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New War Fronts Lie in Economic Zones (Essay Outline by Awais Aftab Butt)

New War Fronts Lie in Economic Zones (Essay Outline by: Awais Aftab Butt)
Written by Awais Aftab Butt

1-Introduction

2- An overview of different zones of warfare

3- Facts which prove that new war fronts lie in economic zones

  • The ghost of US-China Trade war
  • Crippling economic sanctions on Iran
  • Trade Embargoes on rogue regimes e.g. North Korea
  • Suspension of Trade with hostile countries e.g., Indo-Pak trade suspension
  • Use of Financial Action Task Force (FATF) listings for non-compliant jurisdictions
  • Hurling of Threats to labour exporting countries of repatriation of workers
  • Imposition of Tariffs and Quotas
  • Political manoeuvering of IMF and World Bank
  • Designation of companies and High Net Worth individuals of rival countries (US sanctioning Russian companies, US blacklisting Huawei)
  • Restrictions on International Banking Channels

4-Causes behind opening of new economic war fronts

  • Geopolitical rivalries
  • Physical warfare becoming increasingly costlier and unpredictable
  • New world order prohibitive of combat wars
  • Race to become
  • GDP as a key component of national power
  • Nuclear deterrence to physical aggression
  • Powerful military dependent on strong economy

5- Recommendations for prevention of economic wars

  • Highly instrumental role of United Nations
  • Shared commitment to human development
  • Stronger adherence to Sustainable Development Goals (SGDs)
  • Enabling of independent decision making by IMF /World Bank
  • De-politicization of FATF
  • Stringent enforcement of WTO rules
  • Shared objective of global eradication of poverty and hunger
  • Constructive role of Regional trade blocs (ASEAN, BRICS, etc)

6-Conclusion


Regards : Awais Aftab Butt

The writer is a CSS mentor/written qualifier 2019, can be reached at awaisaftabbutt@gmail.com
0323-4326630 (Whatsapp only)


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About the author

Awais Aftab Butt

The writer can be reached at awaisaftabbutt@gmail.com OR Whatsapp: 03234326630

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