When policy-makers opt for sanctions or other economic power instruments in response to geostrategic challenges, the stage is set for geoeconomic diplomacy. Challenging traditional conceptions about the interplay between governments and markets, this book sheds a new light on the diplomatic actors and processes that shape successful geoeconomic foreign and security policy-making. Unpacking the ânetworked practicesâ through which diplomats advanced the early implementation of the European Unionâs far-reaching sanctions regimes against Russia and Syria, the book demonstrates how geoeconomic diplomats depend on their abilities to navigate in complex actor-networks in the interfaces between the public, private, and non-governmental realm.
Kim B. Olsen, Ph.D. (2020, University of Antwerp) is a diplomatic practitioner and has published widely on geoeconomics and EU foreign and security policy. A former Senior Adviser to the Danish Ministry of Foreign Affairs, he is affiliated with the Danish Institute for International Studies and the German Council on Foreign Relations.
Preface
Acknowledgements
Abbreviations
Introduction The eu in the Age of Geoeconomic Multipolarisation
â1âThe Puzzle: Instrumentalising Economic Power in Europeâs Liberal Market Capitalism
â2âThe Approach: Practices and Actor-Networks of Geoeconomic Diplomacy
â3âThe Limitations: Neglecting the Outcomes of Geoeconomic Interventions
â4âOutline of Chapters
1âEconomic Power, Geoeconomics, and Sanctions
â1âThe Realist-Liberalist Divide: Classical Conceptions of Economic Power in ir
â1.1âRealist Recognitions: Non-state Actorsâ Influence on Economic Means of Power
â1.2âRealist Remainders: The Legacy of Geopolitics as an Analytical Category
â2âGeoeconomics: A Renewed Debate on Economic Power in the 21st Centuryâs Multipolar Order
â2.1âGeoeconomics as Global Governance: Managing International Interdependencies
â2.2âGeoeconomics as National Policies: Instrumentalising Wealth in Foreign and Security Policy
â3âEconomic Sanctions: A Popular, Yet Challenging, Geoeconomic Instrument
â3.1âConventional Analytical Approaches to the Study of Sanctions
â3.2âThe Complex Institutional Framework of eu Sanctions Implementation
2âGeoeconomic Diplomacy Enhancing Abilities to Instrumentalise Economic Means of Power
â1âGeoeconomic Disparities in the âMultipolarâ 21st Century
â1.1âThe (Overestimated) Structural Advantages of State Capitalism
â1.2âThe (Underestimated) Structural Disadvantages of Liberal Market Capitalism
â2âExploring the Paradox: Limited Governmental Control over Geoeconomic Levers
â3âGeoeconomic Diplomacy: Leveraging Economic Power through Diplomatic Relationship Building
3âSanctioning Russia The Domestic Drivers Behind the Geoeconomic Diplomacy of France and Germany
â1âCase i: eu Sanctions on Russia â an Inductive Search for Geoeconomic Diplomatic Behaviour
â2âEuropean mfaâs in the 2010s: Reforming Diplomatic Capacities in the State-Market Nexus
â2.1âPolitical Drivers behind French and German mfa Reforms
â2.2âThe âStreamliningâ of the French and German mfaâs in the Geoeconomic Field
â3âHandling Domestic Agency Relations: The Diplomatic Quest to Implement the Russia Sanctions
â3.1âOffices of Heads of States and Governments
â3.2âOther Ministries
â3.3âLegislative and Sub-State Actors
â3.4âBusiness and Market Actors
â4âMoving from Domestic Network of Actors to Practices of Actor-Networks
4âA New Framework for Studying Sanctions âNetworked Practicesâ of Geoeconomic Diplomacy
â1âTheoretical Approach: Studying the Practices of Foreign and Security Policy Implementation
â1.1âA Pragmatic Understanding to Practices
â2âA Half Turn to Practices: The Problem of iptâs Empirical Biases
â2.1âEmpirical Bias i: Focus on Decision-Making over Policy Implementation
â2.2âEmpirical Bias ii: Disregard of Non-state Actors
â2.3âMoving beyond the Bias: Analysing âPolylateralâ Relationships of Policy Implementation
â3âCompleting the Practice Turn: Networked Practices in Diplomacyâs Implementation Phase
â3.1âActor-Network Theory in Diplomacy Studies
â3.2âThe Framework: Bringing Actor-Network Theory into Diplomacy Studies
â3.3âCritiques, Limitations, and Competing Understandings of Social Networks
â4âMethodology and Data Collection: Challenges, Choices, and Consequences
â4.1âAccessing Practices through Praxiography
â4.2âData Collection through âMultimethod Researchâ: Qualitative Interviews, Textual Analysis, and Ethnographic Observations
â4.3âThe Researching Practitioner vs the Practicing Researcher
5âSanctioning Syria The Networked Practices Shaping eu Sanctions Implementation
â1âCase ii: eu Sanctions on Syria â a Framework-Driven Analysis of Networked Practices
â2âDefend or Dispute? The Heated Policy Debate about the eu Sanctionsâ Role in the Syria Crisis
â3âPractices of Actor-Networks: Implementing the euâs Syria Sanctions
â3.1âEnforcement Practices
â3.2âMonitoring Practices
â3.3âRefinement Practices
â3.4âDeterrence Practices
â4âExerting Control over Actor-Networks? European Diplomatsâ Successes and Limitations as âObligatory Passage Pointsâ
6âConflicting Practices? Ensuring Coherency across Geoeconomic Actor-Networks
â1âExpanding the Syria Case: Disentangling eu Sanctions from Other Geoeconomic Instruments
â1.1âConflicting Practices between Geoeconomic Instruments: Caught between eu Sanctions and Targeted Economic Assistance
â1.2âConflicting Practices between Geoeconomic Partners: The Impact of US Sanctions
â2âThe Geoeconomic Diplomacy of Economic Sanctions: Instrumentalising Market Shares, Managing Global Interdependencies
7âGeoeconomic Diplomats as Sanctions âShapersâ
â1âLeveraging Geoeconomic Network Positions: Consequences for Policy-Makers and Diplomats
â2âThe Explanatory Power of Pragmatism: Diplomats as âShapersâ of Geoeconomic Practices
â3âNormatively Blindsided? Facing the Moral Dilemmas of Geoeconomic Diplomacy
Conclusions Identifying the Human Impact on Economic Power Politics
Bibliography
Index
The book targets scholars and practitioners of sanctions, geoeconomics, and economic statecraft as well as those focusing on the intersection of diplomacy studies, international practice theory, and foreign policy implementation.