The Great Economic War (GEW) (Part 4: Battles reshaping the global monetary order) Phuah Eng Chye (10 September 2022) The global monetary order underpinned by USD hegemony has held up remarkably well over many decades. Despite recurring financial and currency crises, USD hegemony provided the unity, efficiency and stability to drive globalisation. A key feature … “The Great Economic War (GEW) (Part 4: Battles reshaping the global monetary order)”
Tag: GEW
The Great Economic War (GEW) (Part 3: The financial nuclear bomb)
The Great Economic War (GEW) (Part 3: The financial nuclear bomb) Phuah Eng Chye (27 August 2022) In reaction to Russia’s invasion of Ukraine, the West launched a comprehensive economic war aimed at isolating Russia in the physical (e.g. airspace, ports, export and import bans) and information (e.g. ownership, finance) realms. The main offensive took … “The Great Economic War (GEW) (Part 3: The financial nuclear bomb)”
The Great Economic War (GEW) (Part 2: Strategic concepts and implications)
The Great Economic War (GEW) (Part 2: Strategic concepts and implications) Phuah Eng Chye (13 August 2022) Economic attacks have become the weapons of choice among superpowers. In the past decade, the US relied on a narrow range of sanctions and controls to restrain their adversaries. The Great Economic War (GEW), launched as an asymmetric … “The Great Economic War (GEW) (Part 2: Strategic concepts and implications)”
The Great Economic War (GEW) (Part 1: The beginning)
The Great Economic War (GEW) (Part 1: The beginning) Phuah Eng Chye (30 July 2022) Russia’s invasion of Ukraine has two fronts – the military and the economic. On the military front, it is a test of modern weaponry and integrated warfare between reasonably-matched opponents. While opinions fluctuate, scenarios[1] have settled on Russia establishing control … “The Great Economic War (GEW) (Part 1: The beginning)”