Instruments of a strategic foreign economic policy : study for the German Federal Foreign Office : study by IfW Kiel, Bruegel and DIW Berlin
Lead author: Dr. Katrin Kamin (IfW Kiel), contributing authors: Dr. Kerstin Bernoth (DIW), Prof. Dr. Gabriel Felbermayr (IfW Kiel), Prof. Dr. Marcel Fratzscher (DIW), Mia Hoffmann (Bruegel), Dr. Niclas Frederic Poitiers (Bruegel), Dr. Malte Rieth (DIW), Pauline Weil (Bruegel), Dr. Guntram Wolff (Bruegel), Dr. Georg Zachmann (Bruegel), assisting authors:Jacqueline Dombrowski (IfW Kiel), Dr. Sebastian Horn (IfW Kiel), Prof. Dr. Karsten Neuhoff (DIW), Prof. Dr. Alexander Sandkamp (IfW Kiel),
The separation of security and economic objectives in foreign policy, which was often sought in international political issues in the past, has outlived its usefulness. The transition to a more power-based order can be felt around the world. International economic instruments and agreements are increasingly used to achieve various foreign policy goals. These are simultaneously used to promote own political interests, sometimes to the detriment of partner countries. This "weaponized interdependence" makes it necessary for Germany and the European Union to assess their vulnerabilities and to design their own defensive and offensive strategies. The Kiel Institute for the World Economy, together with DIW Berlin and Bruegel, has produced a study on behalf of the Federal Foreign Office that addresses the objectives, instruments, and trade-offs of a strategic foreign economic policy and describes how to deal with them in the context of German and European policy making.
Year of publication: |
[2021]
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Authors: | Kamin, Katrin ; Bernoth, Kerstin ; Felbermayr, Gabriel ; Fratzscher, Marcel ; Hoffmann, Mia ; Poitiers, Niclas ; Rieth, Malte ; Weil, Pauline ; Wolff, Guntram B. ; Zachmann, Georg ; Dombrowski, Jacqueline ; Horn, Sebastian ; Neuhoff, Karsten ; Sandkamp, Alexander-Nikolai |
Institutions: | Institut für Weltwirtschaft (issuing body) ; Brussels European and Global Economic Laboratory (issuing body) ; Deutsches Institut für Wirtschaftsforschung (issuing body) |
Publisher: |
Kiel : Institute for the World Economy |
Subject: | Außenwirtschaftspolitik | Foreign economic policy | Geopolitik | Geopolitics | Industriepolitik | Industrial policy | Internationaler Wettbewerb | International competition | Leistungsbilanz | Current account | Internationales Finanzsystem | International financial system | Zahlungsbilanz | Balance of payments | Virtuelle Währung | Virtual currency | Welt | World |
Saved in:
freely available
Extent: | 1 Online-Ressource (circa 131 Seiten) Illustrationen |
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Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Graue Literatur ; Non-commercial literature |
Language: | English |
Classification: | F4 - Macroeconomic Aspects of International Trade and Finance ; F5 - International Relations and International Political Economy ; L5 - Regulation and Industrial Policy ; Q58 - Government Policy |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10012692481