Peace Indicators, Income Distribution, and Long Run Economic Prosperity: A Cross Country Perspective

Abstract

This study examines the relationship between peace, income distribution, and long-term economic prosperity across a diverse set of countries. Using cross-country data from the Global Peace Index (GPI), GDP per capita, and Gini coefficients between 2000 and 2024, the analysis investigates how levels of societal peace and equitable income distribution influence sustainable economic growth. Panel regression and robustness checks reveal that higher peace scores are positively associated with GDP per capita, while extreme income inequality dampens economic prosperity. The results underscore the importance of maintaining social stability and reducing income disparities to promote long-term growth. These findings provide evidence for policymakers seeking to enhance economic development through peacebuilding and inclusive economic policies.