Economic Wars examines how economic strategies have become weapons in modern geopolitical competition, exploring the shift from traditional military conflicts to subtler forms of economic aggression. The book dissects trade wars, analyzing how tariffs and quotas are used for leverage, and investigates financial sanctions, which can cripple economies by restricting access to global financial systems. Strategic economic policies employed by nations to enhance their competitive advantage are also examined.
The book traces the history of economic warfare, using case studies like the oil crises of the 1970s and sanctions on Iran and Russia to illustrate the varied outcomes of these strategies. It is structured into three sections: introducing core concepts, delving into historical and contemporary examples, and analyzing the future of economic warfare, considering technological advancements and the rise of new economic powers.
The book highlights that economic tools are now integral to national security, challenging conventional notions of warfare. Offering an objective analysis, the book provides a comprehensive overview of economic warfare without advocating for specific policies. Supported by data from organizations like the World Trade Organization, it aids businesses in assessing risks related to trade wars and helps policymakers develop effective economic strategies, making it valuable for anyone seeking to understand the complexities of international relations, economics, and politics.