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ID:   144031


Lost art of economic statecraft : restoring an American tradition / Blackwill, Robert D; Harris, Jennifer M   Article
Blackwill, Robert D Article
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Summary/Abstract Despite boasting the most powerful economy on earth [1], the United States too often reaches for the gun instead of the purse in its foreign policy. The country has hardly outgrown its need for military force [2], but over the past several decades, it has increasingly forgotten a tradition that stretches back to the nation’s founding: the use of economic instruments[3] to accomplish geopolitical objectives, a practice we term “geoeconomics.”
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