Economic Power of the State and National Security

Proroković, Dušan (2018) Economic Power of the State and National Security. In: Economy in Transformed Security Environment. Center for Security, Managment and International Politics, Belgrade, pp. 23-26. ISBN 978-86-900480-0-7

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Abstract

Economic power is an indispensable component of national security. Some theorists have also noted that economic power is the most important component of national security in contemporary international relations. S tates r emain u navoidable act ors o f eco nomic r elations. E conomic power i s t he state's means to position itself in the world political system, because its enlargement provides for internal stability and a better position for confrontation with other actors. The motivation of states to defend the level of economic development or increase their economic power is enormous and unquestionable, which is why foreign and security policies are directed in this direction. The article consists of four parts. The first part explains the concept of national security. The second part determines what we mean by economic power, and in the third part we analyze the importance of the economic power for states. The fourth part is final considerations.

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