NBER paper explores sources of ‘geoeconomic power’
Authors write of “urgent need” to understand “new era of geoeconomic rivalry”
New research outlines how a state may wield “geoeconomic power”, and finds important differences between the ability of democracies and autocracies to do so.
The working paper, published this week by the US National Bureau of Economic Research, says there has been a “stunning rise” in the willingness of nations to use trade and financial relationships for geopolitical ends. The growing field of geoeconomics is attempting to understand this change, which authors Christopher Clayton, Matteo
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