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dc.contributor.editorKürzdorfer, Norade
dc.contributor.editorValencia, Eduardode
dc.contributor.editorHernandez, Ariel Macaspacde
dc.date.accessioned2024-12-03T14:51:59Z
dc.date.available2024-12-03T14:51:59Z
dc.date.issued2025de
dc.identifier.urihttps://www.ssoar.info/ssoar/handle/document/98227
dc.description.abstractResponsible Economic Statecraft conceptualizes state behavior through action, reaction, and interaction: For more Responsible Action, states should strive to balance seemingly competing goals, including efficiency, security, social equality, and environmental protection. Trying to achieve one objective, for instance, economic growth, without considering its relation to others, such as resilience, undermines broader goals. Crafting "Grand Strategies" with clear objectives, synergies, and tools can help break persisting silos across related policy areas. In case of administrative constraints, external consultation with diverse stake-holders can be leveraged, bringing in interdisciplinary expertise and recommendations. For more Responsible Reaction, states will have to shift the perception that their strategies are primarily developed in response to adversaries. To this end, states should emphasize proactive, long-term policies in line with global goals and tailored to the needs of partner countries and their own. Updated communication strategies showcasing successful joint projects can further increase their appeal as potential cooperation partners. To prevent a "race to the bottom" where great power competition leads to excessive securiti-zation of economic relations, states should adapt the rules of the global economy to target specific undesirable actions rather than particular countries. For more Responsible Interaction, states should consider the potential adverse consequences the application of economic state-craft can have on other countries and across sectors. To mitigate these effects, they should establish mechanisms for forecasting, impact assessment, and adaptation in close cooperation with affected stakeholders. Providing space for different perspectives across cooperation settings and addressing internal challenges can reduce accusations of double standards where countries are criticized for not applying their stated values-including in the areas of environmental protection or human rights-consistently themselves. This can help build trust and reinforce the rules-based global order.de
dc.languageende
dc.subject.ddcWirtschaftde
dc.subject.ddcEconomicsen
dc.subject.otherGeoeconomicsde
dc.titleGlobal Perspectives on Responsible Economic Statecraftde
dc.description.reviewbegutachtet (peer reviewed)de
dc.description.reviewpeer revieweden
dc.publisher.countryDEUde
dc.publisher.cityHamburgde
dc.subject.classozVolkswirtschaftstheoriede
dc.subject.classozNational Economyen
dc.subject.thesozWirtschaftspolitikde
dc.subject.thesozeconomic policyen
dc.subject.thesozWirtschaftsethikde
dc.subject.thesozbusiness ethicsen
dc.subject.thesozVerantwortungde
dc.subject.thesozresponsibilityen
dc.subject.thesozNachhaltigkeitde
dc.subject.thesozsustainabilityen
dc.subject.thesozGlobalisierungde
dc.subject.thesozglobalizationen
dc.subject.thesozGeopolitikde
dc.subject.thesozgeopoliticsen
dc.subject.thesozWirtschaftsbeziehungende
dc.subject.thesozeconomic relationsen
dc.subject.thesozWeltwirtschaftde
dc.subject.thesozworld economyen
dc.identifier.urnurn:nbn:de:0168-ssoar-98227-2
dc.rights.licenceCreative Commons - Namensnennung, Weitergabe unter gleichen Bedingungen 4.0de
dc.rights.licenceCreative Commons - Attribution-ShareAlike 4.0en
ssoar.contributor.institutionGIGAde
internal.statusformal und inhaltlich fertig erschlossende
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dc.source.pageinfo26de
internal.identifier.classoz1090301
internal.identifier.document24
dc.rights.sherpaGrüner Verlagde
dc.rights.sherpaGreen Publisheren
dc.contributor.corporateeditorGerman Institute for Global and Area Studies (GIGA) - Leibniz-Institut für Globale und Regionale Studien
internal.identifier.corporateeditor1212
internal.identifier.ddc330
dc.description.pubstatusVeröffentlichungsversionde
dc.description.pubstatusPublished Versionen
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