Geoeconomics Is Transforming Foreign Policy
In today’s geopolitical landscape, economics has become the driving force of foreign policy, with trade and commerce replacing traditional diplomacy as key instruments of statecraft.
This shift is exemplified by the US-China trade war and countries like India recalibrating their strategies to align with shifting economic and strategic imperatives.
Markets are now the theatre of foreign policy, where economic tools are increasingly being used to drive foreign policy strategies.
Trade and commerce are becoming the new language of statecraft and diplomacy.
Markets are now the theatre of foreign policy, where economic tools are increasingly being used to drive foreign policy strategies.
Author summary: Economics drives foreign policy now.