Conceptualizing regional powers’ geoeconomic strategies: neo-imperialism, neo-mercantilism, hegemony, and liberal institutionalism

Wigell, Mikael

doi:10.1007/s10308-015-0442-x

Cited by 70 publications

(49 citation statements)

References 40 publications

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“…At some stage, with the worsening external investment climate, global economic growth can take the form of a «closed circle» where the economy and geopolitics will only stimulate each other. In doing so, the geo-economic vision creates new concepts of neo-imperialism, neo-mercantilism, hegemony and liberal institutionalism, and small and weak states will have to make painful decisions to secure investment for sustainable growth and strategic independence [20].…”

Section: Resultsmentioning

confidence: 99%

Geoeconomic Strategies in the Modern Global Economic Space

Gaiduchok

2019

EUREKA: Social and Humanities

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In today's context, it is considered that with the reduction of the risk of military intervention, military security has come to the forefront and economic security has become a priority for the national interests of the country. As regional forces seek to expand markets, provide access to finance and the latest technologies, economic security has become a necessary component of regional forces' ability to spread their influence. The article is devoted to the study of national security and its relation to the functioning and formation of the geo-economic strategy in the conditions of globalization of the world, taking into account the national interests of countries. Each stage of the realization of the national interests of the country has its own assessment of its geopolitical, geostrategic and geoeconomic status, security threats and main carriers of these threats, mechanism of realization of national interests, resources, used for the purposes of such realization. Each of the stages provide its own assessment of the main definitions and categories of security, the main directions of geo-economic policy. The complex of current global mechanisms, aimed at ensuring the economic security of states from external threats, is investigated. The importance of forming the protective instruments of Ukraine's foreign economic policy is considered. The emphasis is placed on economic security, which is the foundation and material foundation of national security. The special place of economic security in the structure of national security is due to the fact that almost no type of security can be sufficiently implemented without economic security.

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Section: Resultsmentioning

confidence: 99%

Geoeconomic Strategies in the Modern Global Economic Space

Gaiduchok

2019

EUREKA: Social and Humanities

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“…By doing so, the HSR offensive may go beyond economic goals and also serve strategic foreign policy goals. Through presenting itself as a responsible regional power providing much-needed public goods (railways) and creating a climate of friendship, HSR diplomacy can -as suggested by Wigell (2016) -widen the scope for broader regional cooperation and alliance building. The extent to which this happens and becomes economic statecraft depends on whether it is possible to mitigate the fragmented authority and ensure policy coherence across the involved state agencies, SOEs and policy banks (Norris 2016).…”

Section: High-speed Rail: Sectoral Dynamicsmentioning

confidence: 99%

Drivers of China’s Regional Infrastructure Diplomacy: The Case of the Sino-Thai Railway Project

Lauridsen

2019

Journal of Contemporary Asia

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The land-based Silk Road Economic Belt, as a part of China's Belt and Road Initiative, has become central for the country's economic diplomacy since 2013. As part of these initiatives, Chinese authorities have been keen to expand their high-speed railways across the country's border into neighbouring countries. Thailand has been one of the frontrunners in negotiating high-speed railway projects with China. This article seeks to answer the following questions: what are the driving forces behind the land-based Silk Road Belt; what are the rationales behind Sino-Thai rail project; and how can the process and outcome of Sino-Thai negotiations be understood? These questions reflect on whether we are witnessing Chinese economic diplomacy to advance commercial and wider economic goals or Chinese economic statecraft to serve foreign policy objectives. Overall, after examining the evidence, the article argues that Silk Road Economic Belt diplomacy, and the Sino-Thai rail project all are driven predominantly by economic motivations.

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“…Geo-economic strategy is an important way for large countries to shape regional economic orders. Typical regional geo-economic strategies can be divided into neoimperialism, neo-mercantilism, hegemony, and liberal institutionalism [23]. Southeast Asian, South Asian and Indian Ocean countries prefer a geo-economic "Indo-Pacific" concept, but the "Indo-Pacific" geo-strategic concepts of the United States mainly focus on geopolitical security and military security [24].…”

Section: Introductionmentioning

confidence: 99%

Analysis of the Development Level of Geo-Economic Relations between China and Countries along the Belt and Road

Dang

et al. 2020

Sustainability

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With the continuous advancement of the Belt and Road Initiative, countries along the Belt and Road are becoming the most important geo-economic space for China’s peaceful rise. This paper constructs a geo-economic model to measure the geo-economic relations between China and countries along the Belt and Road, analyzes the spatial-temporal patterns of geo-economic flow between China and these countries, and discusses the spatial agglomeration of geo-economic flow between China and these countries. The results show that the geo-economic flow between China and the countries along the Belt and Road is increasing and the geo-economic relations between China and these countries are continuing to improve. Trade flow is far greater than investment flow, and China’s geo-economic relations with these countries have mainly relied on trade flow. The spatial differentiation of geo-economic flow between China and countries along the Belt and Road is significant. The development of geo-economic relations is unbalanced, and regional powers play an important role. The geo-economic center of gravity of China and countries along the Belt and Road was moving in the northeastern part of India and it first moved to the northwest and then to the southeast. China’s geo-economic space has obvious core-peripheral structure characteristics, and Southeast Asia is the core area of China’s geo-economic space. China’s geo-economic space presents a northwest-southeast pattern in the direction. There has been a significant, positive spatial autocorrelation in geo-economic flow between China and the countries along the Belt and Road, but the overall spatial agglomeration has been weak. The geo-economic flow agglomerations of China and these countries have mainly occurred in Southeast Asia, and the main agglomeration type has been high–high. The geo-economic activities of China and Southeast Asia had certain spatial spillover effects. To promote the sustainable development of China’s geo-economic relations with the countries along the Belt and Road, China should upgrade investment networks with these countries, optimize geo-economic relations with regional powers, and promote the full development of trade flow, investment flow and other geo-economic element flow.

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Conceptualizing regional powers’ geoeconomic strategies: neo-imperialism, neo-mercantilism, hegemony, and liberal institutionalism

Cited by 70 publications

References 40 publications

Geoeconomic Strategies in the Modern Global Economic Space

Geoeconomic Strategies in the Modern Global Economic Space

Drivers of China’s Regional Infrastructure Diplomacy: The Case of the Sino-Thai Railway Project

Analysis of the Development Level of Geo-Economic Relations between China and Countries along the Belt and Road

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