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Geo-economics and Power Politics in the 21st Century - The Revival of Economic Statecraft (Hardcover)
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Geo-economics and Power Politics in the 21st Century - The Revival of Economic Statecraft (Hardcover)
Series: Routledge Global Security Studies
Expected to ship within 12 - 17 working days
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Starting from the key concept of geo-economics, this book
investigates the new power politics and argues that the changing
structural features of the contemporary international system are
recasting the strategic imperatives of foreign policy practice.
States increasingly practice power politics by economic means.
Whether it is about Iran's nuclear programme or Russia's annexation
of Crimea, Western states prefer economic sanctions to military
force. Most rising powers have also become cunning agents of
economic statecraft. China, for instance, is using finance,
investment and trade as means to gain strategic influence and embed
its global rise. Yet the way states use economic power to pursue
strategic aims remains an understudied topic in International
Political Economy and International Relations. The contributions to
this volume assess geo-economics as a form of power politics. They
show how power and security are no longer simply coupled to the
physical control of territory by military means, but also to
commanding and manipulating the economic binds that are decisive in
today's globalised and highly interconnected world. Indeed, as the
volume shows, the ability to wield economic power forms an
essential means in the foreign policies of major powers. In so
doing, the book challenges simplistic accounts of a return to
traditional, military-driven geopolitics, while not succumbing to
any unfounded idealism based on the supposedly stabilising effects
of interdependence on international relations. As such, it advances
our understanding of geo-economics as a strategic practice and as
an innovative and timely analytical approach. This book will be of
much interest to students of security studies, international
political economy, foreign policy and International Relations in
general.
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