Trade Wars – the Role of the Political Economy of International Trade in Global SecurityTrade Wars – the Role of the Political Economy of International Trade in Global Security ........... 1111
Synopsis
This chapter highlights the distinctiveness of international economic security as ap-plied and formed by global powers with regard to security issues. Following the concept pursued in this outlook, the chapter will be divided into three parts. The first part dis-cusses the principles of state-centric and non-state centric perspectives on international economy and commitment to stability as the fundaments of contemporary security; the second part concerns the role of globalization for economic security; the third part is focused on challenges and interactions between the most powerful economies. The thesis advanced in this chapter is that the economic security system is distinct from the universal one not only in terms of relevant security issues, interests and policies, but also because of the specific application and understanding of principles and institutions of international law such as the dispute settlement system.