Regional economic blocs, such as the European Union (EU) and the Association of Southeast Asian Nations (ASEAN), have emerged as powerful economic development and cooperation drivers. These blocs promote regional […]
International Economic Relations
The Crucial Role of Multilateral Organizations in Regulating International Trade
In our increasingly interconnected global economy, regulating international trade is paramount to ensure fair, predictable, and mutually beneficial interactions among nations. Multilateral organizations, such as the World Trade Organization (WTO), […]
The Broad Geographical Scope of the Belt and Road Initiative (BRI)
The Belt and Road Initiative (BRI), China’s ambitious global infrastructure and economic development project, boasts an extensive geographical reach, spanning multiple continents and encompassing many projects, trade corridors, and economic […]
Soft Power and Reputation in Economic Diplomacy
Attracting Foreign Direct Investment (FDI) Favorable Image A nation’s reputation for political stability, economic strength, and a welcoming business environment significantly influences foreign investors. Countries with a positive image are […]