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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. Christopher Clayton & Matteo Maggiori & Jesse Schreger, 2023. "A Framework for Geoeconomics," NBER Working Papers 31852, National Bureau of Economic Research, Inc.
    2. Christopher Clayton & Matteo Maggiori & Jesse Schreger, 2024. "A Theory of Economic Coercion and Fragmentation," NBER Working Papers 33309, National Bureau of Economic Research, Inc.
    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. Christopher Clayton & Matteo Maggiori & Jesse Schreger, 2023. "A Framework for Geoeconomics," NBER Working Papers 31852, National Bureau of Economic Research, Inc.
    5. 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.
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    Cited by:

    1. Clayton, Christopher & Coppola, Antonio & Maggiori, Matteo & Schreger, Jesse, 2025. "Chokepoints: Identifying Economic Pressure," SocArXiv zsc4x_v1, Center for Open Science.

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    JEL classification:

    • F3 - International Economics - - International Finance

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