| Summary/Abstract |
At the end we can conclude that although prosperity is not a sufficient condition for peace, it is unquestionably a factor that can help in achieving peace and in its maintenance. It is seldom prosperity in itself that reduces tensions, but rather the absence of extreme differences in levels of prosperity. In many cases, trade, as one of the main economic diplomacy tools, can play a facilitating role in fostering sustainable development and peace. Therefore, it is imperative that the international community work to make trade and globalization contribute to successful development. To this end, accelerated economic growth and increased returns from trade should be channelized into achieving human and social development including food security, energy security, rural development, and universal access to essential services, gender equity, and poverty reduction.
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