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World Politics

In Search for the Solutions to Increase the Effectiveness of International Political Influence: Convergence of Financial Pressure and Cyberspace Operations in the Foreign Policy of Modern States

Shlyundt Nadezhda Yuryevna

PhD in Law

assistant professor, Nevinnomyssk State Humanitarian and Technical Institute

357108, Russia, Stavropol'skii krai, g. Nevinnomyssk, bul. Mira, 19a

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Abstract: The article explores new means of international political influence, namely cyber-financial instruments which are a consequence of convergence of traditional financial measures of pressure with the already widespread cyber-space operations. The author raises general issues related to convergence in politics, considers the prerequisites for their emergence, objects, types and advantages of cyber-financial instruments of foreign policies of modern States, highlighting that they allow the actor who decided to use them to remain incognito and not to destroy the beneficial relationships of economic dependence. Pursuant to the goals established, the author refers to a content analysis of specialized scientific literature on relevant topics, a method of classification highlighting the types of cyber financial instruments, as well as to the study of specific situations that confirm the assumptions. The author comes to the conclusion that a number of new instruments of foreign policy influence which can be called cyber-financial instruments are emerging on the background of interpenetration, convergence of financial infrastructure and cyberspace. Increasingly, these are found to be the preferred means of fighting in the global political arena, used directly by States, their unions, and through their proxy actors. Alongside, the use of these tools brings both greater effectiveness of international pressure and new risks and threats.

Keywords: foreign policy cyberfinancial tools, foreign policy cyberspace tools, foreign policy financial tools, convergence in politics, financial confrontation, foreign policy tools, financial sanctions, world politics, international political influence, political proxy actors
This article written in Russian. You can find full text of article in Russian here .

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