The Economic and Financial Stability Programme considers economic security as an essential foundation for both national and transnational security.

Our Expert Groups focus their attention on economic security - its structure and component parts - and on levels of economic performance and consider endogenous and exogenous shocks in economic development as economic security threats.

The range and scope of economic threats and the resultant potential for massive economic damage place this issue among the highest national priorities. There is a vital need to develop measures that effectively combat and contain such threats in a manner that will ensure that the foundations of the economy remain stable and that in turn allows industrial, financial and foreign trade policies to be optimised and implemented on these firm foundations.

Financial security is a key component of economic security. In this connection we study a number of critical areas, including: fiscal and banking systems; balance of payments; governmental and private sector liabilities and financial instruments applied in defence and security sphere of activity. Special attention is paid to the financial - including foreign currency - wars, which are associated with the so-called ‘manageable chaos‘.