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NTS Bulletin

NTS Bulletin June 2014

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A publication of the Centre for Non-Traditional Security (NTS) Studies at the S. Rajaratnam School of International Studies (RSIS), Nanyang Technological University, Singapore.

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This year is the 20th anniversary of the release of the 1994 United Nations Development Programme’s (UNDP) Human Development Report, which defined the concept of human security and brought it to international attention. It is thus timely to ask: where is human security today? The following is the sixth part of a series exploring the evolution of the concept and its impact on security thinking and practice.

20 Years of Human Security:
A special focus on economic security

By Centre for Non-Traditional Security (NTS) Studies
S. Rajaratnam School of International Studies (RSIS)
Singapore

The 1994 UN Human Development Report defines economic security as one of the Human security components that requires “an assured basic income-usually from productive and remunerative work or in the last resort from some publicly financed safety net.” Economic security therefore envisions that everyone has access to a basic income and freedom from poverty throughout their lifetime.

However, economic security gaps remain within countries as well as between under-developed, developing and developed countries twenty years on. Under-developed countries face economic insecurity as a result of government failures to create basic safety nets for marginalised groups. Economists usually suggest a reduction of such expenditures, including healthcare and social welfare because it is believed that under-developed countries cannot afford such expenditures and that economic growth must happen first and then societies can provide for the social welfare of their people. However, it is argued that welfare expenditures can be a spike to economic growth, especially since they are labour-intensive and labour is relatively cheaper in poor countries. Existence of micro-finance institutions and the access of the poor to micro-finance and micro-credits are forms of recent economic security strategy.

Some developing countries face economic insecurity as a result of low government capacities to ensure access to jobs and a secured income.  Recently in the developed world's economies, high unemployment in the USA and Europe as a result of the 2008 Global Financial Crisis has exemplified a key aspect of human insecurity.

Economic insecurity & its consequences

In the 1944 Declaration of Philadelphia the International Labour Organisation's (ILO) mandate increased from improving working conditions to promoting more equitable growth "in conditions of freedom and dignity, of economic security and equal opportunity". The ILO now ranks countries on an Economic Security Index, which is made up of different but related securities namely decent representation security, decent work security and the real freedom to pursue whatever of the other forms of work-related securities they desire. With real freedom, civil and political rights can reduce the risk of major social and economic shambles by empowering individuals to criticise, ensuring that these views are broadcasted, keeping government up-to-date and triggering a policy response. This is so as to avoid triggering other forms of insecurity in many countries. For example, youth unemployment is believed to be one of the factors that triggered the Arab Spring in 2010. Indeed, youth unemployment is expected to worsen globally and poses a clear challenge worldwide. Therefore, economic security demonstrates a threat multiplier effect on global security.

New threats

Globalisation has fuelled more trade exchange, products and culture across countries forming a global economy network. As economies became interdependent, any threat to one country’s economy can create cascading effects on others. In sum, economic security can no longer only be obtained using traditional national economic instruments and policies such as a minimum wage, independent trade unions, the creation of employment agencies, skills upgrading program, and pension schemes. The economic security of individuals is now much more volatile and easily affected by events in other parts of the world. The 2009 Eurozone crisis saw 10 central and eastern European banks ask for a bailout in part as a result of the 2006 US housing market crisis. Private and government spending was restrained to lower debt to cut costs, which resulted in jobs losses. For example the ripple effects of the financial crisis caused an increase in European unemployment with Portugal, Italy, Ireland, Greece, and Spain being the worst affected. In turn, the Eurozone crisis had a spill-over effect on Asia as demand for commodity exports to European countries lowered. Ultimately the economic component of human security illustrates well the mutually reinforcing and complex nature of security threats the world faces today.

Core readings

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CLIMATE CHANGE, ENVIRONMENTAL SECURITY AND NATURAL DISASTERS

News & Commentaries

Selected Publications

Events & Announcements

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ENERGY AND HUMAN SECURITY

News & Commentaries

Selected Publications

Events & Announcements

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FOOD SECURITY

News & Commentaries

Selected Publications

Events & Announcements

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HEALTH SECURITY

News & Commentaries

Selected Publications

Events & Announcements

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INTERNAL AND CROSS-BORDER CONFLICT

News & Commentaries

Selected Publications

Events & Announcements

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TRANSNATIONAL CRIME

News & Commentaries

Selected Publications

Events & Announcements

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WATER SECURITY

News & Commentaries

Selected Publications

Events & Announcements

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Terms of Use:

You are free to publish this material in its entirety or only in part in your newspapers, wire services, internet-based information networks and newsletters and you may use the information in your radio-TV discussions or as a basis for discussion in different fora, provided full credit is given to the author(s) and the Centre for Non-Traditional Security (NTS) Studies, S. Rajaratnam School of International Studies (RSIS). Kindly inform the publisher (NTS_Centre@ntu.edu.sg) and provide details of when and where the publication was used.

About the Centre:

The Centre for Non-Traditional Security (NTS) Studies, based in the S. Rajaratnam School of International Studies (RSIS), was inaugurated by Association of Southeast Asian Nations (ASEAN) Secretary-General Dr Surin Pitsuwan in May 2008. The Centre maintains research in the fields of Climate Change, Food Security, Energy Security, Health Security, as well as Internal and Cross-border Conflict. It produces policy-relevant analyses aimed at furthering awareness and building capacity to address NTS issues and challenges in the Asia Pacific region and beyond. The Centre also provides a platform for scholars and policymakers within and outside Asia to discuss and analyse NTS issues in the region.

The Centre is the Coordinator of the ASEAN-Canada Research Partnership (2012–2015) supported by the International Development Research Centre (IDRC), Canada. It also serves as the Secretariat of the initiative.

In 2009, the Centre was chosen by the MacArthur Foundation as a lead institution for its three-year Asia Security Initiative (2009–2012), to develop policy research capacity and recommend policies on the critical security challenges facing the Asia-Pacific. It is also a founding member and the Secretariat for the Consortium of Non-Traditional Security Studies in Asia (NTS-Asia).

More information on the Centre can be found at www.rsis.edu.sg/nts.


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