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The Political Economy of Geoeconomic Power

Author

Listed:
  • Clayton, Christopher
  • Maggiori, Matteo

    (Stanford University)

  • Schreger, Jesse

Abstract

Great powers are increasingly using their economic and financial strength for geopolitical aims. This rise of "geoeconomics" has the potential to reshape the international trade and financial system. This paper examines the role of domestic political economy forces in determining a government’s ability to project geoeconomic power abroad. We also discuss the role that persuading or coercing foreign governments plays in projecting geoeconomic power around the world.

Suggested Citation

  • Clayton, Christopher & Maggiori, Matteo & Schreger, Jesse, 2025. "The Political Economy of Geoeconomic Power," SocArXiv j8p3m, Center for Open Science.
  • Handle: RePEc:osf:socarx:j8p3m
    DOI: 10.31219/osf.io/j8p3m
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    References listed on IDEAS

    as
    1. Matteo Maggiori & Chris Clayton & Jesse Schreger, "undated". "A theory of economic coercion and fragmentation," BIS Working Papers 1224, Bank for International Settlements.
    2. Clayton, Christopher & Maggiori, Matteo & Schreger, Jesse, 2023. "A Framework for Geoeconomics," CEPR Discussion Papers 18576, C.E.P.R. Discussion Papers.
    3. Frieden, Jeffry A., 1994. "International investment and colonial control: a new interpretation," International Organization, Cambridge University Press, vol. 48(4), pages 559-593, October.
    4. Gerard Padró I Miquel & Pierre Yared, 2012. "The Political Economy of Indirect Control," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 127(2), pages 947-1015.
    Full references (including those not matched with items on IDEAS)

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