Geo-economics and Power Politics in the 21st Century PDF Download

Author: Mikael Wigell
Publisher: Routledge
ISBN: 1351172263
Category : Political Science
Languages : en
Pages : 250

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Book Description
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.

Author: Joachim Klement
Publisher: CFA Institute Research Foundation
ISBN: 1952927072
Category : Business & Economics
Languages : en
Pages : 230

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Book Description
Today’s investors need to understand geopolitical trends as a main driving force of markets. This book provides just that: an understanding of the interplay between geopolitics and economics, and of the impact of that dynamic on financial markets. To me, geo-economics is the study of how geopolitics and economics interact in international relations. Plenty of books on geopolitics have been written by eminent experts in politics and international affairs. This book is not one of them. First, I am neither a political scientist nor an expert in international affairs. I am an economist and an investment strategist who has been fascinated by geopolitics for many years. And this fascination has led me to the realization that almost all books and articles written on geopolitics are useless for investors. Political scientists are not trained to think like investors, and they are not typically trained in quantitative methods. Instead, they engage in developing narratives for geopolitical events and processes that pose risks and opportunities for investors. My main problem with these narratives is that they usually do not pass the “so what?” test. Geopolitical risks are important, but how am I to assess which risks are important for my portfolio and which ones are simply noise? Because geopolitics experts focus on politics, they do not provide an answer to this crucial question for investors. What could be important for a geopolitics expert and for global politics could be totally irrelevant for investors. For example, the US wars in Iraq and Afghanistan have been going on for almost two decades now and have been an important influence on the political discussion in the United States. But for investors, the war in Afghanistan was a total nonevent, and the war in Iraq had only a fleeting influence, when it started in 2003. Geopolitics experts cannot answer the question of which geopolitical events matter for investors and which do not. Unfortunately, some experts thus claim that all geopolitical risks matter and that these risks cannot be quantified but only assessed qualitatively. Nothing could be further from the truth. In the chapters that follow, I discuss geopolitical and geo-economic events from the viewpoint of an investor and show that they can be quantified and introduced as part of a traditional risk management process. I do this in two parts. The first part of this book focuses on geopolitics that matters to investors. It reviews the literature on a range of geopolitical events and shows which events have a material economic effect and which do not. The second part of this book puts the insights from those first chapters into practice by applying them to current geopolitical trends. In this second part, I stick my head out and examine the impact the geopolitical trends have on the economy and financial markets today and their likely development in the coming years. —Joachim Klement, CFA

Author: Robert D. Blackwill
Publisher: Harvard University Press
ISBN: 0674545982
Category : Political Science
Languages : en
Pages : 376

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Book Description
Nations carry out geopolitical combat through economic means. Yet America often reaches for the gun over the purse to advance its interests abroad. Robert Blackwill and Jennifer Harris show that if U.S. policies are left uncorrected, the price in blood and treasure will only grow. Geoeconomic warfare requires a new vision of U.S. statecraft.

Author: James A. Fok
Publisher: John Wiley & Sons
ISBN: 1119862760
Category : Political Science
Languages : en
Pages : 519

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Book Description
A groundbreaking exploration of US-China relations as seen through the lens of international finance Rising tensions between China and the United States have kept the financial markets on edge as a showdown between the world’s two largest economies seems inevitable. But what most people fail to recognise is the major impact that the financial markets themselves have had on the creation and acceleration of the conflict. In Financial Cold War: A View of Sino-US Relations from the Financial Markets, market structure and geopolitical finance expert James Fok explores the nuances of China-US relations from the perspective of the financial markets. The book helps readers understand how imbalances in the structure of global financial markets have singularly contributed to frictions between the two countries. In this book, readers will find: A comprehensive examination of the development of financial markets in both China and the US, as well as the current US dollar-based global financial system Insightful observations of the roles of technology, innovation, regulation, taxation, and politics in the markets, and on their resulting effect on US-Sino relations Thorough explorations of the role of Hong Kong as an intermediary for capital flows between China and the rest of the world Suggestions for how, balancing the many varying interests, policymakers might be able to devise effective strategies for de-escalating current Sino-US tensions Financial Cold War is a can’t-miss resource for anyone personally or professionally interested in the intersection of economics and international relations, financial markets, and the infrastructure underlying the international financial system.

Author: C. Dale Walton
Publisher: Routledge
ISBN: 113424455X
Category : History
Languages : en
Pages : 160

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Book Description
This book argues that in the twenty-first century Eastern Eurasia will replace Europe as the theatre of decision in international affairs, and that this new geographic and cultural context will have a strong influence on the future of world affairs. For half a millennium, the great powers have practised what might be called ‘world politics’, yet during that time Europe, and small portions of the Near East and North Africa strategically vital to Europe, were the ‘centres of gravity’ in international politics. This book argues that the ‘unipolar moment’ of the post-Cold War era will not be replaced by a US-China ‘Cold War’, but rather by a long period of multipolarity in the twenty-first century. Examining the policy goals and possible military-political strategies of several powers, this study explains how Washington may play a key role in eastern Eurasian affairs if it can learn to operate in a very different political context. Dale Walton also considers the rapid pace of technological change and how it will impact on great power politics. Considering India, China, the US, Russia, Japan, and other countries as part of a multipolar system, he addresses the central questions that will drive US policy in the coming decades. Geopolitics and the Great Powers in the 21st Century will be of interest to students of international security, military history, geopolitics, and international relations.

