The safety and security research is presented as a problem of multiple levels. This article is focused on security on a national level within the wider international community. More specifically, it evaluates economic policy exercised by several members of the international community as the response to the Russian annexation of Crimea in 2014. “Economic statecraft” as a technical term presented by David A. Baldwin in the book with the same name represents economic policy exercised by International actor or multiple actors to influence the behavior of another actor in the desired direction. The main advantage of such tool is it`s non-violent nature as the opposite of direct military involvement often resulting in death and various atrocities. Baldwin as a realist or perhaps neo-realist on the field of the theory of international relations provides us with tools for assessment of the viability of economic sanctions. Evaluation tools can be used in retrospect when the wider economic data is available. Economic statecraft is the comprehensive name for economic policy instruments such as economic sanctions, economic warfare and foreign aid. When these are used in the particular case, their usage can be consequently evaluated taking into consideration four main criteria. The aim of this paper is to analyze, evaluate and discuss economic sanctions imposed against Russia as a consequence of Crimean annexation. A secondary aim of this article is to synthesize acquired knowledge and assess the success of sanctions in this particular case. Final part of this article reviews the outcomes of such economic policy using the Baldwin`s “failure makers.”
Our paper is dealing with the issues of economic security and international relations in the European Union (EU) at the uncertain times of rethinking European security and sustainability in the face of Brexit and other challenges facing Europe.
The paper focuses on the EU issues from the point of view of the outside observer. It also discusses the EU neighborhood policies, EU energy balance and power nexus, as well as other economic and political challenges that might undermine the position of the EU in the rapidly changing world.
We analyze the EU economic and energy strategy and discuss the implications of Brexit on the EU economy and security in the world affairs. The paper tackles such important issues as energy security, economic security, international trade in the EU and the future of the Eurozone. Our results and implications might be useful for relevant policy-makers, EU decision-makers, relevant stakeholders as well as for the citizens of the EU residing both in the “new” and the “old” Member States who might want to get a non-involved expert insight into the European affairs and that possible pathways of its future development.
The author presents a new European security environment after the “Cold War”, including not only the challenges and threats to the international security but also the essential conditions and problems of the European security evolution at the beginning of the 21st century. He shows the dynamic and constant changes taking place within the international environment and those related to the progress of civilization. Moreover, he stresses that current policy and security measures are not capable of effective action against having to appear before the new challenges and threats. Then the problem of unity and identity in the transatlantic relationship is taken. According to the author, in complicating sphere of the international conditions the role of multilateral institutions effectiveness in the international cooperation increases. Due to the increasing importance of interdependence and internationalization, European security challenges are European-wide and even transatlantic. Addressing them requires the preservation of unity that will be possible by strengthening common identity based on shared values and common interests.