The Economic Dimension as the Foundation of a State’s Security
The Economic Dimension as the Foundation of a State’s Security
Author(s): Alexandra Carmen BranSubject(s): National Economy, Business Economy / Management, Economic policy, Security and defense
Published by: Scientia Moralitas Research Institute
Keywords: security; economic policies; threats; risk;
Summary/Abstract: In the context of globalization and economic integration in recent decades, the relationship between the economy and national security has become increasingly close. For each state, these links represent both opportunities and potential threats to the country’s national security. Definitions of national security have an important economic dimension, and the economy cannot easily be separated from national security. The relationship between the national security and economic spheres is complex and characterized by many close interconnections. For the purpose of this article, national security is understood as those aspects that relate to the protection of critical infrastructure, sectors and processes that are vital for the sustainable functioning of a society. We will examine how potential threats to national security from economic factors can be understood through “risk vectors”, which highlight the ways in which the components of “economy” and “national security” interact. The economy has been and always will be one of the basic pillars for building a credible military power and achieving a sufficient degree of security at national, regional or international levels. Professional, well-equipped armed forces capable of dealing with a wider range of risks and threats in the security environment cannot be secured without adequate economic resources.
Journal: SCIENTIA MORALITAS - International Journal of Multidisciplinary Research
- Issue Year: 7/2022
- Issue No: 2
- Page Range: 31-39
- Page Count: 9
- Language: English