Is Economy the New (Old) Game in Town?

This week I find it relevant to discuss the concept of economy as the new (or renewed) focus of public diplomacy initiatives. It is hard to forget Clinton’s famous ‘It’s the Economy, Stupid’ campaign slogan. Recently financial issues became particularly central to states’ rhetoric once again. Economy as public diplomacy strategy is broadly discussed in the course readings and in the media this week.

The first big economy and development headline this week was Bill Gates discussing his annual letter in interviews across media outlets. Gates focused on the importance of foreign aid and the great progress he sees the humanity making towards abolishing poverty and enhancing economic self-sufficiency.

Simultaneously big debates on economy are happening at the Annual World Economic Forum in Davos. One article at the Foreign Policy Magazine this week (http://blog.foreignpolicy.com/posts/2014/01/22/at_davos_developing_countries_advertise_themselves_more_than_companies_do) discusses few particularly interesting examples of how developing countries are trying to advertise themselves focusing on the economic opportunities they have to offer.

Finally Heng (2009) discusses the focus on economy and development as a leading public diplomacy strategy for Japan: “Japan sees its’ economic influence reflecting attractive values…Tokyo, in May 2008, doubled its aid targets to Africa by 2012.” (p. 290). China and Japan, along with many other states work to strengthen relations with developing countries and use strategic communication to portray themselves as trustworthy economic powers.

And so as the world remains affected by the financial turmoil, issues of economy seem to be a great prescription for effective public diplomacy strategy.

And if you haven’t seen Bill Gates promoting his letter virally, here it is:

[youtube=http://www.youtube.com/watch?v=3ye_W7ZsRYM&feature=youtu.be]

3 thoughts on “Is Economy the New (Old) Game in Town?”

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