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Strategy for national economic security in the context of trade wars and economic sanctions
https://doi.org/10.29235/1818-9857-2024-05-35-39
Abstract
The concept of «economic potential» is widely used in national economic security research. But usually, it may turn inadequate in case of analysis trade war and politically motivated economic sanctions. We argue that it can be replaced with game theory concept of bargaining power. In the result of the change in paradigm, all the involved parties can get the common strategy of resolving the conflict. As an example, the PRC – USA trade war is taken.
About the Authors
Shi Zhichao
Belarusian State University
Belarus
Belarus
Shi Zhichao
Faculty of International Economic Relations
Minsk
K. Kurilenok
Belarusian State University
Belarus
Belarus
Kirill Kurilenok, Associate Professor, Candidate of Economic Sciences
Department of Banking Economics
Minsk
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Review
For citations:
Zhichao Sh., Kurilenok K. Strategy for national economic security in the context of trade wars and economic sanctions. Science and Innovations. 2024;(5):35-39. (In Russ.) https://doi.org/10.29235/1818-9857-2024-05-35-39
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