DETERIORATING ECONOMIC CONDITIONS AND THEIR IMPACT ON NATIONAL SECURITY

Abstract

The paper reviews the connection between economy and national security. The deteriorating economic conditions are threatening all segments of life and dependence of national security on viable economy is evidently noticeable in today’s environment. National security is a requirement for maintaining the survival of the state through the use of economic power, diplomacy, power projection and political strength. National security is not a static concept and is ever changing with the transmuting environment. Core interests of our nation cannot be protected through military muscles alone, while neglecting economic development. Pakistan is witnessing economic down-turn due to domestic and international financial crises. Huge accumulation of foreign and domestic debt has complicated the economic revival. The security situation has made the economic recovery difficult and due to unprecedented problems in the country, various macro-economic targets have suffered set-backs in the past. Large fiscal deficits, population growth, higher unemployment, coupled with weak national security require a fresh approach to revive economy. Pakistan is facing multi-dimensional threats and the problem is far more serious, for our very survival is at stake, warranting immediate and long-term remedial measures. Pakistan’s national security can be ensured through uplift of economic revival at grass-root level, coupled with national integration, interfaith harmony and development in education sector.