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The Age of Geoeconomics

In: GEOFUSION Mapping of the 21st Century

Author

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  • Norbert Csizmadia

Abstract

In the era of wars waged by the use of economic sanctions, competing trade regimes, exchange rates and the manipulation of the prices of raw materials and currencies, the World Economic Forum (WEF) listed seven challenges that are connected to the appropriate development of geoeconomic strategies. Globalization enabled great powers to devise a strategy for the whole world without giving up their regional hegemon status. In recent years, the countries wielding less power have also been concentrating around regional hegemons. However, excessive interdependence may just as much be the force maintaining the fragile security as the catalyst for war: close relationships, especially when unbalanced, may easily sour.

Suggested Citation

  • Norbert Csizmadia, 2020. "The Age of Geoeconomics," World Scientific Book Chapters, in: GEOFUSION Mapping of the 21st Century, chapter 7, pages 81-97, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789811214660_0007
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    More about this item

    Keywords

    Globalization; Geopolitics; Geoeconomics; International Economics; Urban Research; Futures Studies; Futurism; Liveable Cities; Global Networks; Future Cities; World Systems;
    All these keywords.

    JEL classification:

    • F6 - International Economics - - Economic Impacts of Globalization
    • P25 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Urban, Rural, and Regional Economics

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