Abstract :
The increasing economical benefits achieved through globalisation and trade liberalisation have lead to the growing economical interdependency between countries, large and small. Such interdependency would surely impact existing defence and security strategies and policies. The warfare thinking that focuses on massive retaliation and total destruction may have unintended but catastrophic economical and security implications. This may be, partly, due to the continuing advances in technology coupled with the huge disparity in power between conflicting parties. Hence, the preferred warfare thinking would be that which makes intelligent tradeoffs between the competing issues of economics, defence and security. However, the wide range of issues to be considered (most of which are likely to be contradictory and/or unquantifiable, in terms of benefits and cost) presents a key barrier for making rational strategies. Developing an analytical model encompassing spatial and temporal relationships between parameters (representing economic, defence and security issues) would aid in identifying the best trade-off possible.
Keywords :
defence industry; economics; globalisation; defence issue; economic issue; economical interdependency; globalisation; security issue; trade liberalisation; warfare thinking; Analytical models; Biological system modeling; Economics; Electronic warfare; Globalization; National security; Modellling; defenec; economic; globalisation; optimal; security; tradeofff;