The New Economic Diplomacy
The New Economic Diplomacy explains how states conduct their external economic relations in the 21st century: how they make decisions domestically; how they negotiate internationally; and how these processes interact. It documents the transformation of economic diplomacy in the 1990s and early 2000s in response to the end of the Cold War, the advance of globalization and the growing influence of non-state actors such as private business and civil society. Fully updated, the second edition reflects the impact of the campaign against terrorism, the war in Iraq and the rise of major developing countries like China and India.
Based on the authors' work in the field of international political economy, it is suitable for students interested in the decision making processes in foreign economic policy including those studying international relations, government, politics and economics but will also appeal to politicians, bureaucrats, business people, NGO activists, journalists and the informed public.
'This book succeeds in its purpose and has few competitors. It concentrates on explaining states' economic diplomacy in depth. Lucidly written, it combines analytical chapters written by academics with case studies conveying practitioners' insights from experience. The coverage of economic issues is comprehensive and up to date. I want a copy on my shelf and many others will benefit from it as well.'
John Odell, University of Southern California
'We lack insightful analyses of the structures and processes of diplomacy in an international environment marked by complex patterns of change at national, regional and global levels. The second edition of Bayne and Woolcock's valuable volume helps to fill this gap in what is an increasingly significant area of diplomatic interaction. Its value is enhanced by combining contributions from both practitioners and academics.'
Brian Hocking, Loughborough University
'How we and our children and grandchildren will live, and how well, depends on how well we manage the challenges of globalization. Bayne and Woolcock's valuable new edition of their standard work enhances our understanding of "the new economic diplomacy ". Clearly written and comprehensive, and drawing on the wisdom of both academics and practitioners, this volume will appeal to many audiences, from beginning students to the most seasoned observers and policy-makers.'
Robert D. Putnam, Harvard University