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Power Shift: Economic Realism and Economic Diplomacy on the Rise

  • Maaike Okano-Heijmans
  • Maaike Okano-Heijmans
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Part of the Global Power Shift book series (GLOBAL)

Abstract

Latecomer countries – including Asian, post-colonial and transition states – are strengthening their role and influence in global politics and economics in a system that has long been dominated by Western countries. Confronted with the visco of global governance and international political and financial institutions, the governments of these emerging countries primarily use economic tools and commercial relations to strengthen their position. This makes for paradoxical responses of established powers, with European ‘old money’ being haughty against and at the same time afraid of Asian ‘new money’ that is pouring in to save several European countries from bankruptcy. The unfolding reality raises important but complex questions about the role that economic factors play in the way power is conceived by governments of both industrialized and emerging countries, and how economic power is projected and exercised on the international stage.

Keywords

International Relation Chinese Government Economic Power Economic Realism Economic Dimension 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin Heidelberg 2012

Authors and Affiliations

  • Maaike Okano-Heijmans
    • 1
    • 2
  • Maaike Okano-Heijmans
    • 2
  1. 1.Netherlands Institute of International RelationsClingendaelThe Hague
  2. 2.Asia-Pacific College of Diplomacy (APCD)Australian National UniversityActonAustralia

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