If America and its allies are to maximize both security and prosperity in the coming years, policymakers and strategists will have to understand the complex interplay of forces that is making the world more adversarial and fraught with risk. The global environment demands a comprehensive new economic-security agenda.
STOCKHOLM – The global order is undergoing significant changes that demand a new economic-security agenda. From hot wars and localized insurgencies to great-power standoffs, geopolitical conflict has made the complex relationship between economics and security a daily concern for ordinary people everywhere. Complicating matters even more is the fact that emerging markets are gaining economic clout and directly challenging traditional powers’ longstanding dominance through new networks and strategic alliances.
These developments alone would have made this a tumultuous period marked by economic instability, inflation, and supply-chain disruptions. But one also must account for rapid technological advances – which have introduced new security risks (such as arms races and cyber threats) – as well as natural risks such as pandemics and climate change.
To navigate this dangerous new world, we must reckon with three interrelated dimensions: the effects of geopolitics on the global economy; the influence of global economic relations on national security; and the relationship between global economic competition and overall prosperity.
STOCKHOLM – The global order is undergoing significant changes that demand a new economic-security agenda. From hot wars and localized insurgencies to great-power standoffs, geopolitical conflict has made the complex relationship between economics and security a daily concern for ordinary people everywhere. Complicating matters even more is the fact that emerging markets are gaining economic clout and directly challenging traditional powers’ longstanding dominance through new networks and strategic alliances.
These developments alone would have made this a tumultuous period marked by economic instability, inflation, and supply-chain disruptions. But one also must account for rapid technological advances – which have introduced new security risks (such as arms races and cyber threats) – as well as natural risks such as pandemics and climate change.
To navigate this dangerous new world, we must reckon with three interrelated dimensions: the effects of geopolitics on the global economy; the influence of global economic relations on national security; and the relationship between global economic competition and overall prosperity.