Commercial Diplomacy
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Commercial Diplomacy
Commercial diplomacy is diplomacy that focuses on development of business between two countries.Naray, O. (2008). "Commercial Diplomacy: A Conceptual Overview." Conference paper for the 7th World Conference of TPOs – The Hague, The Netherlands. It aims at generating commercial gains in the form of trade and inward and outward investment by means of business and entrepreneurship promotion and facilitation activities in the host country. Commercial diplomacy is pursued with the goal of gaining economic stability, welfare, or competitive advantage.Reuvers, S. and Ruel, H. J. M., "Research on Commercial Diplomacy: Review and Implications" in ''Commercial Diplomacy and International Business: a conceptual and empirical exploration'', Ruel, H. J. M., ed. (Advanced series in Management, Emerald, 2012). As a term, commercial diplomacy emerged in the second half of the twentieth century (e.g., Joseph, 1965; Corbet, 1972), but the concept certainly existed in previous centuries. In litera ...
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Diplomacy
Diplomacy comprises spoken or written communication by representatives of states (such as leaders and diplomats) intended to influence events in the international system.Ronald Peter Barston, ''Modern diplomacy'', Pearson Education, 2006, p. 1 Diplomacy is the main instrument of foreign policy which represents the broader goals and strategies that guide a state's interactions with the rest of the world. International treaties, agreements, alliances, and other manifestations of international relations are usually the result of diplomatic negotiations and processes. Diplomats may also help to shape a state by advising government officials. Modern diplomatic methods, practices, and principles originated largely from 17th-century European custom. Beginning in the early 20th century, diplomacy became professionalized; the 1961 Vienna Convention on Diplomatic Relations, ratified by most of the world's sovereign states, provides a framework for diplomatic procedures, methods, and co ...
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Economic Diplomacy
Economic diplomacy is a form of diplomacy that uses the full spectrum of economic tools of a state to achieve its national interests. The scope of economic diplomacy can encompass all of the international economic activities of a state, including, but not limited to, policy decisions designed to influence exports, imports, investments, lending, aid, free trade agreements, etc. Economic diplomacy is concerned with economic policy issues, e.g. work of delegations at standard setting organizations such as World Trade Organization (WTO). Economic diplomats also monitor and report on economic policies in foreign countries and give the home government advice on how to best influence them. Economic diplomacy employs economic resources, either as rewards or sanctions, in pursuit of a particular foreign policy objective. This is sometimes called "economic statecraft". Background and definitions Economic diplomacy is traditionally defined as the decision-making, policy-making and advocatin ...
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Tourism
Tourism is travel for pleasure or business; also the theory and practice of touring (other), touring, the business of attracting, accommodating, and entertaining tourists, and the business of operating tour (other), tours. The World Tourism Organization defines tourism more generally, in terms which go "beyond the common perception of tourism as being limited to holiday activity only", as people "travelling to and staying in places outside their usual environment for not more than one consecutive year for leisure and not less than 24 hours, business and other purposes". Tourism can be Domestic tourism, domestic (within the traveller's own country) or International tourism, international, and international tourism has both incoming and outgoing implications on a country's balance of payments. Tourism numbers declined as a result of a strong economic slowdown (the late-2000s recession) between the second half of 2008 and the end of 2009, and in consequence of t ...
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Intellectual Property
Intellectual property (IP) is a category of property that includes intangible creations of the human intellect. There are many types of intellectual property, and some countries recognize more than others. The best-known types are patents, copyrights, trademarks, and trade secrets. The modern concept of intellectual property developed in England in the 17th and 18th centuries. The term "intellectual property" began to be used in the 19th century, though it was not until the late 20th century that intellectual property became commonplace in the majority of the world's legal systems."property as a common descriptor of the field probably traces to the foundation of the World Intellectual Property Organization (WIPO) by the United Nations." in Mark A. Lemley''Property, Intellectual Property, and Free Riding'', Texas Law Review, 2005, Vol. 83:1031, page 1033, footnote 4. The main purpose of intellectual property law is to encourage the creation of a wide variety of intellectual goo ...
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Telecommunications
Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that feasible with the human voice, but with a similar scale of expediency; thus, slow systems (such as postal mail) are excluded from the field. The transmission media in telecommunication have evolved through numerous stages of technology, from beacons and other visual signals (such as smoke signals, semaphore telegraphs, signal flags, and optical heliographs), to electrical cable and electromagnetic radiation, including light. Such transmission paths are often divided into communication channels, which afford the advantages of multiplexing multiple concurrent communication sessions. ''Telecommunication'' is often used in its plural form. Other examples of pre-modern long-distance communication included audio messages, such as coded drumb ...
