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The Effects of the Economic Crisis on Security

A joint initiative launched by RUSI and the Centre for the Study of Financial Innovation sets out to address the important but as yet unexamined security dimension of the economic crisis.

The global financial crisis has pushed the world into what seems certain to be the longest and deepest recession since 1945. An economic downturn of this magnitude is bound to impact on defence and security concerns. At the very least, a multi-year recession will pose a major test of social cohesion. On an international level, it will put old alliances under new strains and likely exacerbate tensions between the US and Europe. As its effects ripple outwards, the downturn could prove the final straw in many weak or failing states, potentially fuelling regional insecurity and anti-Western terrorism.

Bringing together RUSI’s expertise in the field of security, and CSFI’s unrivalled insight into the world of finance, this initiative bridges the gap between Whitehall and the City. The project will promote innovative, timely and constructive thinking on policy responses to the current financial situation.

RUSI Analysis

Analysis on the strategic and practical implications of the credit crunch for global security and UK defence.

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