Economic Trends and Policy Responses in Times of Conflict and Global Instability

Editors: Eleni Gavriil, Zakia Aqra, Georgios A. Deirmentzoglou

ISBN: 9798260001219

Published: September 25, 2026

Format: Hardcover

Language: English

Publisher: IGI Global Scientific Publishing

Description

Rising geopolitical tensions have reshaped the global economy and challenged long-standing assumptions about the relationship between economic integration and stability. As countries adapt to a changing international order, economic considerations are becoming central to geopolitical competition, and the boundaries between economics and security are growing less distinct. This book examines how economic forces shape conflict and how instability, in turn, influences economic outcomes. It brings together perspectives that are often considered separately, connecting theoretical frameworks with contemporary developments to explain the economic dimensions of conflict in the twenty-first century.

Key Features

Analysis of economic statecraft and sanctions, from coercion to countermeasures, including the legal and policy challenges of a geoeconomic order, useful for assessing how states use trade and finance to pursue strategic goals.
Trade fragmentation and global value chain reconfiguration in the post-2020 economy, relevant to country-risk and supply-chain assessment.
Case studies including the Strait of Hormuz (energy chokepoints and food security), Yemen, and Russia under war and sanctions.
Practical chapters on investment and FDI during conflict, maritime trade disruption, and resilience in tourism and hospitality.
Interdisciplinary perspective combining economics, political economy, international relations and international economic law.

Coverage

Fifteen chapters cover economic statecraft and sanctions, the economic triggers and aftermath of modern warfare, investment and FDI under conflict, trade fragmentation and global value chain reconfiguration, maritime trade, energy chokepoints and food security, and the exploitation of natural resources in occupied territories. Regional and country analyses examine Yemen and Russia, and the final chapters turn to tourism, real estate and luxury hospitality under geopolitical instability, including AI-augmented risk management. The volume combines theoretical perspectives with contemporary developments and policy responses, addressing readers in economics, political economy, foreign policy, international organizations and development agencies.

About the Authors

Eleni Gavriil is Assistant Professor of Human Rights and International Economic Law at the Department of History, Politics and International Studies, Neapolis University Pafos. She is an Attorney-at-Law registered with the Athens Bar Association. Her research focuses on the legal framework for the protection of foreign direct investment and on human rights. She directs the NUP Human Rights Observatory and coordinates the BSc in International Relations and Security.

Zakia Aqra is Lecturer in International Relations and Foreign Policy at Neapolis University Pafos and Editor-in-Chief at the Centre for Mediterranean, Middle East and Islamic Studies (CEMMIS). Her research interests include foreign policy, security and non-state armed actors, drawing on language skills and expertise in the cultural, religious, social and political issues of the Middle East.

Georgios A. Deirmentzoglou is Assistant Professor in International Entrepreneurship, Technology and Sustainable Social Development at Neapolis University Pafos. He holds a PhD in Business Administration and an MBA, and his research focuses on international entrepreneurship, the global economy, technological innovation, sustainable development and tourism.

Table of Contents

Preface
1. Economic Statecraft in an Era of Fragmentation: From Coercion to Countermeasures
2. Evaluating the Economic Triggers and Aftermath of Modern Warfare
3. Economic Sanctions and Global Fragmentation: Legal and Policy Challenges in a Geoeconomic Order
4. Investments at Play During Conflict and Global Instability: Infrastructure, FDI, and Economic Statecraft
5. The Combination of FDI, Infrastructure Influence, and Economic Diplomacy and Adaptation in Line With the Trends of the International Environment
6. Trade Fragmentation and Global Value Chain Reconfiguration in the Post-2020 Economy
7. Navigating Global Maritime Trade in Times of Conflict and Instability: Economic Disruptions, Geopolitical Risks, and Policy Responses
8. Energy Chokepoints, Food Security, and Economic Stability During Conflict: The Case of the Strait of Hormuz
9. The Exploitation of Natural Resources in Occupied Territories: In Search of Effective Control Mechanisms
10. Defensive Realism, Geoeconomic Statecraft, and Riyadh's Strategic Recalibration in Yemen
11. The Carnegie Model in International Relations: Russia's Strategic Adaptation Under War, Sanctions, and Uncertainty
12. Narrating Economic Sanctions: A Narrative Policy Framework Analysis of Geoeconomic Statecraft in the Russia–Ukraine Conflict
13. Geopolitical Instability and Reconfiguration in Tourism Real Estate and Mixed-Use Developments: Investment Implications and Policy Responses
14. Tourism Enterprise Performance Management Under Geopolitical Instability: Integrating Performance Tools for Economic Resilience in the Mediterranean
15. From Crisis Response to Predictive Resilience: AI-Augmented Knowledge Systems for Managing Geopolitical Risks in the Global Luxury Hospitality Industry
Compilation of References
About the Contributors
Index

Why buy this book?

Economic security and geopolitical risk now sit at the centre of policy, investment and strategic planning. This volume treats them together rather than as separate fields, giving economists, policy practitioners and international organizations a single reference on how conflict and global instability reshape economic decisions. With 15 chapters and 562 pages, it is a substantial resource for graduate and doctoral teaching and for libraries building collections in international political economy.

Keywords

Economic statecraft, economic sanctions, geopolitics, conflict economics, global instability, trade fragmentation, modern warfare, Strait of Hormuz, international political economy, economic security

Target Audience

Graduate and doctoral students, economists and political economists, foreign policy practitioners, international organizations, development agencies, policymakers, university and research libraries

Genre

Geopolitics, International Relations, Political Economy, Economy

Q&A

What does Economic Trends and Policy Responses in Times of Conflict and Global Instability cover?
It examines how economic forces shape conflict and how geopolitical instability influences economic outcomes, covering economic statecraft, sanctions, modern warfare, trade fragmentation, investment and maritime trade across 15 chapters.

Who are the editors?
Eleni Gavriil, Zakia Aqra and Georgios A. Deirmentzoglou, all at Neapolis University Pafos, working in international economic law, international relations and international entrepreneurship.

Who is this book written for?
Graduate and doctoral students, economists, political economists, foreign policy practitioners, international organizations, development agencies and policymakers.

Why are economics and security increasingly linked?
As countries adapt to a changing international order, economic decisions and security decisions increasingly shape one another, which makes them hard to study in separate fields. This book treats them together.

Where can I buy Economic Trends and Policy Responses in Times of Conflict and Global Instability?
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