Michael Every: Economic Strategy in a Multipolar World
Economic Nationalism for Geopolitical Survival
“In a world where laissez-faire is increasingly unsustainable, a fusion of economic and geopolitical analysis is the logical progression.”
Contents: (1500 words)
Bottom Line
Overview
Geo-Economics: The Shift to Statecraft
Tools of The Trade: Carrots and Sticks
Statecraft in Practice
U.S. and European Statecraft Compared
Realism vs Idealism in Economic Statecraft
Synthesizing Geopolitics With Economics
Slide Decks
PDF: Macrostrategy vs. 'Grand Macro Strategy'
Rabobank has published a massive well-written missive (14,000 words with graphics) by Michael Every on the changing playing field for Economic policy. Find it attached.
Here first is our breakdown and analysis of this comprehensive piece
1- Bottom Line:
Economic statecraft, grounded in realism, is necessary to navigate today’s multipolar world.
The World is becoming multipolar along Ideological, Monetary, and Military lines. Pax Americana is dying. Economic statecraft, grounded in realism, is therefore necessary.
Policy enacted by other nations will reverberate with bigger consequences on domestic economies necessitating Economic tools be redeployed as extensions of national security.
The rise of Nationalism will also accelerate the need to hone statecraft’s survival tools. 1