Posts

Showing posts from 2021

New War Fronts Lie in Economic Zones

Image
  The nature of warfare has never stayed static – instead, it is dynamic. It keeps on changing, adjusting itself with the evolving circumstances of different times. Once the nomadic raids overwhelmed the world; with the gunpowder revolution, relatively lethal invasions stepped in; the invention of nuclear weapons brought yet another deadly variant in front of the world; and, in the post-Cold War era, the warfare of economic nature has superseded every other form. In the current times, the competition is less characterized by direct military confrontation and more by economic rivalry as the latter has come in handy for many states to advance their agendas with much fewer costs. The tools such as economic sanctions, trade controls, the creations of parallel financial institutions and their subjugation and polarization, and currency manipulation have become very common for coercion. Granted that there are concerns for nuclear use and domestic backlash, states are inclining more towar...