Columbia International Affairs Online: Working Papers

CIAO DATE: 09/2014

Economic Statecraft Redux: Improving the U.S. State Department's Effectiveness in International Economic Policy

Robert A. Pollard, Gregory N. Hicks

July 2014

Center for Strategic and International Studies

Abstract

This report examines the strategic role of economics in foreign policy and gives practical policy recommendations to the U.S. Department of State for enhancing its international economic policymaking. This report examines both sides of the international economic policy coin: how diplomacy can support growth, jobs, and other economic objectives; and how economic policy can be used as a strategic tool in advancing broader foreign policy objectives.