Concept information
Preferred term
economic statecraft
Definition
- Economic statecraft is the use of economic means to pursue foreign policy goals. Foreign aid, trade, and policies governing the international flow of capital can be used as foreign policy tools and are considered the most common forms of economic statecraft. [Source: International Encyclopedia of Political Science; Economic Statecraft]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/economic_statecraft
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