THE INFLUENCE OF THE BUDGET ON NATIONAL SECURITY IN THE CONTEXT OF ECONOMIC CRISIS

Raluca Florentina Cretu, Florin Dobre, Radu Florin Chiota and Carina Ilinca Gombos

Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2023, vol. 17, issue 1, 175-183

Abstract: Globalization has brought with it new opportunities. Substantial growth in the developing world, led by China, has lifted millions of people out of poverty. But globalization has also led to more complex and interconnected threats. The arteries of our society - such as IT systems and energy supply - are more vulnerable. Global warming and environmental degradation are changing the face of our planet. Moreover, globalization accelerates changes in power relations and highlights differences in values. The recent financial crisis has destabilized both developed and developing economies. As other crises are expected to spread in a domino effect, redefining national security will be essential for states and regional organizations. But in this process the decisions could collide with the assumed international obligations. Rethinking the national security agenda will certainly face issues that require the protection of certain strategic sectors that have a greater negative impact on the climate neutrality policy.

Keywords: budget; development; economic crisis; national security. (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:rom:mancon:v:17:y:2023:i:1:p:175-183

DOI: 10.24818/IMC/2023/01.17

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