Global War Finance in the Twenty-First Century

Abstract

Abstract This chapter explores the landscape of war finance in the twenty-first century, emphasizing the globalized nature of funding mechanisms that support military operations across the world. War finance has shifted from a traditional, state-centric operation toward a more complex system involving a mix of state and non-state actors, leveraging global financial markets and technologies. The discussion highlights how these actors access international capital markets, utilize digital currencies, and engage in economic strategies that blur the lines between economic and military warfare. This comprehensive overview not only sheds light on the mechanisms of war financing in the modern era but also prompts a reevaluation of the implications for international security and economic policy.