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The Political Economy of Geoeconomics: Europe in a Changing World

Author : Milan Babić
Publisher : Springer Nature
Page : 218 pages
File Size : 34,39 MB
Release : 2022-10-13
Category : Political Science
ISBN : 3031019687

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This book brings together researchers from different analytical perspectives for the study of contemporary geoeconomics to create a broader and more useful catalogue of conceptual tools, empirical entry points, and case studies around the subject. The distinctive contribution this book offers is its firm rooting in International Political Economy and the hitherto under-researched geoeconomics dynamics of Europe. Many existing accounts of geoeconomics have been developed in International Relations and often reproduce some of the state-centric and static assumptions of the discipline. Recent scholarship furthermore tends to focus on the US-China rivalry, thus discounting the role of other global powers in shaping geoeconomics. As a first collective contribution to the topic in the field of International Political Economy, the book stands to become a major reference point in the field for the coming years. Interest in geoeconomics as well as in related concepts like weaponized interdependence or emerging new rivalries has been on the rise in recent years and will be one of the key research areas in the coming decade of transition and change in Europe and beyond. Chapters 1, 2 and 7 are available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.

Geo-economics and Power Politics in the 21st Century

Author : Mikael Wigell
Publisher : Routledge
Page : 276 pages
File Size : 46,46 MB
Release : 2018-07-06
Category : Political Science
ISBN : 1351172263

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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.

Europe as the Western Peninsula of Greater Eurasia

Author : Glenn Diesen
Publisher : Rowman & Littlefield
Page : 253 pages
File Size : 32,9 MB
Release : 2021-09-27
Category : Political Science
ISBN : 153816177X

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Will the increased economic connectivity across the Eurasian supercontinent transform Europe into the western peninsula of Greater Eurasia? The unipolar era entailed the US organising the two other major economic regions of the world, Europe and Asia, under US leadership. The rise of “the rest”, primarily Asia with China at the centre, has ended the unipolar era and even 500-years of Western dominance. China and Russia are leading efforts to integrate Europe and Asia into one large region. The Greater Eurasian region is constructed with three categories of economic connectivity – strategic industries built on new and disruptive technologies; physical connectivity with bimodal transportation corridors; and financial connectivity with new development banks, trading currencies and payments systems. China strives for geoeconomic leadership by replacing the US leadership position, while Russia endeavours to reposition itself from the dual periphery of Europe and Asia to the centre of a grand Eurasian geoeconomic constellation. Europe, positioned between the trans-Atlantic region and Greater Eurasia, has to adapt to the new international distribution of power to preserve its strategic autonomy.

The European Union and Global Social Change

Author : József Böröcz
Publisher : Routledge
Page : 327 pages
File Size : 28,26 MB
Release : 2009-09-10
Category : Political Science
ISBN : 1135255792

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This book examines just what the European Union is, in the context of the ongoing structural transformation of the global system. The author develops an integrated approach to global transformations, drawing on geopolitics, political geography, international relations, economics, economic and political history, political economy and macro-sociology to discuss how this supra-state organisation, that shares and pools the sovereignty of some of the wealthiest states of the modern world, makes sense. The book: Interprets the ongoing transformation of west European public authority in the context of the global geopolitical economy of competition, cooperation and conflict Examines the consequences of west European integration for the global system in a longue-durée perspective, developing a new, geopolitical dialect within world-systems analysis, sharpening some of the conceptual tools developed by its paradigm-setters. Develops a new conceptualization for the EU’s global geopolitical strategy, which the author describes this strategy as the elasticity of size Developing a deeper understanding of global social change and west European strategies of global advantage-maintenance and power-management, this book will be of interest to students and scholars of European Politics, International Politics, International Relations Theory and Globalization Studies.

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

Author : Joachim Klement
Publisher : CFA Institute Research Foundation
Page : 230 pages
File Size : 45,33 MB
Release : 2021-04-28
Category : Business & Economics
ISBN : 1952927072

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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

War by Other Means

Author : Robert D. Blackwill
Publisher : Harvard University Press
Page : 377 pages
File Size : 26,5 MB
Release : 2016-04-12
Category : Political Science
ISBN : 0674545982

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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

Political Economy of Europe

Author : Gerhard Hanappi
Publisher : Routledge
Page : 146 pages
File Size : 17,98 MB
Release : 2021-09
Category : Business & Economics
ISBN : 9781003123378

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"The development of European unification has reached a critical stage. Despite 75 years of peace, increases in welfare, and growth since World War II, there is now a growing scepticism of the European agenda from various quarters, most notably embodied in the exit of the United Kingdom from the European Union. To fully understand the dynamics at work, this book presents an introduction to the development of the political economy of Europe from 1900 to 2020. The first part of the book provides an overview of European economic and political history from 1900 to the present. It is clear from this history that Europe's population, and most notably its leaders, have been deeply influenced by ideology during this time. This sets the context for the second part of the book which takes a closer look at some major paradigms framing European dynamics: (1) the market-oriented paradigm, (2) Marx's paradigm, (3) the Fascist paradigm. In this part the essential core of each of these paradigms is presented and critiqued. In the third part, the current bottlenecks of European evolution (the migration crisis, Brexit, rise of new Fascism, the climate crisis, the COVID-19 pandemic) are investigated in the light of a possible emergence of a new scientific paradigm. Europe's role in the global division of labour - its possibility to serve as a role model for the advantages of democratically governing a highly diverse set of populations - is also explained. This book is an ideal text for students undertaking courses on the political economy of Europe in either economics or politics departments. Hardy Hanappi is ad personam chair for Political Economy at the European Commission and director of the Vienna Institute for Political Economy Research (VIPER), Austria. He is the author of South-East Europe in Evolution (Routledge 2015) and co-editor of Theory and Method of Evolutionary Political Economy (Routledge 2017) and Evolutionary Political Economy in Action (Routledge 2017)"--

The Political Economy of European Security

Author : Kaija Schilde
Publisher : Cambridge University Press
Page : 307 pages
File Size : 13,65 MB
Release : 2017-09-14
Category : Political Science
ISBN : 1107198437

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Looks at how EU political institutions in security and defense have developed through the political economy of interest group intermediation.

Active Society in a Networked World

Author : Borut Rončević
Publisher : Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften
Page : 0 pages
File Size : 28,11 MB
Release : 2022
Category : European Union countries
ISBN : 9783631883907

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"The subject of this book is the complex and controversial issues of the implementation of the EU's grand strategies, with a particular interest in the developmental success of the newest members of the European Union, the former post-socialist societies. The European Union implementation deficit has become proverbial failure, a phenomenon that is the subject of intense interest by researchers and is a concern for policymakers. While the impact of Europe 2020 has yet to be researched in greater detail, existing work is revealing substantial differences in implementation among the Member States, especially along the divisions between North and West on one hand and East and South on the other. Using the Cultural Political Economy as the theoretical background, the central focus of our interest is the study of possibilities and limitations of strategic steering of the economic development in the context of a comprehensive societal development, such as the Europe 2020 intention of achieving 'smart, inclusive and sustainable growth'"--

Transnational Capitalism and the Struggle Over European Integration

Author : Bastiaan van Apeldoorn
Publisher :
Page : 0 pages
File Size : 10,25 MB
Release : 2015-05-21
Category : Capitalism
ISBN : 9781138811867

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This book presents an analysis of the transnational social forces in the making of a new European socio-economic order that emerged out of the European integration process during the 1980s and 1990s. Arguing that the political economy of European integration must be put within the context of a changing global capitalism, Van Apeldoorn examines how European change is linked to global change and how transnational actors mediate these changes.