Economic Diplomacy Boom: Will It Last Long?

... application of economic instruments requires at least partial control over the “commanding heights” of the world economy, such as the world reserve currency, a major financial and payments center, strong positions in international economic ... ... failed to achieve their political goals, although they were relatively economically successful. Sanctions as the main tool of economic diplomacy plantthismovie.com After World War II, the practice of imposing economic sanctions gained momentum. In 1950,...