Arbeitspapier

Geoeconomics

Autoren

  • Mohr
  • C.
  • Trebesch
  • Ch.
Erscheinungsdatum

We review the literature on geoeconomics, defined as the field of study that links economics and geopolitics (power rivalry). We describe what geoeconomics is and which questions it addresses, focusing on five main subfields. First, the use of geoeconomic policy tools such as sanctions and embargoes. Second, the geopolitics of international trade, especially work on coercion and fragmentation. Third, research on the geopolitics of international finance, which focuses on currency dominance and state-directed capital flows. Fourth, the literature on geopolitical risk and its spillovers to the domestic economy, e.g. on investments, credit, and inflation. Fifth, the economics of war, in particular research on trade and war and on military production. As geopolitical tensions grow, we expect the field to grow substantially in the coming years.

Experte IfW Kiel

Info

JEL Classification
F01, P45, D74, H56, N40, F1, F2, F3

Schlagworte

  • Geoökonomie
  • Geopolitik
  • politische Ökonomie
  • Macht
  • Handel
  • internationale Finanzen
  • Krieg
  • Sanktionen
  • Zwang