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Minilateralism - How Trade Alliances, Soft Law and Financial Engineering are Redefining Economic Statecraft (Hardcover)
Loot Price: R1,959
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Minilateralism - How Trade Alliances, Soft Law and Financial Engineering are Redefining Economic Statecraft (Hardcover)
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Economic diplomacy is changing. The multilateral organizations that
dominated the last half of the twentieth century no longer
monopolize economic affairs. Instead, countries are resorting to
more modest 'minilateral' strategies like trade alliances, informal
'soft law' agreements, and financial engineering to manage the
global economy. Like traditional modes of economic statecraft,
these tools are aimed at both liberalizing and supervising
international financial policy in a world of diverse national
interests. But unlike before, they are specifically tailored to
navigating a post-American (and post-Western) world where economic
power is more diffuse than ever before. This book explains how
these strategies work and reveals how this new diplomatic toolbox
will reshape how countries do business with one another for decades
to come.
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