2009/06/23

What is economic diplomacy?

Bergeijk en Moons (2008), Economic Diplomacy and Economic Security, in C.Costa (ed.), New Forntiers of Economic Diplomacy, Lisboa discribe economic diplomacy as:

Building on the definition of Baine and Woolcock (2003, p.3) we can define the new economic diplomacy a set of activities (both regarding methods and processes for international decision making) related to cross border economic activities (export, import, investment, lending, aid, migration) pursued by state and non-state actors in the real world. Typically economic diplomacy consists of three elements:

I tend to agree with that view.

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