Economic Diplomacy as Public Diplomacy

  • 14th March 2014
  • 329 Views
Economic Diplomacy as Public Diplomacy

Successful public diplomacy is based on providing foreign publics what they need, be it information, a vaccination program, or help in securing economic well-being.

publicdiplomacy[1]A good example of working toward the latter can be found in a speech delivered by U.S. Assistant Secretary of State Anne Patterson in Jordan on February 25, during which she outlined some of the steps the United States is taking to “enhance regional trade and investment that will spur growth and jobs.”

The value of job creation cannot be overstated. Particularly in the Middle East, with its huge population of young people, idleness and the inability to support one’s family cripple societal development and provide extremists with innumerable recruiting opportunities. Without jobs, there will be no lasting political stability.

Patterson described some specific U.S. sponsored or co-sponsored programs that can produce jobs:

• Qualifying Industrial Zones in Egypt and Jordan that offer opportunities for duty-free exports to the United States, particularly textiles and clothing.
• Overseas Private Investment Corporation programs providing $400 million in financing in Egypt, $700 million in Jordan, and $300 million in Palestine.
• Loan guarantees to Middle Eastern governments to ease localized access to capital.
• Entrepreneurship summits that draw on the expertise of the American private sector to encourage and assist the next generation of business leaders in the region.
• The Initiative for the Palestinian Economy that will work with an international array of companies that might invest in Palestine.

These efforts are linked to broader foreign policy goals. Bringing investment to Palestine, for example, is an integral part of Secretary of State John Kerry’s peace plan. Further, these projects help establish the United States as a partner in advancing Arab civil society.

Not every such venture will succeed. Patterson noted that in Egypt some banks found it more profitable to lend money to the government rather than to small businesses. Presumably such glitches can be fixed and future efforts will work more smoothly. Patterson mentioned that among those future projects might be a focus on a range of educational opportunities, from technical colleges through advanced math and science training.

It could be argued that the United States is trying to buy hearts and minds. That is an unnecessarily uncharitable judgment of these programs. American foreign policy planners would be foolish not to use economic muscle to accomplish their goals. Further, having a job — which leads to being able to put food on the table and have a decent place to live — are powerful stabilizing factors in any society, particularly one as unsettled as the Arab world has been.
When the United States provides help along these lines it will win friends and advance its national interest. That is what public diplomacy, done correctly, can accomplish.

Please follow and like us:
error

Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages

RSS BIDD

  • Mobile Consular Service in Hawassa, Ethiopia 11th October 2019
    Approximately, 350 Sri Lankans attended the mobile consular service and the activities of the day included processing of applications for new passports, attestation of documents, police clearance certificates, issues pertaining to lost passports, assistance with regard to employment in Ethiopia, compensation and repatriation related issues of migrant workers and certification of application forms to open […]
  • UK funded project on integrating conventional arms control with conflict prevention gets started 11th October 2019
    Skip to content Simon Cleobury UK Deputy Permanent Representative to the Conference on Disarmament 11th October 2019 Geneva, Switzerland UK funded project on integrating conventional arms control with conflict prevention gets started I am delighted to announce that the United Nations Institute for Disarmament Research (UNIDIR) project that I mentioned in my previous blog on […]

RSS Diplo Portal Belgrade

  • Friday 11th October 2019
    Scientific gathering 13TH SYMPOSIUM OF NOVEL TECHNOLOGIES AND ECONOMIC DEVELOPMENT SASA BRANCH IN NIŠ 18 – 19 October Faculty of Technology in Leskovac, 10 a.m. The post Friday appeared first on Diplomatic portal.
  • Gojković Has Series of Bilateral Meetings with Parliament Speakers Taking Part in 141st IPU Assembly in Belgrade 11th October 2019
    The Speaker of the National Assembly of the Republic of Serbia Maja Gojković met today with a number of parliament speakers taking part in the coming 141st Assembly of the Inter-Parliamentary Union (IPU) in Belgrade, 13 to 17 October. Today, Gojković had meetings with the parliament speakers of Seychelles, South Africa, Namibia and the Arab […]

Catalog of Destroyed and Desecrated Churches in Kosovo ( VIDEO )

How Belgrade based diplomats use Digital Diplomacy and Internet 2016

Diplo Portal Belgrade

Please follow and like us:
error

Scroll Up
error

Enjoy this blog? Please spread the word :)