Analyzing Global Geopolitical Stability in Terms of World Trade Network Analysis

Author:

Papadopoulos Georgios D.1,Magafas Lykourgos1,Demertzis Konstantinos2ORCID,Antoniou Ioannis3

Affiliation:

1. Laboratory of Complex Systems, Department of Physics, Faculty of Sciences, International Hellenic University, Campus St. Loukas, 654 04 Kavala, Greece

2. School of Science & Technology, Informatics Studies, Hellenic Open University, 263 35 Patra, Greece

3. School of Mathematics, Faculty of Physics and Mathematics, Aristotle University of Thessaloniki, 541 24 Thessaloniki, Greece

Abstract

The global economy operates as a complex and interconnected system, necessitating the application of sophisticated network methods for analysis. This study examines economic data from all countries across the globe, representing each country as a node and its exports as links, covering the period from 2008 to 2019. Through the computation of relevant indices, we can discern shifts in countries’ positions within the world trade network. By interpreting these changes through geopolitical perspectives, we can gain a deeper understanding of their root causes. The analysis reveals a notable trend of slow growth in the world trade network. Additionally, an intriguing observation emerges: countries naturally form stable groups, shedding light on the underlying structure of global trade relations. Furthermore, this research highlights the trade balance as a reflection of geopolitical strength, making it a valuable contribution to the study of the evolution of global geopolitical stability.

Publisher

MDPI AG

Subject

Information Systems

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