NATO Review 2009
Edition 2: NATO at 60
Edition 3: Law, order and the elections in Afghanistan
Current Edition:
World financial crisis: what it means for security
In the next issue Organised crime: the unseen enemy?
All archives - Schedule
Due to translations, the other language editions of NATO Review go online approximately two weeks after the English version.
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World financial crisis: what it means for security
Does less wealth mean more conflict and less security? With the financial crisis rapidly unfolding, we are about to find out. In this edition, NATO Review looks into the facts, figures and opinions surrounding the economic meltdown. And it finds that issues like foreign aid, protectionism and scarce resources rank just as highly as military spending.
Three minutes showing how the financial crisis could impact on security issues from migrant workers through to extremist political groups.
How did the financial crisis arrive - and where will it lead? NATO's Senior Economist Adrian Kendry gives a guided tour of the the paths linking the crisis with security.
Experts from the UN, the World Bank and the IMF answer questions on how the financial crisis will affect Afghanistan, fragile countries and globalisation.
From as early as September 2007, there were warning signs for the financial system. This photostory highlights some of the key points that followed in the financial meltdown.
NATO Review interviews the award winning author and Oxford University professor on the effect the financial crisis will have on the world's poorest countries.
How will tighter belts affect the way military budgets are spent? And when will defence feel the pinch? Dr Derek Braddon examines the impacts for countries and alliances.
Has the economic crisis helped or hindered the rise of China? And does it bring China closer to the US? An expert in China-US relations, Professor Jing Men investigates.
François Melese argues that the impact of the financial crisis on security cannot be underestimated. And he looks at whether it originated in the private or public sector.
Peter Holmes analyses whether the explosive 1930s mix of protectionism, extremism and conflict could happen again in today’s financial crisis.
The crisis in the financial world could open up new ways of working in the energy world, argue Dr Heiko Borchert and Karina Forster.

It's really not very easy to find any positives that came out of the last great Depression in the 1930s. Incredible hardship, political extremism and ultimately world conflict is about as bad as it gets.

In fact, the famous economist J K Galbraith said that the best thing about the Depression was the warning it gave us about falling into another one.

It seems clear now that we did not heed that warning.

The world has tumbled from secure homes to insecure loans; from bulls to bears; and from encouraging stability to worrying uncertainty.

Nobody connected with security issues can pretend this is just a financial or economic issues. Even those who try will find that budget, personnel and project restraints respect no borders.

More troubling is the spark that the economic crisis may give to currently dormant, but explosive situations. Will this tip some areas, countries or even regions over the edge?

In this edition of NATO Review, we gather opinions from those who know the key sides of the current situation: the economy, the defence environment and the fragile areas.

Some of their opinions may surprise. For example, who would have expected that this crisis could be seen as a potential positive for Afghanistan?

For those who still need convincing of what is at stake, just click on the first video. It outlines some of the challenges in just three minutes.

And, unlike the last Depression, it manages to find some positives.

Paul King