Abstract:
Economic diplomacy is the most important legal and political tool to counter sanctions. This study seeks to provide a quantitative model for economic diplomacy aimed at strengthening Iran's economic governance in the region. For this purpose, it uses fuzzy hierarchical analysis method to predict policy priorities and the effectiveness of each policy.Findings of this study show that in economic diplomacy, the priority is to attract foreign capital (with a coefficient of 0.17). Economic diplomacy should be more tailored to the needs of multinational corporations than governments. The next priority of Iran's foreign policy in the field of economy should be on Iran's membership and use of world economic organizations. This study shows that the management and liberalization of the country's foreign exchange resources is the next priority of economic diplomacy. Having a trade surplus should be the fifth strategy obtained by obtaining concessions, especially tariff, currency and tax concessions for private sector exporters in the destination countries.The seventh and eighth priorities in economic diplomacy are to strengthen the country's position in the World Bank and the International Monetary Fund. This will happen by strengthening the Iranian representations and strengthening the country's seat in the specialized commissions and working groups of these institutions. The ninth and tenth priorities of economic diplomacy should be to facilitate the export of industrial goods and liberalize the economy, respectively.Findings of this study provide a list of 25 priority measures of economic diplomacy.
Machine summary:
Table (1): Spectrum of theoretical perspectives on international economic governance Transition from states State-centric Post-state, transnationalism, regime theory, neoliberal institutionalism, Gramscian hegemony, hegemony theory Emergence of non-state and transnational actors including NGOs and multinational corporations | Governance through the participation of various global individuals and groups, separation of government and rulers | Technocratic rule and regional institutions and specialization | Governance through transnational networks of experts, managers, and legal scholars, a set of principles, practices, and decision-making rules | Global governance through global regimes and in the next stage, international institutions and finally national states, state-market axis | Global institutions with the presence of states | Global governance means the interaction of states and international institutions, expansion of the concept of hegemony to the fields of culture and academia | Dominant global state | Dominant power controls other countries | Management of the global economy based on the interests of the dominant state Many definitions have been provided for the concept of international economic governance, which we will briefly review.
Weaver and Moschella 3 define global economic governance as follows: "An international rule-based structure in which economic actors (including states, enterprises, formal institutions, and organized groups) are in pursuit of solving common problems and, in the process, ensure cross-border coordination and global cooperation in the field of supply and exchange of goods, money, services, and technical capacity within the framework of global economic issues" (Moschella & Weaver, 2014).