Upon hearing the term “economic security,” many people think of measures such as export controls, screening of investments by foreign firms, strengthening of supply chains and development of cutting-edge technologies.
These are certainly important aspects, but there are other factors that are vital to economic security, including infrastructure financing, currency and financial sanctions.
The ruling Liberal Democratic Party’s proposals for its economic security strategy defines the term as “ensuring the nation’s independence, survival and prosperity in economic terms.”
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.