Detailed Information on Publication Record

MARKOVÁ, Jana. Strategy as an instrument of economic diplomacy. Economics Management Innovation. Moravská vysoká škola Olomouc, 2024, vol. 16, No 1, p. 33-43. ISSN 1805-353X.

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Basic information
Original name	Strategy as an instrument of economic diplomacy
Authors	MARKOVÁ, Jana (203 Czech Republic, guarantor, belonging to the institution).
Edition	Economics Management Innovation, Moravská vysoká škola Olomouc, 2024, 1805-353X.

Other information
Original language	English
Type of outcome	Article in a journal
Field of Study	50201 Economic Theory
Country of publisher	Czech Republic
Confidentiality degree	is not subject to a state or trade secret
WWW	URL URL
Organization unit	University College Prague – University of International Relations and Institute of Hospitality Management and Economics, Ltd.
Keywords in English	Economic diplomacy; strategy; economic policy instruments; Public Choice Theory; Public Policy Theory
Tags	International impact, Reviewed
Changed by	Changed by: PhDr. Jana Marková, Ph.D., učo 23851. Changed: 9/9/2024 10:58.

Abstract
The paper focuses on strategies in economic diplomacy. Economic diplomacy as an economic dimension of foreign policy uses various instruments, one of which are strategies. The paper uses an analytical method, literature search and in the analytical part of the paper, which focuses on the comparison of specific strategies in economic diplomacy, the comparative method is applied to compare individual strategies and evaluate their effectiveness. The paper discusses the theoretical perspective on strategies and their importance in public policy, specifically theories by authors Buchanan, Stiglitz, North and Lindblom. Subsequently, the most important strategies of the Czech government, especially the Export Strategy of the Czech Republic 2012-2020 and the latest Export Strategy of the Czech Republic 2023-2033, are highlighted. The paper shows the important link between economic diplomacy and strategies, in the context of public policy theories, by finding elements that are relevant for strategic decision-making. The strategy in the new export promotion setting is based on the state and needs of the Czech economy and, in addition to export growth, should contribute to the transformation of the Czech economy into a knowledge-based economy that will be more competitive and resilient to external negative influences.

Abstract

The paper focuses on strategies in economic diplomacy. Economic diplomacy as an economic dimension of foreign policy uses various instruments, one of which are strategies. The paper uses an analytical method, literature search and in the analytical part of the paper, which focuses on the comparison of specific strategies in economic diplomacy, the comparative method is applied to compare individual strategies and evaluate their effectiveness. The paper discusses the theoretical perspective on strategies and their importance in public policy, specifically theories by authors Buchanan, Stiglitz, North and Lindblom. Subsequently, the most important strategies of the Czech government, especially the Export Strategy of the Czech Republic 2012-2020 and the latest Export Strategy of the Czech Republic 2023-2033, are highlighted. The paper shows the important link between economic diplomacy and strategies, in the context of public policy theories, by finding elements that are relevant for strategic decision-making. The strategy in the new export promotion setting is based on the state and needs of the Czech economy and, in addition to export growth, should contribute to the transformation of the Czech economy into a knowledge-based economy that will be more competitive and resilient to external negative influences.

Abstract (in Czech)
The paper focuses on strategies in economic diplomacy. Economic diplomacy as an economic dimension of foreign policy uses various instruments, one of which are strategies. The paper uses an analytical method, literature search and in the analytical part of the paper, which focuses on the comparison of specific strategies in economic diplomacy, the comparative method is applied to compare individual strategies and evaluate their effectiveness. The paper discusses the theoretical perspective on strategies and their importance in public policy, specifically theories by authors Buchanan, Stiglitz, North and Lindblom. Subsequently, the most important strategies of the Czech government, especially the Export Strategy of the Czech Republic 2012-2020 and the latest Export Strategy of the Czech Republic 2023-2033, are highlighted. The paper shows the important link between economic diplomacy and strategies, in the context of public policy theories, by finding elements that are relevant for strategic decision-making. The strategy in the new export promotion setting is based on the state and needs of the Czech economy and, in addition to export growth, should contribute to the transformation of the Czech economy into a knowledge-based economy that will be more competitive and resilient to external negative influences.

Abstract (in Czech)