Dergiler / Uluslararası Sosyal Bilimler ve Eğitim Dergisi / 2026 / Cilt: 4 Sayı: 6

Economic Diplomacy and International Trade

Giga Abuseridze(Riga Stradins University)0000-0003-2868-8719
Janis Grasis(Riga Stradins University)0000-0002-1394-9958
Emilia Alaverdov(Georgian Technical University)0000-0003-3282-172X
Nına Linde(The Institute of Economics of Latvian Academy of Sciences)0000-0002-1602-4926
Sayfa
11–22
Yayın Tarihi
2022-04-01
DOI
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⚡ TL;DR(1 Cümlede Hızlı Çıkarım)

It is concluded that successful economic diplomacy should be grounded on a rules-based multilateral system, norms, and standards, broader foreign policy aims, bilateral and multilateral agreements, greater transparency, as well as a pluralistic approach to global rules to strengthen the multilateral trade system.

📌 3 Maddede Bu Makale

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Amaç & Hipotez:In the following paper economic diplomacy and international trade are analyzed.
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Temel Bulgular & Veri:The authors examine the basic components of economic diplomacy, its tools, objectives, and strategy.
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Sonuç & Katkı:It is concluded that successful economic diplomacy should be grounded on a rules-based multilateral system, norms, and standards, broader foreign policy aims, bilateral and multilateral agreements, greater transparency, as well as a pluralistic approach to global rules to strengthen the multilateral trade system.
🔬Tür:Araştırma Makalesi
📍Kapsam:Genişletilmiş Akademik Örneklem
⚙️Değişkenler:European Union · General Agreement on Tariffs and Trade · Organization for Economic Cooperation and Development

Özet

In the following paper economic diplomacy and international trade are analyzed. The authors examine the basic components of economic diplomacy, its tools, objectives, and strategy. The article also overviews the transformation of the international trade agenda and the impact of globalization on trade policy. Multilateral initiatives in the framework of the WTO, free trade, and open market are viewed as drivers in the long run. However, against the backdrop of globalization and pandemic, economic diplomacy remains a challenge. The authors suggest the WTO elaborate agenda and start procedural actions that would set the countries' economic, trade, and investment policies in alignment with their foreign and domestic policies to address the backlash against all-embracing globalization. It is concluded that successful economic diplomacy should be grounded on a rules-based multilateral system, norms, and standards, broader foreign policy aims, bilateral and multilateral agreements, greater transparency, as well as a pluralistic approach to global rules to strengthen the multilateral trade system.

Abstract

In the following paper economic diplomacy and international trade are analyzed. The authors examine the basic components of economic diplomacy, its tools, objectives, and strategy. The article also overviews the transformation of the international trade agenda and the impact of globalization on trade policy. Multilateral initiatives in the framework of the WTO, free trade, and open market are viewed as drivers in the long run. However, against the backdrop of globalization and pandemic, economic diplomacy remains a challenge. The authors suggest the WTO elaborate agenda and start procedural actions that would set the countries' economic, trade, and investment policies in alignment with their foreign and domestic policies to address the backlash against all-embracing globalization. It is concluded that successful economic diplomacy should be grounded on a rules-based multilateral system, norms, and standards, broader foreign policy aims, bilateral and multilateral agreements, greater transparency, as well as a pluralistic approach to global rules to strengthen the multilateral trade system.

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Bu Makaleye Atıf Yap

Abuseridze, G., Paliani-dittrich, I., Grasis, J., Alaverdov, E., Linde, N. (2022). Economic Diplomacy and International Trade. Uluslararası Sosyal Bilimler ve Eğitim Dergisi, Cilt: 4 Sayı: 6, 11–22. https://ajindex.com/articles/1571551

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Kaynakça (11)

  1. Abuseridze, G. (2020). Political Stability and Trade Agreements. Bulletin of the Georgian National Academy of Sciences.
  2. Berridge, G. R., and James, A. (2003). Dictionary of Diplomacy. 2nd edition. Basingstoke: Palgrave-Macmillan.
  3. Berger, M.S., Plas, E. van der., Huygens, C., Akrimi, N., Schneider, C. (2008). Bridge the Gap, or Mind the Gap? Culture in Western-Arab Relations. Netherlands Institute of International Relations.
  4. Bouyala Imbert, F. (2017). EU Economic Diplomacy Strategy. DG Expro. Published under https://www.europarl.europa.eu/RegData/etudes/IDAN/2017/570483/EXPO_IDA(2017)570483_EN.pdf. Last accessed 5.12.2021.
  5. Cooper, A. F., Heine, J., and Thakur, R. (2013). The Oxford Handbook of Modern Diplomacy. Oxford University Press.
  6. Donna, L., and Hocking, B. (2010). Economic Diplomacy. In: The International Studies Encyclopedia. Wiley-Blackwell, Chichester.
  7. Konstantinou, M., Kerr, P., and Sharp, P. (2016). The SAGE Handbook of Diplomacy. SAGE Publications.
  8. Krugman, P. R. (1979). Increasing Returns, Monopolistic Competition, and International Trade. Journal of International Economics, 9 (4).
  9. Masters, J. (2019). What Are Economic Sanctions?. Council on Foreign Relations.
  10. Rana, K. (2002). Inside Diplomacy. Manas Publications.
  11. Saner, R. and Yiu, L. (2003). International Economic Diplomacy: Mutations and Post-Modern Times. Netherlands Institute of International Relationship ‘Clingendael’, ISSN 1569-2981.