New economic statecraft : China, the United States and the European Union / Zhang Xiaotong.

Includes bibliographical references and index.

"This book provides insights on the art of governing a state and managing its external relations from a wealth-power logic. It looks at "economic statecraft" which consists of wealth production, wealth mobilization and wealth-power conversion by a state. This book reconceptualizes what economic statecraft is and proposes a new theory focused on wealth-power conversion. With a long historic perspective, this book goes through the modern history of western powers practicing economic statecraft since 1500, and presents three case studies, the US, the EU and China, the three biggest users of economic statecraft in contemporary world. The book serves as an ideal reference for policy-makers, business people and researchers whose work touch upon either wealth creation, power projection or the combination of both"-- Provided by publisher.