This book is available as open access through the Bloomsbury Open Access programme and is available on www.bloomsburycollections.com. Having emerged from the end of the Cold War as a unified country, Germany has quickly become the second largest exporter in the world. Its economic might has made it the center of the Eurozone and the pivotal power of Europe. Like other geo-economic powers, Germany's foreign policy is characterized by a definition of the national interest in economic terms and the elevation of economic interests over non-economic values such as human rights or democracy promotion. This strategic paradigm is evident in German's relationship with China, the Gulf States and Europe, but it is most important in regard to its evolving policies towards Russia. In this book, Stephen F. Szabo provides a description and analysis of German policy towards Russia, revealing how unified Germany is finding its global role in which its interests do not always coincide with the United States or its European partners. He explores the role of German business and finance in the shaping of foreign policy and investigates how Germany's Russia policy effects its broader foreign policy in the region and at how it is perceived by key outside players such as the United States, Poland and the EU. With reference to public, opinion, the media and think tanks Szabo reveals how Germans perceive Russians, and he uncovers the ways in which its dealings with Russia affect Germany in terms of the importing of corruption and crime. Drawing on interviews with key opinion-shapers, business and financial players and policy makers and on a wide variety of public opinion surveys, media reports and archival sources, his will be a key resource for all those wishing to understand the new geo-economic balance of Europe.

Starting from the key concept of geo-economics, this book investigates the new power politics and argues that the changing structural features of the contemporary international system are recasting the strategic imperatives of foreign policy practice. States increasingly practice power politics by economic means. Whether it is about Iran’s nuclear programme or Russia’s annexation of Crimea, Western states prefer economic sanctions to military force. Most rising powers have also become cunning agents of economic statecraft. China, for instance, is using finance, investment and trade as means to gain strategic influence and embed its global rise. Yet the way states use economic power to pursue strategic aims remains an understudied topic in International Political Economy and International Relations. The contributions to this volume assess geo-economics as a form of power politics. They show how power and security are no longer simply coupled to the physical control of territory by military means, but also to commanding and manipulating the economic binds that are decisive in today’s globalised and highly interconnected world. Indeed, as the volume shows, the ability to wield economic power forms an essential means in the foreign policies of major powers. In so doing, the book challenges simplistic accounts of a return to traditional, military-driven geopolitics, while not succumbing to any unfounded idealism based on the supposedly stabilising effects of interdependence on international relations. As such, it advances our understanding of geo-economics as a strategic practice and as an innovative and timely analytical approach. This book will be of much interest to students of security studies, international political economy, foreign policy and International Relations in general.

A Foreign Affairs Best Book of 2016 Today, nations increasingly carry out geopolitical combat through economic means. Policies governing everything from trade and investment to energy and exchange rates are wielded as tools to win diplomatic allies, punish adversaries, and coerce those in between. Not so in the United States, however. America still too often reaches for the gun over the purse to advance its interests abroad. The result is a playing field sharply tilting against the United States. “Geoeconomics, the use of economic instruments to advance foreign policy goals, has long been a staple of great-power politics. In this impressive policy manifesto, Blackwill and Harris argue that in recent decades, the United States has tended to neglect this form of statecraft, while China, Russia, and other illiberal states have increasingly employed it to Washington’s disadvantage.” —G. John Ikenberry, Foreign Affairs “A readable and lucid primer...The book defines the extensive topic and opens readers’ eyes to its prevalence throughout history...[Presidential] candidates who care more about protecting American interests would be wise to heed the advice of War by Other Means and take our geoeconomic toolkit more seriously. —Jordan Schneider, Weekly Standard

