Research Paper

Energy Strategy Insights - Economic Coercion from a Deterrence Perspective

Author	Yoshikazu Kobayashi
Summary	There is growing interest in economic coercion—the strategic use of economic interdependence by states to achieve their foreign policy and national security objectives. Recent actions to ensure economic security have been driven by ...
Outline	Economic security requires not only responding to economic coercion but also deterring it before it occurs. Deterrence takes two forms: deterrence by punishment, which threatens retaliation against coercive actions, and deterrence by denial, which reduces the effectiveness of coercion by strengthening resilience through supply chain diversification and strategic stockpiles. Given its limited economic leverage, Japan has focused primarily on deterrence by denial, while rule-based measures such as WTO litigation can also enhance deterrence by imposing reputational costs. Going forward, Japan should pursue de-risking while preserving free trade and strengthening its deterrence against economic coercion.
Keyword	Economic coercion, Deterrence, Deterrence by punishment, Deterrence by denial, Economic security, Derisking
Media	ＨＰ (7/6/2026)
URL	https://test-eneken.mvmt.jp/en/energy_strategy_insights.html
Report PDF	https://test-eneken.mvmt.jp/data/13372.pdf