Nuclear peace is a theory of international relations which argues that the presence of nuclear weapons may in some circumstances decrease the risk of crisis escalation, since parties will seek to avoid situations that could lead to the use of nuclear weapons. Proponents of nuclear peace theory therefore believe that controlled nuclear proliferation may be beneficial for global stability. Critics argue that nuclear proliferation increases the chance of nuclear war through either deliberate or in-deliberate use of nuclear weapons, as well as the likelihood of nuclear material falling into the hands of violent non-state actors.
The major debate on the issue has been between Kenneth Waltz, the founder of neorealist theory in international relations, and Scott Sagan, a leading proponent of organizational theories in international politics. Waltz generally argues that "more may be better" and contends that new nuclear states will use their acquired nuclear capabilities as nuclear deterrence and thus preserve peace. Sagan argues that "more will be worse" since new nuclear states often lack adequate organizational controls over their new weapons, which makes for a high risk of deliberate or accidental nuclear war or of theft of nuclear material by terrorists to perpetrate nuclear terrorism.
A nuclear peace results if the costs of war are unacceptably high for both sides. In a two-sided conflict in which both sides have a second-strike capability, defense becomes impossible and so it is the very prospect of fighting the war, rather than the possibility of losing it, that induces restraint.
In a condition of mutually assured destruction, there are civilian "hostages" on both sides, which facilitates cooperation by acting as an informal mechanism of contract enforcement between states. There are economic equivalents of such informal mechanisms used to effect credible commitment; for example, corporations use "hostages" in the form of initial setup costs that act as collateral to deter subsidiaries and franchisees from cheating.
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The stability–instability paradox is an international relations theory regarding the effect of nuclear weapons and mutually assured destruction. It states that when two countries each have nuclear weapons, the probability of a direct war between them greatly decreases, but the probability of minor or indirect conflicts between them increases. This occurs because rational actors want to avoid nuclear wars, and thus they neither start major conflicts nor allow minor conflicts to escalate into major conflicts—thus making it safe to engage in minor conflicts.
The phrase "balance of terror" is usually, but not invariably, used in reference to the nuclear arms race between the United States and the Soviet Union during the Cold War. It describes the tenuous peace that existed between the two countries as a result of both governments being terrified at the prospect of a world-destroying nuclear war. The term is usually used for rhetorical purposes, and was probably coined by Lester Pearson in June 1955 at the 10th anniversary of the signing of the UN Charter: "the balance of terror has succeeded the balance of power".
Deterrence theory refers to the scholarship and practice of how threats or limited force by one party can convince another party to refrain from initiating some other course of action. The topic gained increased prominence as a military strategy during the Cold War with regard to the use of nuclear weapons and is related to but distinct from the concept of mutual assured destruction, according to which a full-scale nuclear attack on a power with second-strike capability would devastate both parties.