Will the increased economic connectivity across the Eurasian supercontinent transform Europe into the western peninsula of Greater Eurasia? The unipolar era entailed the US organising the two other major economic regions of the world, Europe and Asia, under US leadership. The rise of “the rest”, primarily Asia with China at the centre, has ended the unipolar era and even 500-years of Western dominance. China and Russia are leading efforts to integrate Europe and Asia into one large region. The Greater Eurasian region is constructed with three categories of economic connectivity – strategic industries built on new and disruptive technologies; physical connectivity with bimodal transportation corridors; and financial connectivity with new development banks, trading currencies and payments systems. China strives for geoeconomic leadership by replacing the US leadership position, while Russia endeavours to reposition itself from the dual periphery of Europe and Asia to the centre of a grand Eurasian geoeconomic constellation. Europe, positioned between the trans-Atlantic region and Greater Eurasia, has to adapt to the new international distribution of power to preserve its strategic autonomy.

This book provides a comprehensive and systematic analysis of the concept of geoeconomics in International Relations (IR). It offers an accessible overview of the most important approaches, including their history, means and ends, methodology, ideological underpinnings, normative aspects, and practical relevance. Exploring the forgotten history of geoeconomics, and revealing its different meanings and usages over time, the author clearly differentiates geoeconomics from geopolitics on a conceptual level. This thorough examination of contemporary conceptions identifies shortcomings in the current understanding of geoeconomics and proposes a reconceptualization of the concept within a neoliberal framework, increasing its empirical usefulness and analytical value. By contrasting neoliberal geoeconomics with neorealist geoeconomics, the book highlights the normative implications of both approaches, providing policy analysts and makers with valuable insights into the topic. This volume will be an important reference guide for understanding the concept of geoeconomics and a must-read for students and researchers of international relations, international political economy, economics, and political science, as well as professionals, such as policymakers and politicians.

The relationship between Germany and Russia is Europe's most important link with the largest country on the continent. This book analyses how successive German governments from 1991 to 2014 have misread Russian intentions, until Angela Merkel sharply recalibrated German and EU policy towards Moscow.

In this revised version that includes an exclusive new chapter on the Russia-Ukraine war, renowned foreign policy expert Angela Stent examines how Putin created a paranoid and polarized world—and increased Russia's status on the global stage. How did Russia manage to emerge resurgent on the world stage and play a weak hand so effectively? Is it because Putin is a brilliant strategist? Or has Russia stepped into a vacuum created by the West's distraction with its own domestic problems and US ambivalence about whether it still wants to act as a superpower? Putin's World examines the country's turbulent past, how it has influenced Putin, the Russians' understanding of their position on the global stage and their future ambitions—and their conviction that the West has tried to deny them a seat at the table of great powers since the USSR collapsed. This book looks at Russia's key relationships—its downward spiral with the United States, Europe, and NATO; its ties to China, Japan, the Middle East; and with its neighbors, particularly the fraught relationship with Ukraine. Putin's World will help Americans understand how and why the post-Cold War era has given way to a new, more dangerous world, one in which Russia poses a challenge to the United States in every corner of the globe—and one in which Russia has become a toxic and divisive subject in US politics.

Winner of the UACES Best Book Prize 2020 The jury commented 'It is impossible to study or understand European integration without understanding Germany's role and place in this. This book is therefore a must-read'. This new textbook offers a path-breaking interpretation of the role of the European Union's most important member state: Germany. Analyzing Germany's domestic politics, European policy, relations with partners, and the resultant expressions of power within the EU, the text addresses such key questions as whether Germany is becoming Europe's hegemon, and if Berlin's European policy is being constrained by its internal politics. The authors – both leading scholars in the field – situate these questions in their historical context and bring the subject up to date by considering the centrality of Germany to the liberal order of the EU over the last turbulent decade in relation to events including the Eurozone crisis and the 2017 German federal election. This is the first comprehensive and accessible guide to a fascinating relationship that considers both the German impact on the EU and the EU's impact on Germany. This book is the ideal companion for undergraduate and postgraduate students who are studying the European Union or German Politics from the perspectives of disciplines as wide ranging as Politics, European Union Studies, Area Studies, Economics, Business and History. It is also an essential resource for all those studying or practicing EU policy-making and communication.