War By Other Means Geoeconomics And Statecraft

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War by Other Means

Author : Robert D. Blackwill,Jennifer M. Harris
Publisher : Harvard University Press
Page : 376 pages
File Size : 40,8 Mb
Release : 2016-04-11
Category : Political Science
ISBN : 9780674545984

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War by Other Means by Robert D. Blackwill,Jennifer M. Harris Pdf

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.

War by Other Means

Author : Robert D. Blackwill,Jennifer M. Harris
Publisher : Harvard University Press
Page : 377 pages
File Size : 41,7 Mb
Release : 2016-04-11
Category : Business & Economics
ISBN : 9780674737211

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War by Other Means by Robert D. Blackwill,Jennifer M. Harris Pdf

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.

War by Other Means

Author : Robert D. Blackwill,Jennifer M. Harris
Publisher : Belknap Press
Page : 0 pages
File Size : 42,5 Mb
Release : 2017-10-23
Category : Political Science
ISBN : 0674979796

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War by Other Means by Robert D. Blackwill,Jennifer M. Harris Pdf

A Foreign Affairs Best Book of 2016 Today, nations increasingly carry out geopolitical combat through economic means. Policies governing everything from trade and investment to energy and exchange rates are wielded as tools to win diplomatic allies, punish adversaries, and coerce those in between. Not so in the United States, however. America still too often reaches for the gun over the purse to advance its interests abroad. The result is a playing field sharply tilting against the United States. “Geoeconomics, the use of economic instruments to advance foreign policy goals, has long been a staple of great-power politics. In this impressive policy manifesto, Blackwill and Harris argue that in recent decades, the United States has tended to neglect this form of statecraft, while China, Russia, and other illiberal states have increasingly employed it to Washington’s disadvantage.” —G. John Ikenberry, Foreign Affairs “A readable and lucid primer...The book defines the extensive topic and opens readers’ eyes to its prevalence throughout history...[Presidential] candidates who care more about protecting American interests would be wise to heed the advice of War by Other Means and take our geoeconomic toolkit more seriously. —Jordan Schneider, Weekly Standard

Economic Statecraft

Author : David A. Baldwin
Publisher : Princeton University Press
Page : 508 pages
File Size : 47,7 Mb
Release : 2020-09-22
Category : BUSINESS & ECONOMICS
ISBN : 9780691204437

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Economic Statecraft by David A. Baldwin Pdf

Introduction -- Techniques of statecraft -- What is economic statecraft? -- Thinking about economic statecraft -- Economic statecraft in international thought -- Bargaining with economic statecraft -- National power and economic statecraft -- "Classic cases" reconsidered -- Foreign trade -- Foreign aid -- The legality and morality of economic statecraft -- Conclusion -- Afterword : economic statecraft : continuity and change / Ethan B. Kapstein.

National Power and the Structure of Foreign Trade

Author : Albert O. Hirschman
Publisher : Univ of California Press
Page : 204 pages
File Size : 50,8 Mb
Release : 1980-01-01
Category : Business & Economics
ISBN : 0520040821

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National Power and the Structure of Foreign Trade by Albert O. Hirschman Pdf

Currency Statecraft

Author : Benjamin J. Cohen
Publisher : University of Chicago Press
Page : 215 pages
File Size : 50,9 Mb
Release : 2018-11-15
Category : Business & Economics
ISBN : 9780226587721

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Currency Statecraft by Benjamin J. Cohen Pdf

At any given time, a limited number of national currencies are used as instruments of international commerce, to settle foreign trade transactions or store value for investors and central banks. How countries whose currencies gain international appeal choose to use this status forms their strategy of currency statecraft. In different circumstances, issuing governments may welcome and promote the internationalization of their currency, tolerate it, or actively oppose it. Benjamin J. Cohen offers a provocative explanation of the strategic policy choices at play. In a comprehensive review that ranges from World War II to the present, Cohen convincingly argues that one goal stands out as the primary motivation for currency statecraft: the extent of a country’s geopolitical ambition, or how driven it is to build or sustain a prominent place in the international community. When a currency becomes internationalized, it generally increases the power of the nation that produces it. In the persistent contestation that characterizes global politics, that extra edge can matter greatly, making monetary rivalry an integral component of geopolitics. Today, the major example of monetary rivalry is the emerging confrontation between the US dollar and the Chinese renminbi. Cohen describes how China has vigorously promoted the international standing of its currency in recent years, even at the risk of exacerbating relations with the United States, and explains how the outcome could play a major role in shaping the broader geopolitical engagement between the two superpowers.

War by Other Means

Author : John J. Fialka
Publisher : W. W. Norton & Company
Page : 260 pages
File Size : 44,6 Mb
Release : 1999
Category : Business & Economics
ISBN : 0393318214

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War by Other Means by John J. Fialka Pdf

Fialka's incisive reporting and trenchant analysis expose an attack on the American economy so deadly as to constitute a time-lapse Pear Harbor, as he outlines the hard choices that must be made to ensure survival.

