The Age of Geoeconomics

Norbert Csizmadia

Chapter 7 in Geofusion:Mapping of the 21st Century, 2020, pp 81-97 from World Scientific Publishing Co. Pte. Ltd.

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.

Keywords: Globalization; Geopolitics; Geoeconomics; International Economics; Urban Research; Futures Studies; Futurism; Liveable Cities; Global Networks; Future Cities; World Systems (search for similar items in EconPapers)
JEL-codes: F6 P25 (search for similar items in EconPapers)
Date: 2020
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