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From Resource to Trade Diplomacy – Revealing the Hierarchical Nature of Geopolitics

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  • Faisal Ahmed

    (Asia-Pacific Institute of Management, New Delhi, India)

Abstract

Geopolitical discourses and practices are influencing the direction of strategic and trade diplomacies in the contemporary global order and would undoubtedly continue to do so owing to the variations in resource endowments. The geopolitical pursuits could be defined by several factors which have been broadly identified as ‘enablers’ in this paper which include both the geo-economic as well as geostrategic parameters. The paper identifies and models the key enablers of geopolitics and presents its unique hierarchical framework using the Interpretive Structural Modeling (ISM) technique. The paper also reviews the literatures of topical relevance and presents a critical evaluation of the evolution of geopolitical thoughts. The paper advances the view of the evolving global order by arguing that the contemporary global geopolitics is not merely about supremacy through power and colonial expansion but about sustainability of state’s competitiveness through co-existence and interdependence. The paper intends to develop a confluence between resources, trade and geopolitics and also to contribute to advancement in geopolitical analysis through a comprehensive, yet flexible modeling technique.

Suggested Citation

  • Faisal Ahmed, 2010. "From Resource to Trade Diplomacy – Revealing the Hierarchical Nature of Geopolitics," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 13(35), pages 3-34, (1).
    • Handle: RePEc:rej:journl:v:13:y:2010:i:35:p:3-34
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    File URL: http://www.rejournal.eu/sites/rejournal.versatech.ro/files/articole/2014-05-11/2337/je35-ahmed.pdf
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    References listed on IDEAS

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    1. Scott L. Baier & Jeffrey H. Bergstrand & Peter Egger & Patrick A. McLaughlin, 2008. "Do Economic Integration Agreements Actually Work? Issues in Understanding the Causes and Consequences of the Growth of Regionalism," The World Economy, Wiley Blackwell, vol. 31(4), pages 461-497, April.
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    Cited by:

    1. Srivastava, Mrinalini & Rao, Amar & Parihar, Jaya Singh & Chavriya, Shubham & Singh, Surendar, 2023. "What do the AI methods tell us about predicting price volatility of key natural resources: Evidence from hyperparameter tuning," Resources Policy, Elsevier, vol. 80(C).

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    More about this item

    Keywords

    geopolitics; resource; RTA; multipolarity; ISM.;
    All these keywords.

    JEL classification:

    • F50 - International Economics - - International Relations, National Security, and International Political Economy - - - General
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements
    • F59 - International Economics - - International Relations, National Security, and International Political Economy - - - Other

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