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Economic news – Embassy 59

Foreign Policy of Geo-economics

The AERL hosted a talk at the Swiss Embassy by Mark Leonard, co-founder of the European Council on Foreign Relations, on the subject of goe-economics and how economics was being used to “weaponise” the global system. “Weapons” included the use of sanctions; the failure of the Doha Round and the rise of rival economic blocs that “hollow out” weaker peripheral countries; the re-emergence of state capitalism; and the use of infrastructure as a tool of foreign policy.

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