Economic (in)security in globalization challenges

Abstract

The text deals with the economic (in)security that modern society is facing. First of all, this paper starts with an explanation of the concept of security, what does it mean, and how is this concept defined in the literature. We also present some of the basic theoretical approaches used in modern security. In the following, we deal with neoliberal economic theory, which we believe has had a massive impact on the economic (in)security not only of Serbia but also for the countries of Southeast Europe, which all experienced a similar outcome with deindustrialization, that is to become dependent countries on the periphery of the world capitalist system. At the end of the paper, we conclude that due to economic uncertainty and in quest of a better standard of living, the countries of Southeast Europe, including Serbia, remained without an immense population, which will be a big problem for them in the future.