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- Economic diplomacy requires application of technical expertise that analyze the effects of a country's (receiving state) economic situation on its political climate and on the sending state's economic interests.
en.wikipedia.org/wiki/Economic_diplomacy
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Four key modes of economic diplomacy are critical to managing contemporary globalization: commercial diplomacy, trade diplomacy, finance diplomacy, and consular visa services in relation to increased immigration flows.
Economic diplomacy requires application of technical expertise that analyze the effects of a country's (receiving state) economic situation on its political climate and on the sending state's economic interests.
The brief definition used here for economic diplomacy is decision-making and negotiation in core issues affecting international economic relations.
- The Problem of Terrorist Financing
- Support For Economic Reform, Reconstruction and Rebuilding
- A Vast Array of Economic Diplomacy Issues
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On Sept. 11, 2001, I was traveling with Secretary of State Colin Powell in Lima, Peru, where, among other objectives, we were exploring with Peru’s president how the United States could use its economic tools to support that newly re-emerged democracy. This mission was disrupted by that day’s terrorist attacks. On the flight home and then with my c...
Interestingly, the second highest score given by that same 2005 report on 9/11 recommendations was a “B+” for policies supporting economic reform in the regions of concern. In the fall of 2001, as EB began to work on blocking terrorist financing, it also began a concerted effort to develop initial economic support and reform packages for countries ...
Beyond these striking examples, the EB team used its partnerships among State, U.S. embassies and U.S. agency colleagues daily across a host of issues during these years. This work included helping to ensure U.S. and global energy security via sufficient oil production in the Persian Gulf; the development of new oil deposits in the Caspian region, ...
Economic diplomacy is the use of government recourses to promote the growth of a country’s economy by increasing trade, promoting investments, collaboration on bilateral and multilateral trade agreements and etc. It can also mean the use of the economy to promote foreign policy objectives.
- Jovan Kurbalija
So, the conduct of economic diplomacy, i.e., how a country manages its foreign economic relations including trade and investment, must adapt. Principles and Challenges The framework for economic diplomacy should seek to balance commercial openness with strategic foreign policy aims, broadly defined. It should situate a country
Mar 29, 2016 · We review the literature on economic diplomacy and provide a meta-analysis of 32 empirical studies published in 1986–2011 that deal with the trade and investment impact of economic diplomacy (embassies, consulates, other diplomatic facilities, investment and export promotion offices, trade and state visits).
