What is “geoeconomics” and how did it fall out of favor among U.S. officials and policymakers? How do countries like China and India use geoeconomic tools to pursue foreign policy interests? How could the U.S. government better employ geoeconomic tools—like economic sanctions, foreign direct investment, and development assistance—to compete with rising powers?
I discuss these questions with Jennifer M. Harris, CFR senior fellow, along with the findings of her recent book, War by Other Means: Geoeconomics and Statecraft, coauthored with Robert D. Blackwill. You can follow her research on Twitter @JenniferMHarris.