Transformation of international economic diplomacy in the period of globalization
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341.7:33:316.32 (2)
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Economie. Științe economice (4419)
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GOLOVATAYA, Lyudmila. Transformation of international economic diplomacy in the period of globalization. In: Relaţii internaţionale. Plus. 2020, nr. 1(17), pp. 139-149. ISSN 1857-4440.
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Relaţii internaţionale. Plus
Numărul 1(17) / 2020 / ISSN 1857-4440 /ISSNe 2587-3393

Transformation of international economic diplomacy in the period of globalization


CZU: 341.7:33:316.32
JEL: F42, H11
Pag. 139-149

Golovataya Lyudmila
 
Institute of International Relations of Moldova
 
Disponibil în IBN: 20 mai 2020


Rezumat

The economy has gradually taken over as the main driver of political influence and global now transcend the old national or regional divides. This paper discusses the transformations of economic diplomacy in a post-modern environment where traditional state-to-state diplomacy is being fragmented and made more complex due to the participation in international economic relations of a growing number of non-state actors and an increasing number of other government ministries. Non-state actors like Business Diplomats and Transnational economic NGO Diplomats, with their multitude of trans border alliances, and pressure groups have added to the traditional domain of economic diplomacy a “supraterritorial relations” component thereby partially undermining the sovereignty of states in conducting international economic relations. At the same time, faced with globalisation and competition for foreign direct investment as well as with the growing influence of international economic standard setting organisations (WTO, ITU (International Telecommunication Union), ILO etc.), many countries have come to expect that diplomats specialised in Economic Diplomacy and Commercial Diplomacy more effectively serve their national interests in the economic and business spheres.

Cuvinte-cheie
economic diplomacy, non-state actors, globalization, national interests, Security