DIMENSIONS AND DYNAMICS OF GEOECONOMICS
MEANING OF GEOECONOMICS Geoeconomics refers to the interrelationship between economics, geography and politics.It uses economic tools like trade policies, investments, and financial sanctions to achieve geopolitical goals.Geoeconomics uses the analytical framework to assess the strategic and spatial properties of of national economies .Analysts expected that the end of cold war would lead to more peaceful age of international relations when most nations professed to follow agreed rules in a positive-sum game designed to benefit all.But Ironically as things stand today such a vision is under grave threat as Governments increasingly turn to usage of tarrifs, sanctions, and other trade control measures. Moreover across the globe the line between economic and national security is becoming opaque. According to Jean- Marc Natal raw materials that rule and control of commodities shaped the world economy in the past and could decide it's future. In one sense ...