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The New Economic Diplomacy - Decision-Making and Negotiation in International Economic Relations (Hardcover, 4th edition)
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The New Economic Diplomacy - Decision-Making and Negotiation in International Economic Relations (Hardcover, 4th edition)
Series: Global Governance
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The New Economic Diplomacy explains how states conduct their
external economic relations in the 21st century: how they make
decisions domestically, how they negotiate internationally and how
these processes interact. Although the previous edition, published
in 2011, was able to reflect the impact of the financial crisis and
the immediate reaction to it, a lot has happened since then, and
the atmosphere of economic diplomacy has darkened. To capture the
emergence of new trends and the intensification of old ones, the
salient features of this new edition are: The advance of China and
other emerging powers at the expense of G7 governments, despite
some setbacks; Much greater activity in negotiating regional and
plurilateral trade agreements, while the multilateral system
struggles; The persistence of problems exposed by the financial
crisis, notably the long-running euro-zone crisis. The interaction
between domestic and external forces: the balance has shifted
towards the domestic axis, with international agreement more
difficult to achieve. This edition goes further in comparing the
practice of different players, to reflect the greater diversity of
economic diplomacy. Based on the authors' work in the field of
International Political Economy, it is suitable for students
interested in the decision-making processes in foreign economic
policy, including those studying international relations,
government, politics and economics. It will also appeal to
politicians, bureaucrats, business people, NGO activists,
journalists and the informed public.
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