by policymakers, investors and businesses during geopolitical upheavals: peace is not only political but also an economic resource.

Although wars are frequently examined from military and dip...