The end of the Cold War introduced, among others, a new perception of security provision; states demonstrated the will to outsource the monopoly of force projection to the free market.
From the active engagement of mercenary entities in African wars and the extensive involvement of private contractors in Iraq and Afghanistan the trend of security privatisation emerged as the most controversial issue in contemporary international politics.
The Privatisation of Maritime Security in Greece
By Captain (ret.) Ioannis Chapsos
Economics have always been, and always will be, directly related to security. Hence, in this era where the financial crisis is limiting the available funding in terms of security provision, states are no longer reluctant to outsource hitherto monopolies in order to sustain their
economies while simultaneously introducing alternatives for security.
Greece will be the case study of our hypothesis, as the most indicative paradigm in terms of both economic and maritime security issues.
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