Wartime Economy: An Analysis of the Arthashastra
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Abstract
This research investigates Arthashastra's enduring insights into directing modern techniques for managing economies during wars. It emphasizes the eternal validity of these concepts by focusing on economic mobilization, the role of the state, and economic reconnaissance. The emphasis on resource diversification and strategic allocation in the Arthashastra corresponds with current economic mobilization initiatives. Similarly, the description of the state's major role in economic regulation in the treatise corresponds to modern governments' responsibilities to coordinate sectors for wartime output. Furthermore, Arthashastra's support for economic reconnaissance has a current analogy in gathering intelligence on adversaries' economic activity. This paper highlights the Arthashastra's enduring significance as a guide for effective wartime economic management, providing a roadmap for nations to navigate the complexities of conflict while harnessing economic prowess for strategic advantage through a comparative analysis of historical wisdom and current practices.