Geopolitics of Finance; Modelling the role of states in the international financial system
(2021) STVM25 20211Department of Political Science
- Abstract
- The thesis explores the interaction between finance and the state, how the conditions of that interaction has changed and how that may affect the international financial system. It combines an evolutionary approach to geopolitical theorizing and complexity theory to suggest a basic model for the system-level analysis of the interaction between states in the contemporary international financial system. This model is then simulated using an agent-based modelling approach. The results suggest that even though international cooperation is a better option in the long run, states may get locked in uncooperative stalemates. Various processes are creating a situation where financial weight and cyber capabilities can be used to harm the financial... (More)
- The thesis explores the interaction between finance and the state, how the conditions of that interaction has changed and how that may affect the international financial system. It combines an evolutionary approach to geopolitical theorizing and complexity theory to suggest a basic model for the system-level analysis of the interaction between states in the contemporary international financial system. This model is then simulated using an agent-based modelling approach. The results suggest that even though international cooperation is a better option in the long run, states may get locked in uncooperative stalemates. Various processes are creating a situation where financial weight and cyber capabilities can be used to harm the financial situation of other states in a way that was not previously possible. Yet the more this is done, it risks undermining the key element of international financial cooperation – trust. As trust deteriorates it may create a hostile system that prevents cooperation, and which the states cannot break out of. This is termed a Mercantilist Trap. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9041857
- author
- Otto Syk, Marcus LU
- supervisor
- organization
- course
- STVM25 20211
- year
- 2021
- type
- H2 - Master's Degree (Two Years)
- subject
- keywords
- geopolitics, international finance, international cooperation, political finance, complexity theory, agent based modelling, geofinance
- language
- English
- id
- 9041857
- date added to LUP
- 2021-07-06 11:04:19
- date last changed
- 2021-07-06 11:04:19
@misc{9041857,
abstract = {{The thesis explores the interaction between finance and the state, how the conditions of that interaction has changed and how that may affect the international financial system. It combines an evolutionary approach to geopolitical theorizing and complexity theory to suggest a basic model for the system-level analysis of the interaction between states in the contemporary international financial system. This model is then simulated using an agent-based modelling approach. The results suggest that even though international cooperation is a better option in the long run, states may get locked in uncooperative stalemates. Various processes are creating a situation where financial weight and cyber capabilities can be used to harm the financial situation of other states in a way that was not previously possible. Yet the more this is done, it risks undermining the key element of international financial cooperation – trust. As trust deteriorates it may create a hostile system that prevents cooperation, and which the states cannot break out of. This is termed a Mercantilist Trap.}},
author = {{Otto Syk, Marcus}},
language = {{eng}},
note = {{Student Paper}},
title = {{Geopolitics of Finance; Modelling the role of states in the international financial system}},
year = {{2021}},
}