The New Economic Diplomacy: Decision-Making and Negotiating in International Economic Relations (G8 & Global Governance) - Softcover

"'An eloquent and insightful expose of economic diplomacy principles and practices. Bayne and Woolcock succeed in crafting a book that will stimulate and inform anyone interested in this previously opaque realm of international relations.' Thomas C. Lawton, Imperial College London, UK; 'How we and our children and grandchildren will live, and how well, depends crucially on how well we can manage the challenges of globalization. Bayne and Woolcock's valuable new volume on this topic marks an important advance in our understanding of the theory and practice of "the new economic diplomacy." Virtually all the tough tradeoffs in this complex domain are explored here, drawing on the wisdom of both academics and practitioners. Clearly written and comprehensive, this volume will appeal to many audiences, from beginning students to the most seasoned observers and policy-makers.' Robert D. Putnam, Malkin Professor of Public Policy, Harvard University, USA"

The New Economic Diplomacy explains how states conduct their external economic relations as the 21st century begins: how they make decisions domestically; how they negotiate internationally; and how these processes interact. It documents the transformation of economic diplomacy in response to the end of the Cold War, the advance of globalisation and the terrorist attacks of September 2001, and illustrates the growing influence of non-state actors like private business and civil society. The book integrates a full academic and theoretical analysis with the experience of senior practitioners in economic diplomacy. Based on the authors' work in the LSE's graduate programme on The Politics of the World Economy, it is suitable for students of International Political Economy, International Relations, Government, Politics and Economics, but will also appeal to politicians, bureaucrats, business people, NGO activists, journalists and the informed public.