The Perils of Geoeconomics

April 16, 2019

by Dong Jung Kim

 

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For some, geoeconomics provides a more effective and less costly alternative to military force to advance U.S. security interests. Yet, the preeminent U.S. economic position does not necessarily enable it to influence others’ decisions and can weaken economic freedom as well as the liberal international order, undermining the effectiveness of geoeconomics as a strategic tool.