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2. UK Economic Diplomacy in the 21st Century: The LSE Economic Diplomacy Commission Final Report
- Author:
- LSE Economic Diplomacy Commission
- Publication Date:
- 02-2021
- Content Type:
- Special Report
- Institution:
- LSE IDEAS
- Abstract:
- The LSE Economic Diplomacy Commission was convened in 2019 to establish a strategic direction for a new age of foreign economic policy, to understand the domestic ramifications of changes to the UK’s trade agenda, and to present recommendations that may best advance the UK’s priorities at home and abroad. The aim of the Report is to position the UK optimally in a changed 21st century global economy while maintaining the UK’s support for an open, multilateral trade and rules-based international system. The Report proposes a refined economic diplomacy framework that seeks to balance commercial openness with strategic domestic and foreign policy aims, broadly defined.
- Topic:
- Foreign Policy, Diplomacy, Economics, and Trade
- Political Geography:
- United Kingdom and Europe
3. Changing Dynamics of Pak-US Relations and the Challenge of Soft Power
- Author:
- Moonis Ahmar
- Publication Date:
- 05-2021
- Content Type:
- Special Report
- Institution:
- LSE IDEAS
- Abstract:
- There is a history of ups and downs in Pak-US relations since early 1950s till today. From the period of alliances to ostensible hostility and indifference, the changing dynamics of Pak-US relations must be analysed from a pragmatic point of view where power, national interests, security and sovereignty matter. Furthermore, mistrust, suspicions, ill-will and paranoia still influence the political, security, economic and power dynamics of relations between Pakistan and the United States. This research follows the theory of soft power due to two main reasons. First, instead of being a ‘patron-client’ relationship, PakUS relations could be transformed by focusing on diplomacy, trade and technology instead of threats and coercion. Second, President Obama’s policy of ‘do more’ for Pakistan in combating terrorism in Afghanistan proved to be counterproductive as anti-Americanism surged in Pakistan. Overcoming the bitterness of the past in Pak-US relations will be a major challenge to the Biden-Harris administration. Moving forward in Pak-US relations will require political will, determination, prudence and trust from both sides. It is up to the leadership from both countries to foster trust and take confidence building measures which can transform their relations from patron-client to partners in progress. Shift from geopolitics to geoeconomics will ensure a win-win situation for both sides in the years to come.
- Topic:
- Economics, Violent Extremism, Democracy, Geopolitics, and Soft Power
- Political Geography:
- Pakistan, South Asia, North America, and United States of America
4. The Dragon Lands in Belgrade: The Drivers of Sino-Serbian Partnership
- Author:
- Vuk Vuksanovic
- Publication Date:
- 07-2021
- Content Type:
- Special Report
- Institution:
- LSE IDEAS
- Abstract:
- In recent years, the partnership between Serbia and China has been elevated to a historically unprecedented level. This partnership manifests itself through Chinese economic statecraft, technological partnership, security partnership, with political ties reaching an unprecedented degree during the COVID-19 pandemic. However, as Vuk Vuksanovic examines, the future of this partnership will be dependent on the trajectory of China’s relationship with the West. As US-China relations are becoming adversarial, and as China’s relations with the EU are shaken, it will become increasingly difficult and risky for Belgrade to maintain its ties with Beijing. From ‘vaccine diplomacy’ to ‘debt-trap diplomacy’, this Strategic Update examines the Sino-Serbian partnership we are witnessing and what the future has in store for Serbian policymakers.
- Topic:
- Security, Foreign Policy, Economics, Partnerships, and COVID-19
- Political Geography:
- China, Asia, and Serbia
5. How Can America Challenge China's Political Ambitions in an Age of Deglobalisation?
- Author:
- Dimitri Zabelin
- Publication Date:
- 09-2021
- Content Type:
- Working Paper
- Institution:
- LSE IDEAS
- Abstract:
- COVID-19 has accelerated the trend of deglobalisation and further entrenched China into the growing political and economic fort of Asia. This has made the US less effective at implementing policies aimed at curbing Beijing’s political ambitions and strength in the region. Washington must therefore make itself indispensable in Asia and employ strategies for bringing China into a global network that can collectively reign in the Asian giant’s growing influence.
- Topic:
- Economics, Politics, Strategic Competition, and COVID-19
- Political Geography:
- China, Asia, North America, and United States of America
6. China in One Country: interdependence or globalisation 'with Chinese characteristics'?
- Author:
- George Magnus
- Publication Date:
- 07-2020
- Content Type:
- Working Paper
- Institution:
- LSE IDEAS
- Abstract:
- Globalisation has faltered, and faces significant political challenges. In both the US and China, voices are calling for a reduction of economic interdependence between the two countries. In the US, this has taken the name of decoupling, in China, self-reliance. At the same time, China’s President, Xi Jinping has vocally championed globalisation in various global fora in recent years. Understanding of China’s systems of government and business, as well as its global interests, is lacking when compared to that of the US. In this Strategic Update, George Magnus investigates what is meant when China’s leadership speaks of globalisation, and what the implications of the answer are for the rest of the world.
- Topic:
- Foreign Policy, Economics, Globalization, and Leadership
- Political Geography:
- China, Asia, and United States of America
7. All Hands on Deck: the Crisis in the Eastern Mediterranean and the Need for US Leadership
- Author:
- Alexandros Zachariades
- Publication Date:
- 10-2020
- Content Type:
- Working Paper
- Institution:
- LSE IDEAS
- Abstract:
- Crisis has returned to the Eastern Mediterranean where Greek and Turkish economic interests, legal claims, and armed forces are squaring off. In this Strategic Update, Alexandros Zachariades explores how the two NATO powers arrived at the current confrontation, how the contest intersects with issues ranging from China to Libya, and how the international community can resolve the tension.
- Topic:
- International Relations, Foreign Policy, NATO, Economics, and Leadership
- Political Geography:
- China, Turkey, Greece, Libya, United States of America, and Mediterranean
8. Britain's No-Deal Debacle? The Costs at Home and Likely Setbacks Abroad
- Author:
- John Ryan
- Publication Date:
- 10-2020
- Content Type:
- Working Paper
- Institution:
- LSE IDEAS
- Abstract:
- For much of the past four years, and increasingly in the past few months, the United Kingdom has drifted in the direction of a No-Deal Brexit. In this Strategic Update, John Ryan explores the economic and political consequences for the United Kingdom of such a situation, as well as the domestic factors in Ireland and the United States that may provide unanticipated problems for the Johnson government.
- Topic:
- Economics, Government, Politics, Brexit, and Trade
- Political Geography:
- Britain, United Kingdom, Europe, Ireland, and United States of America