Geo-economics and Power Politics in the 21st Century

Author : Mikael Wigell,Sören Scholvin,Mika Aaltola
Publisher : Routledge
Page : 250 pages
File Size : 48,5 Mb
Release : 2018-07-06
Category : Political Science
ISBN : 9781351172264

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Geo-economics and Power Politics in the 21st Century by Mikael Wigell,Sören Scholvin,Mika Aaltola Pdf

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.

The Big Stick

Author : Eliot A. Cohen
Publisher : Basic Books
Page : 304 pages
File Size : 55,5 Mb
Release : 2017-01-03
Category : Political Science
ISBN : 9780465096572

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The Big Stick by Eliot A. Cohen Pdf

"Speak softly and carry a big stick" Theodore Roosevelt famously said in 1901, when the United States was emerging as a great power. It was the right sentiment, perhaps, in an age of imperial rivalry but today many Americans doubt the utility of their global military presence, thinking it outdated, unnecessary or even dangerous. In The Big Stick, Eliot A. Cohen-a scholar and practitioner of international relations-disagrees. He argues that hard power remains essential for American foreign policy. While acknowledging that the US must be careful about why, when, and how it uses force, he insists that its international role is as critical as ever, and armed force is vital to that role. Cohen explains that American leaders must learn to use hard power in new ways and for new circumstances. The rise of a well-armed China, Russia's conquest of Crimea and eastern Ukraine, nuclear threats from North Korea and Iran, and the spread of radical Islamist movements like ISIS are some of the key threats to global peace. If the United States relinquishes its position as a strong but prudent military power, and fails to accept its role as the guardian of a stable world order we run the risk of unleashing disorder, violence and tyranny on a scale not seen since the 1930s. The US is still, as Madeleine Albright once dubbed it, "the indispensable nation."

War by Other Means

Author : Keith Kellogg
Publisher : Simon and Schuster
Page : 222 pages
File Size : 45,5 Mb
Release : 2021-10-19
Category : Political Science
ISBN : 9781684512508

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War by Other Means by Keith Kellogg Pdf

General Keith Kellogg saw it all. The only national security advisor to work side by side with both President Trump and Vice President Pence, he was their confidant as they made their most momentous decisions. No one knows better than he that the hysterical accusations of the administration’s partisan detractors were unconnected to reality. Demolishing baseless caricatures of Donald Trump, General Kellogg provides one of the few reliable accounts of the administration from the earliest days of the 2016 campaign to the end of the president’s term. Kellogg reveals: How Trump’s “America First” policies strengthened the nation after Obama’s eight-year apology tour Why the president’s tough approach to China worked—and why future administrations must continue to take the China threat seriously How withdrawal from the Iran nuclear deal and the strike on General Soleimani slowed the spread of radical Islamist terror Why Democrats’ appeasement policies are courting disaster for America and the world The radicals attacking President Trump’s legacy are sacrificing sound policy to politics. Kellogg’s account is an urgently needed reminder that politics is “war by other means.” Our enemies never forget that, and Americans forget it to their peril.

Geo-Economics: The Interplay between Geopolitics, Economics, and Investments

Author : Joachim Klement
Publisher : CFA Institute Research Foundation
Page : 230 pages
File Size : 54,8 Mb
Release : 2021-04-28
Category : Business & Economics
ISBN : 9781952927072

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Geo-Economics: The Interplay between Geopolitics, Economics, and Investments by Joachim Klement Pdf

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

Chinese Economic Statecraft

Author : William J. Norris
Publisher : Cornell University Press
Page : 318 pages
File Size : 50,7 Mb
Release : 2016-03-01
Category : Political Science
ISBN : 9781501704024

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Chinese Economic Statecraft by William J. Norris Pdf

In Chinese Economic Statecraft, William J. Norris introduces an innovative theory that pinpoints how states employ economic tools of national power to pursue their strategic objectives. Norris shows what Chinese economic statecraft is, how it works, and why it is more or less effective. Norris provides an accessible tool kit to help us better understand important economic developments in the People’s Republic of China. He links domestic Chinese political economy with the international ramifications of China’s economic power as a tool for realizing China’s strategic foreign policy interests. He presents a novel approach to studying economic statecraft that calls attention to the central challenge of how the state is (or is not) able to control and direct the behavior of economic actors. Norris identifies key causes of Chinese state control through tightly structured, substate and crossnational comparisons of business-government relations. These cases range across three important arenas of China’s grand strategy that prominently feature a strategic role for economics: China’s efforts to secure access to vital raw materials located abroad, Mainland relations toward Taiwan, and China’s sovereign wealth funds. Norris spent more than two years conducting field research in China and Taiwan during which he interviewed current and former government officials, academics, bankers, journalists, advisors, lawyers, and businesspeople. The ideas in this book are applicable beyond China and help us to understand how states exercise international economic power in the twenty-first century.

