Abstract Abstract
Title Title Principles of economic war and fighting towards the equilibrium situations.
Field Economics
Name Colonel Attanop Labsumsri Course NDC Class 59
The research has main purposes to study and analyze relevant factors of
economic war by presenting the ways to fight it through war and economic principles,
both demands and supplies academic knowledge. It finds that the root causes of
problems come from the conflicts of thinking and actions leading to the mentioned
fight or war. The research collects relevant theories, economic models of involved
economists in order to present new ideas that can fight this war. It also finds that we
can use war ad economics principles applied them as factors and tools to encounter
the current economic threats. In addition, it is to apply games theories to face these
economic war moving towards the Nash’s equilibrium points that are very useful for
designing approaches or any measures to cope with economic war efficiently and to
maintain the economic progress to the nation’s potentiality and capability as much
as possible with the aims of paving the way for future economic bases. The paper
proposes the recommendations as follow : 1. The authority should designate
measures to clearly cope with present economic conditions of the investment
competitions and face the competitions from other countries that are ready to do
the economic war ; 2. The authority should prepare to encounter the international
economic wars among power nations because Thailand as developing country could
not avoid the impacts of those conflicts and wars and because the new war would
rather concern the economic matters more than nuclear matters ; and lastly it is
certain that most influent economic tools should still be the US dollars that is the
main currency using in international reserves among the world nations.