Abstract
ABSTRACT The displacement of traditional military security policy by the primacy of economic interests—the economization of security—constitutes a paradigm shift that is about to change international security policies. It is becoming visible in the commercialization of nuclear proliferation, which makes the international security environment increasingly harder to predict; in the emergence of new security threats that challenge the adequacy of military means in a nation's political–economic calculus; in the global financial crisis that forces Western nations to reduce defense budgets and military ambitions; and in the specter of “resource wars,” that is, economically motivated competitions that might turn into military conflict. All of these developments suggest that the relationship between security and economics is changing profoundly, posing major challenges to the cohesion of traditional military alliances.
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