The Pragmatic Superpower: Winning the Cold War in the Middle East

Author : Ray Takeyh,Steven Simon
Publisher : W. W. Norton & Company
Page : 320 pages
File Size : 49,5 Mb
Release : 2016-04-18
Category : Political Science
ISBN : 9780393285567

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The Pragmatic Superpower: Winning the Cold War in the Middle East by Ray Takeyh,Steven Simon Pdf

A bold reexamination of U.S. influence in the Middle East during the Cold War. The Arab Spring, Iran’s nuclear ambitions, the Iraq war, and the Syrian civil war—these contemporary conflicts have deep roots in the Middle East’s postwar emergence from colonialism. In The Pragmatic Superpower, foreign policy experts Ray Takeyh and Steven Simon reframe the legacy of U.S. involvement in the Arab world from 1945 to 1991 and shed new light on the makings of the contemporary Middle East. Cutting against conventional wisdom, the authors argue that, when an inexperienced Washington entered the turbulent world of Middle Eastern politics, it succeeded through hardheaded pragmatism—and secured its place as a global superpower. Eyes ever on its global conflict with the Soviet Union, America shrewdly navigated the rise of Arab nationalism, the founding of Israel, and seminal conflicts including the Suez War and the Iranian revolution. Takeyh and Simon reveal that America’s objectives in the region were often uncomplicated but hardly modest. Washington deployed adroit diplomacy to prevent Soviet infiltration of the region, preserve access to its considerable petroleum resources, and resolve the conflict between a Jewish homeland and the Arab states that opposed it. The Pragmatic Superpower provides fascinating insight into Washington’s maneuvers in a contest for global power and offers a unique reassessment of America’s cold war policies in a critical region of the world. Amid the chaotic conditions of the twenty-first century, Takeyh and Simon argue that there is an urgent need to look back to a period when the United States got it right. Only then will we better understand the challenges we face today.

Endangered American Dream

Author : Edward N. Luttwak
Publisher : Simon and Schuster
Page : 372 pages
File Size : 45,9 Mb
Release : 2010-05-11
Category : History
ISBN : 9781439130360

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Endangered American Dream by Edward N. Luttwak Pdf

One of America's most thoughtful and provocative strategists exposes the economic and cultural assumptions that have driven the U.S. to the brink of social and financial collapse. Edward Luttwak reveals a forceful new policy that can reverse America's decline.

JFK and the Reagan Revolution

Author : Lawrence Kudlow,Brian Domitrovic
Publisher : Penguin
Page : 304 pages
File Size : 40,8 Mb
Release : 2016-09-06
Category : Business & Economics
ISBN : 9780698162839

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JFK and the Reagan Revolution by Lawrence Kudlow,Brian Domitrovic Pdf

The fascinating, suppressed history of how JFK pioneered supply-side economics. John F. Kennedy was the first president since the 1920s to slash tax rates across-the-board, becoming one of the earliest supply-siders. Sadly, today’s Democrats have ignored JFK’s tax-cut legacy and have opted instead for an anti-growth, tax-hiking redistribution program, undermining America’s economy. One person who followed JFK’s tax-cut growth model was Ronald Reagan. This is the never-before-told story of the link between JFK and Ronald Reagan. This is the secret history of American prosperity. JFK realized that high taxes that punished success and fanned class warfare harmed the economy. In the 1950s, when high tax rates prevailed, America endured recessions every two or three years and the ranks of the unemployed swelled. Only in the 1960s did an uninterrupted boom at a high rate of growth (averaging 5 percent per year) drive a tremendous increase in jobs for the long term. The difference was Kennedy’s economic policy, particularly his push for sweeping tax-rate cuts. Kennedy was so successful in the ’60s that he directly inspired Ronald Reagan’s tax cut revolution in the 1980s, which rejuvenated the economy and gave us another boom that lasted for two decades. Lawrence Kudlow and Brian Domitrovic reveal the secret history of American prosperity by exploring the little-known battles within the Kennedy administration. They show why JFK rejected the advice of his Keynesian advisors, turning instead to the ideas proposed by the non-Keynesians on his team of rivals. We meet a fascinating cast of characters, especially Treasury Secretary Douglas Dillon, a Republican. Dillon’s opponents, such as liberal economists Paul Samuelson, James Tobin, and Walter Heller, fought to maintain the high tax rates—including an astonishing 91% top rate—that were smothering the economy. In a wrenching struggle for the mind of the president, Dillon convinced JFK of the long-term dangers of nosebleed income-tax rates, big spending, and loose money. Ultimately, JFK chose Dillon’s tax cuts and sound-dollar policies and rejected Samuelson and Heller. In response to Kennedy’s revolutionary tax cut, the economy soared. But as the 1960s wore on, the departed president’s priorities were undone by the government-expanding and tax-hiking mistakes of Presidents Johnson, Nixon, Ford, and Carter. The resulting recessions and the “stagflation” of the 1970s took the nation off its natural course of growth and prosperity-- until JFK’s true heirs returned to the White House in the Reagan era. Kudlow and Domitrovic make a convincing case that the solutions needed to solve the long economic stagnation of the early twenty-first century are once again the free-market principles of limited government, low tax rates, and a strong dollar. We simply need to embrace the bipartisan wisdom of two great presidents, unleash prosperity, and recover the greatness of America.