Economic Diplomacy in Political Crisis

Authors

  • Татьяна Михайловна Исаченко Moscow State Institute of International Relations (University) Russian Ministry of Foreign Affairs, 76, Prospect Vernadskogo, Moscow, 119454, Russian Federation https://orcid.org/0000-0001-5051-6249

Abstract

The political crisis of 2014, triggered by local as it seemed at the initial stage, conflict between the government of Ukraine and the discontent of the population situation in the country, has grown into a global crisis and again with special urgency placed on the agenda the problem of political diplomacy as a tool of promotion of stronger partner’s interests and its intervention in the economy and politics of weaker as well as the use of economic instruments to achieve political goals. This raises the problem of the traditional and the new interpretation of the concept of economic diplomacy and its role in exacerbating or resolving political conflicts. The particular importance, this problem has taken in the light of Russia’s economic development and its place in the modern world. The lessons of modern political and economic crisis can serve as a solid foundation to prevent distructive actions of all actors involved in the conflict. Refs 18.

Keywords:

economic diplomacy, trade policy, regional trade agreements, sanctions, economic and political crisis

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Author Biography

Татьяна Михайловна Исаченко, Moscow State Institute of International Relations (University) Russian Ministry of Foreign Affairs, 76, Prospect Vernadskogo, Moscow, 119454, Russian Federation

Doctor of Economics, Professor

References

Литература на русском языке

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References in Latin Alphabet

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Translation of references in Russian into English

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Bayne N., Woolcock S., eds. Surrey Economic Diplomacy. Decision Making and Negotiations in International Economic Relations. Ashagate Publishing, 3d ed., 2011. 337 p.

Heilmann S. niche Diplomacy at Work: Germany’s Catalytic Role in European-Chinese Relations.

Sebastian Heilman — China Monitor, 2014, October 21, pp. 1–7.

Hocking B. Multistakeholder Diplomacy: Forms, Functions, and Frustrations. Eds. Jovan Kurbalija and Valentin Katrandjiev. Multistakeholder Diplomacy: Challenges and Opportunities. Malta and Geneva, DiploFoundation, 2006, pp. 13–26.

Isachenko T. Amidst sanction war with the West, can Russia leave WTO? Russia Direct, 2014, 18 August. Available at: http://www.russia-direct.org/content/amidst-sanction-war-west-can-russia-leave-wto (accessed: 29.04.2015).

Isachenko T. The Trade Policy of Russia: latest developments and main priorities. Rivista di Studi Politici Internazionali, 2013, vol. 80, no. 3, pp. 347–360.

Lee D., hocking B. Economic Diplomacy. Ed. by Robert A. Denemark. The International Studies Encyclopedia. Wiley Blackwell, vol. II, pp. 1216–1227. Available at: https://kar.kent.ac.uk/…/Lee%20&%20 hocking (accessed: 01.05.2015).

Lee D., Hudson D. The old and new significance of political economy in diplomacy. Review of International Studies, 2004, no. 30, pp. 343–360. Available at: http://discovery.ucl.ac.uk/12044/1/12044.pdf (accessed: 01.05.2015).

Metzl J. F. Network Diplomacy. Georgetown Journal of International Affairs, 2001, Winter/Spring, pp. 77–87.

Stone J. Catalytic Diplomacy: Russia, China, North Korea and Iran Paperback. Morton H. Halperin (Introduction). South Carolina, BookSurge Publishing, 2010. 424 p.

Van Bergeijk P. A. G., Okano-Heijmand M., Melissen J. Okano-heijmand Maaike, Melissen Jan Economic Diplomacy: Economic and Political Perspectives. Brill’s Journal The Hague Journal of Diplomacy, 2011, vol. 6, no. 1-2, pp. 1–218.

Published

2015-09-30

How to Cite

Исаченко, Т. М. (2015). Economic Diplomacy in Political Crisis. St Petersburg University Journal of Economic Studies, (3), 046–064. Retrieved from https://economicsjournal.spbu.ru/article/view/1594

Issue

Section

Global economy