ARMED AGGRESSION AND SANCTIONS POLICY IN THE GLOBAL SECURITY SYSTEM: LEGAL FRAMEWORKS, ECONOMIC IMPLICATIONS, AND DETERRENCE MECHANISMS

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Published: Apr 10, 2026

  Oksana Voloshchuk

  Olena Popovych

  Oleh Vorobchak

Abstract

The article examines the key dimensions of contemporary global security in the context of armed aggression, focusing on the economic, legal, informational, and cyber components of hybrid influence. The study's pertinence is rooted in the escalating prevalence of novel conflicts and their progressively intricate and multifaceted ramifications on the international system, encompassing disruptions to global trade, financial stability, and governance structures. The objective of the research is to ascertain the structural patterns that underpin deterrence mechanisms based on economic sanctions, international legal instruments, and crisis management strategies, thereby providing a comprehensive framework for understanding how states and international organisations can respond effectively to modern security challenges. The methodological framework utilised encompasses the structural-functional approach, comparative legal analysis, systematisation of economic effects, and modelling of potential implications for the victim state and the global market. The study demonstrates that sanctions reshape financial stability and market access for aggressor states, alter technological dynamics and investment behaviour, and can generate long-term systemic pressure. Concurrently, the research identifies concomitant side effects such as supply chain disruptions, price volatility, and heightened global economic uncertainty. The practical value of the study lies in its ability to provide comprehensive recommendations that are designed to enhance the effectiveness of sanction regimes, strengthen international coordination, mitigate risks for the victim state's economy, and integrate crisis management components into response mechanisms. In conclusion, the development of a multi-level, adaptive, and legally balanced deterrence system contributes to maintaining international security and protecting state sovereignty in the modern security environment.

How to Cite

Voloshchuk, O., Popovych, O., & Vorobchak, O. (2026). ARMED AGGRESSION AND SANCTIONS POLICY IN THE GLOBAL SECURITY SYSTEM: LEGAL FRAMEWORKS, ECONOMIC IMPLICATIONS, AND DETERRENCE MECHANISMS. Baltic Journal of Economic Studies, 12(2), 50-58. https://doi.org/10.30525/2256-0742/2026-12-2-50-58
Article views: 15 | PDF Downloads: 5

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Keywords

sanctions, hybrid aggression, global security, international law, war economy, crisis management, cybersecurity, international institutions, aggression deterrence, risks for the victim state

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