Utenlandske investeringer og andre økonomiske virkemidler - når truer de nasjonal sikkerhet?
FFI-Report
2021
This publication is only available in Norwegian
About the publication
Report number
20/03149
ISBN
978-82-464-3328-8
Format
PDF-document
Size
7.2 MB
Language
Norwegian
Traditionally, the field of international relations entertained a great division between economics, trade
and investments, on the one hand, and military power, security and defense policy, and territorial
sovereignty, on the other. Lately, however, the relationship between the economy and national
security has gained increased attention. This interest is also seen in policy circles. For instance, in
Western countries including Norway, the concern about foreign investments in industries of strategic
importance, e.g. telecommunications and IT, has accelerated in recent years. Investments represent
one among many economic instruments available for states in their pursuits of strategic and political
objectives; the repertoire of economic statecraft also includes trade and taxation policies, loans and
aid, currency and expropriation policies and control over labor and migration. Furthermore, economic
instruments can be combined with non-economic instruments such as cyber and propaganda
operations. The goal of this report is to strengthen the Norwegian government’s understanding of
the potential threats and challenges the Norwegian society faces from foreign states’ application of
economic instruments, alone or in tandem with non-economic instruments.
In this report, we study how the use of economic instruments by other states may threaten Norway’s
national security interests. In addition, we integrate the identified security threats into a risk and
vulnerability analysis. It is beyond the scope of this report to conduct a full analysis of threats, risks,
and vulnerabilities. The purpose of the report is instead to initiate a broader take on how investments
and other economic instruments can threaten Norway’s national security, and then to formulate
policies that can shape the Norwegian government and other actors’ ability to defend against such
threats. One of the primary objectives is to identify areas for future evaluations and research.
In international relations, the growing literature on economic statecraft studies states’ use of economic
instruments to achieve strategic objectives. In our pursuit of concrete threats and vulnerabilities
applicable for a small state like Norway, we identify several serious gaps in this literature. The literature
provides us, however, with theories, methods, and empirical applications that we exploit to form a
morphological analysis. This analysis allows us to identify and describe security threatening actions
that have few or no historical examples in addition to well-known and well-studied actions. We identify
six broad categories of actions: facilitate secret attacks and sabotage, state-led influence activity,
state-led intelligence activity, circumvent non-proliferation regulations, protect strategic interests, and
affect relative power relations. These actions may also be combined with other instruments. Such
combinations may provide a deeper understanding of the threats that economic instruments pose to
Norway.
Threats, values and vulnerabilities are dimensions in a risk and vulnerability analysis. Notwithstanding
the potential threats from economic statecraft, we therefore first need to define the critical values the
Norwegian society need to protect. This is done through a discussion about fundamental national
functions as values of importance for Norway. Second, we present relevant aspects of a vulnerability
evaluation, including dependencies between sectors and processes, complexity, the presence of
effective barriers and contextual and country-specific factors. The report provides recommendations
for further studies within each of the three dimensions in order to reduce existing knowledge gaps in
the literature and in policy circles.