Dissolution of an Empire: Insights from the İstanbul Bourse and the Ottoman War Bond

During the transformation period of the Ottoman Empire leading to the Republic of Turkey, many conflicts took place between 1918 and 1923. These conflicts interrupted the servicing of the Ottoman war bond. The reimbursement likelihood of this bond was related to the outcomes of First World War and the hostilities. This paper analyses the impacts of First World War and hostilities on the risk assessments regarding the Ottoman war debt, using manually collected data on the price of the Ottoman war bond traded at the ?stanbul bourse between 1918 and 1925. The empirical results imply that the defeat of the Bulgarian army and the peace offer of Austria-Hungary were associated with the increasing premium demanded by investors of the bond. The victories of the Turkish National Movement and the peace offer of the Allies to end the hostilities by 1922 positively affected the likelihood of the servicing of the debt.     

Turning the tides of war: The impact of private military and security companies on Nigeria’s counterinsurgency against Boko Haram

Since the 2003 war in Iraq, private military and security companies (PMSCs) have become increasingly legitimate actors in modern conflicts. Despite this normative shift, rumours in March 2015 regarding the use of South African mercenaries in Nigeria to combat Boko Haram insurgents caused an international outrage, while the Nigerian government remained nonchalantly silent on the matter. This article investigates the impact of mercenaries on the conflict in the last six months of the Jonathan government. Using primary and secondary qualitative research, it assesses the role that PMSCs played in Nigeria’s counterinsurgency strategy, along with the ensuing reaction of international and local media to the outsourcing of violence to foreign companies. The article concludes that – notwithstanding the improved image of PMSCs in the world, and the actual impact of the contractors on the Nigerian counterinsurgency effort – the stigma of mercenaries continues to plague the industry, particularly on the African continent.     

Diversionary Tactics and the Ethiopia–Eritrea War (1998–2000)

Diversionary theories of war suggest that leaders may engage in bellicose foreign policies to divert the public’s attention from domestic problems and capitalize on a ‘rally around the flag’ type of effect. The evidence regarding diversionary theory is quite mixed. More recently, scholars have focused on situations that create opportunities for diversionary behavior, such as international rivalry and territorial disputes. This paper adds to the growing literature on diversionary conflict by considering the Ethiopia–Eritrea case and applying an opportunity-based approach. We assess whether the Ethiopia–Eritrea War (1998–2000) is consistent with diversionary explanations for the war, as many have previously claimed.     

Soldiering the terrain of war: Zimbabwean soldiers in the Democratic Republic of the Congo (1998–2002)

The paper reveals how Zimbabwean soldiers who fought in the Democratic Republic of the Congo (1998–2002) were challenged by the terrain of war. While soldiers are trained to live and fight in dreadful wars, I argue that immersing oneself in the war terrain is neither mathematical nor calculative; rather, war tactics to be employed are defined by the context in which soldiers operate in. When soldiers reflect on and about the war, they unconsciously produce accounts that are often not completely heroic, but a life lived in fear as well an issue that they had never anticipated when they set out to war. A main finding of this study is that while these soldiers were deployed to fight against the rebels, they find difficulties in locating physical features from map reading to the ground, distinguishing the enemy from civilian people and deployed for days without eating a proper meal as well as seeing their fellow soldiers dying in the context of war. The paper provides a vantage point in which we can also understand that trained soldiers do not exert total power over war terrains, they are sometimes challenged by the war situation itself.     

The Normative Implications of “Knowing the Future” for Preventive War

What if claims about the future informed us about the intentions and the capabilities of our opponents to wage war against ourselves? Would and should the existing norms that restrict the preventive use of force change in the wake of such transformation? This article highlights the potential normative consequences of this change and discriminates between several possible normative evolutions. Would and should the “knowability of the future” alter radically the traditional rule of self-defense? This rule could indeed be jeopardized but, as I argue in this paper, it should not (and might not necessarily). However, the distinction between preemption and prevention could become obsolete. Future claims about security will also induce new security doctrines as knowledge about the future would be used to signal one’s intentions and deter one’s opponent. This change would also have a significant impact on accountability, as citizens would have a more active role in discussions over foreign policy. Moreover, new modes of predictions and forecasting will challenge the traditional role of experts whose biases have hampered their analyses and anticipations. Thus, trustworthy future claims could bring significant progress in both ethical and political terms as they would trigger a debate on the role of knowledge in democratic societies.