THE FINANCIAL CRISIS’ STRATEGIC IMPACT Cover Image

THE FINANCIAL CRISIS’ STRATEGIC IMPACT
THE FINANCIAL CRISIS’ STRATEGIC IMPACT

Author(s): Gheorghe Văduva
Subject(s): Security and defense, Military policy, Geopolitics, Peace and Conflict Studies
Published by: Carol I National Defence University Publishing House
Keywords: crisis; systemic crisis; strategic impact; weapon systems; missile systems;

Summary/Abstract: When finances stagger, everything does. Moreover, we are witnessing the effects’ chained tumbling, tending to multiply themselves in uncontrolled developments, becoming radical and exploding, determining economical, social and military avalanches, multiplying the challenges, defiances, dangers and threats, therefore amplifying the vulnerabilities and significantly increasing the risk level, passing over the strategic safety level. Under these circumstances, the security policies and strategies focus on getting out of the crisis, “repairing” what has been deteriorated, all the other fields being actually suffocated for a long period of time. Sometimes, this sort of crisis develop to a conflictual maximum called war, just as it happened with the crisis from 1929-1933, which has partly generated the World War II. As a matter of fact, the current crisis, transcending in volume the above mentioned one, affects the whole humankind. Even if some of the big powers, world’s states, NATO, the European Union and the other international and regional organizations will do their best in order to prevent this sort of dangerous developments, the strategic mutations are present. The crisis impact on the security policies and strategies is revealed not only by the significant decrease of the expenses allotted to this field, but also by imposing some new rigors. One of them is the fastest exit from the philosophy, physiognomy and effects of the World War II and the Cold War and the focus of the security and defence effort on counteracting challenges, defiances, dangers and threats concerning the whole world, on diminishing the common vulnerabilities on handling them and a better management of the risk level. As, nowadays, risk comes closer to its maximum level, due to the intense destruction means, which, if used, would be able to completely destroy the humankind and the planet.

  • Issue Year: 2009
  • Issue No: 32
  • Page Range: 11-20
  • Page Count: 10
  • Language: English