Economic Security & Statecraft: The Quest for a New Global Economic Equilibrium

Economic Security & Statecraft: The Quest for a New Global Economic Equilibrium,’ Co-author with Dr. Norman Bailey, Lecturer, National Security Studies Center, University of Haifa, Israel

economic security‘Economic Security & Statecraft: The Quest for a New Global Economic Equilibrium’ explores the multiple interconnected phenomena that aggregate daily occurrences with pervasive trends and could be said to place countries, regions and the world itself at a turning point at the beginning of the 21st century. These phenomena, coupled with the appearance of unanticipated and unforeseen social, political and economic developments, have made both the reasonable accuracy of predictions and the adoption of corresponding policies problematic. This is a study of the new elements of disequilibrium in the global political economy, how these elements mutually influence each other and what the impediments are to achieving equilibrium. The study analyzes the evolving notion of global economic security and the various factors that endow it with a growing significance for policy-makers worldwide. Through the prism of the divergent influences that impact the world economy today, it sets out specific aspects of policy-making and statecraft that could prove a worthwhile area of focus in what is widely assumed to be a post-Western world. The study considers how the importance of economic statecraft has gradually become equal and, to an extent, supersedes the importance of international relations for state actors, setting the stage for the emergence of geo- economics as a prioritized tool to be wielded by policy-makers.