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The Political Economy of Geoeconomic Power

Author

Listed:
  • Christopher Clayton
  • Matteo Maggiori
  • Jesse Schreger

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

  • Christopher Clayton & Matteo Maggiori & Jesse Schreger, 2025. "The Political Economy of Geoeconomic Power," AEA Papers and Proceedings, American Economic Association, vol. 115, pages 588-592, May.
    • Handle: RePEc:aea:apandp:v:115:y:2025:p:588-92
    DOI: 10.1257/pandp.20251040
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    More about this item

    JEL classification:

    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • F10 - International Economics - - Trade - - - General
    • F30 - International Economics - - International Finance - - - General
    • F50 - International Economics - - International Relations, National Security, and International Political Economy - - - General

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