Economic Security of Countries
Economic security, in the context of politics and international relations, is the ability of a nation-state to follow its choice of policies to develop the national economy in the manner desired. Historically, conquest of nations have made conquerors rich through plunder, access to new resources and enlarged trade through controlling of the conquered nations'economy. In today's complex system of international trade, characterised by multi-national agreements, mutual inter-dependence and availability of natural resources etc., Economic security today forms, arguably, as important a part of national security as military policy.
Economic security has been proposed as a key determinant of international relations, particularly in the geopolitics of petroleum in American foreign policy after September 11, 2001.
In Canada, threats to the country's overall economic security are considered economic espionage, which is "illegal, clandestine or coercive activity by a foreign government in order to gain unauthorized access to economic intelligence, such as proprietary information or technology, for economic advantage."
Read more about this topic: Economic Security
Famous quotes containing the words economic, security and/or countries:
“A society in which everyone works is not necessarily a free society and may indeed be a slave society; on the other hand, a society in which there is widespread economic insecurity can turn freedom into a barren and vapid right for the millions of people.”
—Eleanor Roosevelt (1884–1962)
“If we could have any security against moods! If the profoundest prophet could be holden to his words, and the hearer who is ready to sell all and join the crusade, could have any certificate that to-morrow his prophet shall not unsay his testimony!”
—Ralph Waldo Emerson (1803–1882)
“Indeed, men never know how to love. nothing satisfies them. All they know is to dream, to imagine new duties, to look for new countries and new homes. While we women, we know that we must hasten to love, to share the same bed, hold hands, and fear absence. When we women love, we dream of nothing.”
—Albert Camus (1913–1960)