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Accounting
Accounting, also known as accountancy, is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations. Accounting, which has been called the "language of business", measures the results of an organization's economic activities and conveys this information to a variety of stakeholders, including investors, creditors, management, and regulators. Practitioners of accounting are known as accountants. The terms "accounting" and "financial reporting" are often used as synonyms. Accounting can be divided into several fields including financial accounting, management accounting, tax accounting and cost accounting. Financial accounting focuses on the reporting of an organization's financial information, including the preparation of financial statements, to the external users of the information, such as investors, regulators and suppliers; and management accounting focuses on the measurement ...
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Defence Diplomacy
In international politics, defence diplomacy refers to the pursuit of foreign policy objectives through the peaceful employment of defence resources and capabilities. Origin of concept Defence diplomacy as an organizing concept for defence-related international activity has its origin in post- Cold War reappraisals of Western defence establishments, led by the United Kingdom Ministry of Defence, and was a principle “used to help the West come to terms with the new international security environment.” While the term originated in the West, the conduct of defence diplomacy is by no means confined to Western countries. Development While there is not yet a broadly accepted definition of defence diplomacy, it can be understood as the peaceful application of resources from across the spectrum of defence, to achieve positive outcomes in the development of a country's bilateral and multilateral relationships. "Military diplomacy" is a subset that tends to refer only to the role of ...
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Economic Diplomacy
Economic diplomacy is a form of diplomacy that uses the full spectrum of economic tools of a state to achieve its national interests. The scope of economic diplomacy can encompass all of the international economic activities of a state, including, but not limited to, policy decisions designed to influence exports, imports, investments, lending, aid, free trade agreements, etc. Economic diplomacy is concerned with economic policy issues, e.g. work of delegations at standard setting organizations such as World Trade Organization (WTO). Economic diplomats also monitor and report on economic policies in foreign countries and give the home government advice on how to best influence them. Economic diplomacy employs economic resources, either as rewards or sanctions, in pursuit of a particular foreign policy objective. This is sometimes called "economic statecraft". Background and definitions Economic diplomacy is traditionally defined as the decision-making, policy-making and advocatin ...
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Energy Diplomacy
Energy diplomacy is a form of diplomacy, and a subfield of international relations. It is closely related to its principal, foreign policy, and to overall national security, specifically energy security. Energy diplomacy began in the first half of the twentieth century and emerged as a term during the second oil crisis as a means of describing OPEC's actions. It has since mainly focused on the securitization of energy supplies, primarily fossil fuels, but also nuclear energy and increasingly sustainable energy, on a country or bloc basis. Background Energy diplomacy emerged as a term during the second oil crisis as a means of describing OPEC's actions and of characterizing the quest for the United States to secure energy independence and the Cold War relationship between Russia and satellite states regarding oil and gas exports. Since the oil crises, energy diplomacy has mainly focused on the securitization of energy supplies on a country or bloc basis and on the foreign policy ...
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Medical Diplomacy
Medical diplomacy or public health diplomacy is a form of diplomacy. It is the provision of medical assistance, including vaccines, or aid for the purpose of furthering national goals. It is often considered to be a form of soft power but it has various harder aspects. History Medical diplomacy related to the COVID-19 pandemic was often termed “mask diplomacy” due to surgical masks being the primary good transferred. It has spurred new global players to enter this space, such as Russia which sent medical personnel to Italy at the onset of the current crisis in a mission called “From Russia with Love”. By country Cuba Medical diplomacy is a cornerstone of Cuban foreign policy. Cuba has engaged in medical diplomacy since the 1960s. China China's early success in responding to the COVID-19 pandemic facilitated its "mask diplomacy." Chinese ownership of much of the global medical supply chain enhanced its ability to send doctors and medical equipment to suffering countries. ...
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Public Diplomacy
In international relations, public diplomacy or people's diplomacy, broadly speaking, is any of the various government-sponsored efforts aimed at communicating directly with foreign publics to establish a dialogue designed to inform and influence with the aim that this foreign public supports or tolerates a government's strategic objectives. These also include propaganda. As the international order has changed over the 20th century, so has the practice of public diplomacy. Its practitioners use a variety of instruments and methods ranging from personal contact and media interviews to the Internet and educational exchanges. Background and definitions In his essay "'Public Diplomacy' Before Gullion: The Evolution of a Phrase," Nicholas J. Cull of the USC Center on Public Diplomacy writes, "The earliest use of the phrase 'public diplomacy' to surface is actually not American at all but in a leader piece from the ''London Times'' in January 1856. It is used merely as a synonym fo ...
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