Economic Diplomacy: Concept and Practice in Vietnam - U.S. relations.
Phan, Phuc L.
- Submitted in partial fulfillment of the degree Master of Arts at the Fletcher School of Law and Diplomacy. Abstract: Despite its practical popularity, Economic Diplomacy (ED) has just been recently studied in academic setting. An attempt to understand what is ED leads to two questions. What is meant by “economic” in ED and what is meant by “diplomacy”? Answers to these questions are found the ... read moreliterature in the fields of international relations, economics, international political economics and diplomatic studies . Nevertheless, these fields only answer some parts of the above two questions and ED is mostly studied in multilateral relations. The paper discovers ED from a broader perspective, according to which ED is considered as a tool to serve two functions: linking economics and politics in the relations between and among states and connecting domestic and foreign policies. Despite its broad scope with this approach, the substance of ED is narrowed down in the relation with a particular bilateral partner. Illustrating this argument is the analysis of ED in the history of the U.S and Viet Nam relationship since 1945. This analysis is then served as the background for finding implications of how ED could contribute to solve the current issues in the two countries’ relation from the perspective of Viet Nam.read less