1. World problems
  2. Economic destabilization of countries by external forces

Economic destabilization of countries by external forces

  • Covert undermining of national economies

Incidence

In 1992, it was reported that a US-led destabilization campaign has targeted Iraq with vast amounts of counterfeit currency. The fake dinar notes were being smuggled across the Jordanian, Saudi, Turkish and Iranian borders in an effort to undermine the Iraqi economy and the government of Saddam Hussein. The countries behind the operation included western nations, Saudi Arabia, Iran and Israel. Counterfeit USA dollars were also being smuggled into Iraq in smaller quantities to further confound the banking system. The counterfeit notes were raising inflation and together with trade sanctions were weakening the economy to the point where local currency could become worthless.

Broader

Narrower

Aggravates

Aggravated by

Strategy

Value

Uneconomic
Yet to rate
Undermining
Yet to rate
Instability
Yet to rate
Covert
Yet to rate

SDG

Sustainable Development Goal #17: Partnerships to achieve the Goal

Metadata

Database
World problems
Type
(E) Emanations of other problems
Biological classification
N/A
Subject
  • Defence » Military forces » Military forces
  • Economics » Economic
  • Economics » Economy
  • Societal problems » Instability
  • Society » Foreign
  • Content quality
    Unpresentable
     Unpresentable
    Language
    English
    1A4N
    E9420
    DOCID
    11594200
    D7NID
    133216
    Last update
    Oct 4, 2020