AN OVERVIEW OF THE SOCIOECONOMIC DETERMINANTS ON NATIONAL’S SECURITY

Abstract

Socioeconomic development incorporates sustained increase in the economic growth per capita for a country. For instance, economic security is a major element of national security based on the instruments of Diplomacy, Information, Military, and Economic (DIME). As such, this study overview the impacts of socioeconomic issues on Malaysia’s stability and security that contribute to the national power. Hence, the selected macroeconomic determinants, namely inflation, employment rate, and military expenditure, were assessed. The research methodology employed in this study had been based on the comparative approach. The study outcomes revealed strong relationships of the selected macroeconomic determinants with both the stability and security of Malaysia. Investment in defence spending is prescribed to promote the economic growth in Malaysia. This study concludes that socioeconomic development plays an integral role in contributing to the security and the stability of Malaysia. Further discussion, analyses, conclusion, and measures are elaborated.