Work

Leveraging Contingent Capital as a Non-Traditional Discipline of Economic Warfare

Year: 2025

Type: article

Abstract: "Leveraging Contingent Capital as a Non-Traditional Discipline of Economic Warfare," introduces the concept of insurfare as a possible new form of irregular warfare. The authors assert how the U.S. Special Operations Forces (SOF) enterprise can employ a unique financial tool—parametric insurance—to counter the growing influence of adversaries in the Global South in the era of Great Power Competition. Unlike conventional aid, this method triggers an automatic payout when a pre-determined event occurs, such as a natural disaster or crop failure. This allows for the swift and targeted delivery of capital, circumventing the typical delays of traditional foreign aid, building trust with local populations, and effectively denying enemies the opportunity to exploit economic vulnerabilities.

Source: Kent Academic Repository (University of Kent)

Authors: Flug, Matthew, Johansmeyer, Tom

Language: English

Topic: International Development and Aid

Subfield: Development

Field: Social Sciences

Domain: Social Sciences

SDGs: Peace, justice, and strong institutions, Partnerships for the goals

Open Access status: green

Funders: U.S. Department of Defense, United States Special Operations Command

OpenAlex ID: W7082315825

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