alexa The Revival of Economic Statecraft

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The Revival of Economic Statecraft

Secretary of State Hillary Clinton, speaking in late 2010 to the NY Economic Club, put economics and market forces at the heart of U.S. foreign policy. “Economic statecraft,” she stated, “harnesses global economic forces to advance America’s foreign policy and employs the tools of foreign policy to shore up U.S. economic strength.” John Kerry, in his first speech as Secretary of State, agreed that U.S “foreign policy is economic policy.”

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