Author: Glenn Diesen
Publisher: Bloomsbury Publishing
ISBN: 0755607023
Category : Political Science
Languages : en
Pages : 273

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Book Description
Why and how will the fourth industrial revolution impact great power politics? Here, Glenn Diesen utilizes a neoclassical approach to great power politics to assess how far the development of AI, national and localized technological ecosystems and cyber-warfare will affect great power politics in the next century. The reliance of modern economies on technological advances, Diesen argues, also compels states to intervene radically in economics and the lives of citizens, as automation radically alters the economies of tomorrow. A groundbreaking attempt to contextualize the fourth industrial revolution, and analyse its effects on politics and international relations.

Author: Francis Sempa
Publisher: Routledge
ISBN: 1351517686
Category : Political Science
Languages : en
Pages : 131

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Book Description
Writers, observers, and practitioners of international politics frequently invoke the term "geopolitics" to describe, explain, or analyze specific foreign policy issues and problems. Such generalized usage ignores the fact that geopolitics as a method of understanding international relations has a history that includes a common vocabulary, well-established if sometimes conflicting concepts, an extensive body of thought, and a recognized group of theorists and scholars. In Geopolitics, Francis P. Sempa presents a history of geopolitical thought and applies its classical analyses to Cold War and post-Cold War international relations. While mindful of the impact of such concepts as "globalization" and the "information revolution" on our understanding of contemporary events, Sempa emphasizes traditional geopolitical theories in explaining the outcome of the Cold War. He shows that, the struggle between the Western allies and the Soviet empire was unique in its ideological component and nuclear standoff, the Cold War fits into a recurring geopolitical pattern. It can be seen as a consequence of competition between land powers and sea powers, and between a potential Eurasian hegemonic power and a coalition of states opposed to that would-be hegemony. The collapse of the Soviet empire ended the most recent threat to global stability. Acting as a successor to the British Empire, the United States organized, funded, and led a grand coalition that successfully countered the Soviet quest for domination. No power or alliance posed an immediate threat to the global balance of power. Indeed, the end of the Cold War generated hopes for a "new world order" and predictions that economics would replace geopolitics as the driving force in international politics. Russian instability, the nuclear dimension of the India-Pakistan conflict, and Chinese bids for dominance have turned the Asia-Pacific region into what Mahan called "debatable and debated ground." Russi

Author: Christian Pfeiffer
Publisher: Taylor & Francis
ISBN: 100099256X
Category : Political Science
Languages : en
Pages : 216

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Book Description
This book provides a comprehensive and systematic analysis of the concept of geoeconomics in International Relations (IR). It offers an accessible overview of the most important approaches, including their history, means and ends, methodology, ideological underpinnings, normative aspects, and practical relevance. Exploring the forgotten history of geoeconomics, and revealing its different meanings and usages over time, the author clearly differentiates geoeconomics from geopolitics on a conceptual level. This thorough examination of contemporary conceptions identifies shortcomings in the current understanding of geoeconomics and proposes a reconceptualization of the concept within a neoliberal framework, increasing its empirical usefulness and analytical value. By contrasting neoliberal geoeconomics with neorealist geoeconomics, the book highlights the normative implications of both approaches, providing policy analysts and makers with valuable insights into the topic. This volume will be an important reference guide for understanding the concept of geoeconomics and a must-read for students and researchers of international relations, international political economy, economics, and political science, as well as professionals, such as policymakers and politicians.

Author: Stephen F. Szabo
Publisher: Bloomsbury Publishing
ISBN: 1472596331
Category : Political Science
Languages : en
Pages : 201

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This book is available as open access through the Bloomsbury Open Access programme and is available on www.bloomsburycollections.com. Having emerged from the end of the Cold War as a unified country, Germany has quickly become the second largest exporter in the world. Its economic might has made it the center of the Eurozone and the pivotal power of Europe. Like other geo-economic powers, Germany's foreign policy is characterized by a definition of the national interest in economic terms and the elevation of economic interests over non-economic values such as human rights or democracy promotion. This strategic paradigm is evident in German's relationship with China, the Gulf States and Europe, but it is most important in regard to its evolving policies towards Russia. In this book, Stephen F. Szabo provides a description and analysis of German policy towards Russia, revealing how unified Germany is finding its global role in which its interests do not always coincide with the United States or its European partners. He explores the role of German business and finance in the shaping of foreign policy and investigates how Germany's Russia policy effects its broader foreign policy in the region and at how it is perceived by key outside players such as the United States, Poland and the EU. With reference to public, opinion, the media and think tanks Szabo reveals how Germans perceive Russians, and he uncovers the ways in which its dealings with Russia affect Germany in terms of the importing of corruption and crime. Drawing on interviews with key opinion-shapers, business and financial players and policy makers and on a wide variety of public opinion surveys, media reports and archival sources, his will be a key resource for all those wishing to understand the new geo-economic balance of Europe.

Author: Aharon Klieman
Publisher: Springer
ISBN: 3319162896
Category : Political Science
Languages : en
Pages : 264

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Book Description
This book presents the theoretical-historical-comparative political framework needed to fully grasp the truly dynamic nature of 21st century global affairs. The author provides a realistic assessment of the shift from U.S predominance to a new mix of counterbalancing rival middle-tier and assertive regional powers, while highlighting those geopolitical zones of contention most critical for future international stability. The book will appeal to scholars and policy makers interested in understanding the contours of the emerging world order, and in identifying its principal shapers and leading political actors.