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Rethinking interdependencies: Ideal-typical worldviews on small and medium powers’ economic security




TekijätKauppila, Liisa; Sinkkonen, Elina; Söderström, Ines

KustantajaSAGE Publications

Julkaisuvuosi2025

Lehti: Cooperation and Conflict

Artikkelin numero00108367251364178

ISSN0010-8367

eISSN1460-3691

DOIhttps://doi.org/10.1177/00108367251364178

Julkaisun avoimuus kirjaamishetkelläAvoimesti saatavilla

Julkaisukanavan avoimuus Osittain avoin julkaisukanava

Verkko-osoitehttps://doi.org/10.1177/00108367251364178

Rinnakkaistallenteen osoitehttps://research.utu.fi/converis/portal/detail/Publication/500265235


Tiivistelmä

Asymmetric and systemic interdependencies are increasingly viewed as security risks that could materialise as harmful outcomes for small and medium powers. While great powers have an arsenal of resources to decrease interdependencies, for smaller powers size constitutes a core vulnerability and becomes a key variable in their recalculations of economic security. This article (1) identifies potential harmful outcomes brought on by the competences of great powers, and (2) constructs three ideal-typical worldviews on small and medium powers’ economic security. In particular, it argues that smaller powers can view security risks of foreign ownership, supply disruptions and critical high technology cut-offs either through competitive global market capitalism, integrationist multipolarism or protectionist small state realism: by prioritising cost-effectiveness, balancing between efficacy and risks of interdependence or actively reducing vulnerabilities. The data originate from a large-scale Finnish Delphi panel, during which stakeholders proposed means to avoid the materialising of threat scenarios presented as comic art. Although the results are not generalisable as such, the study offers an empirically rooted introduction to considerations and tensions that all non-great powers encounter when enhancing their economic security under the current circumstances. As such, the article opens the ground for theorising and formulating strategies on de-risking.


Ladattava julkaisu

This is an electronic reprint of the original article.
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Julkaisussa olevat rahoitustiedot
The author(s) disclosed receipt of the following financial support for the research, authorship and/or publication of this article: This study was funded by the Research Council of Finland, grant number 338145.


Last updated on 2025-06-10 at 10:16