The Political Economy of Forgiveness
Posted: 29 Jun 2006 Last revised: 8 Sep 2010
Date Written: September 7, 2010
The turn of the century witnessed the emergence of several new democracies wrestling with the past of oppressive state regimes that committed atrocities on their own citizens. In East and Central Europe, the former Soviet Union, Latin America, South Africa, and the Middle East, new governments and their citizens are determining precisely how to balance past and present. In the mid-20th century, Germany and Japan had to negotiate a similar political terrain. Our paper is focused on past injustices perpetrated by totalitarian regimes and using basic economic reasoning we attempt to clear a path for reconciliation and thus hope for a future of peace and prosperity.
Keywords: transitional justice
JEL Classification: D63, D70, P26
Suggested Citation: Suggested Citation