POLI 304 Study Guide - Midterm Guide: Daniel Baldwin, Tariffs In United States History, Economic Warfare
28 Feb 2016
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The vocabulary of statecraft," according to sprout, has never been very precise. ". No portion of the vocabulary of statecraft is more in need of conceptual tidying up than that relating to economic techniques. Such a conception necessarily makes economic statecraft a political act: an influence attempt intended to effect another state"s tariff levels, economic growth rate, attitude toward private foreign investment, or economic welfare is a political act. Whereas economic statecraft is defined in terms of means, alternative concepts are usually defined in terms of actual or intended effects of a policy or in terms of the process by which the policy was made. Term sometimes used in the same way economic statecraft" is used here. Cohen and pastor define it in terms of governmental actions intended to affect the international economic environment. Destler defines foreign economic policy in terms of the actual impact of governmental actions on foreign and economic concerns.
