Geoeconomic Concept and Practice: Classification of Contemporary Geoeconomic Means

Stanojević, Nataša (2021) Geoeconomic Concept and Practice: Classification of Contemporary Geoeconomic Means. The Review of International Affairs, LXXII (1183). pp. 29-46. ISSN 0486-6096

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Abstract

In this research, geoeconomics was analysed separately, as a theoretical concept and as a strategic practice. The aim is to conduct detailed analysis, systematization, classification and explanation of different types of geoeconomic means, as a key part of geoeconomic practice. The basic hypothesis is that in the mass of economic means used by states in international relations, there are natural lines of their demarcation and inner logic, which allow them to be classified and to explain their different purposes. The research has resulted in the classification of geoeconomic meansinto forced, penetrating and protective means. It provides the basis for a deeper analysis, explanations, and predictions of the geostrategies of participants in international relations. The explanation of the groups of geoeconomic means indicates the expediency of the suggested classification and implies that it can be a useful tool for authors of geoeconomics, but also for planners in creating consistent geoeconomic strategies.

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