dollar diplomacy
Checkbook foreign policy
Dollar diplomacy is the use of economic power to advance foreign policy goals—extending loans, making investments, or threatening financial consequences to influence other nations.
The term originated in early 20th-century American policy toward Latin America and East Asia, where financial leverage substituted for military intervention.
It now describes any diplomatic strategy where money does the persuading: Critics accused the administration of dollar diplomacy in its dealings with developing nations.
International relations strategy
- geopoliticsGeography's role in statecraft
- international relationsCross-border political interactions
- negotiationsFormal discussion seeking agreement
- treatiesFormal agreements between states
alliances · ambassadors · envoys · State Department · soft power · hard power · bilateral · multilateral
Taxes on imports
- exportsGoods sold abroad
- importsGoods brought in
- trade agreementsFormal accords on commerce
- free tradeUnrestricted international exchange
protectionism · trade war · sanctions · embargoes · commodities · quotas · mercantilism · globalization
Fiscal force to compel
- leverageBorrowed capital for amplified returns
- strong-arm tacticsAggressive pressure methods
- arm-twistingForceful influence tactics
- manipulationUnderhanded control of others
imperialism · hegemony · neo-colonialism · dependency · exploitation · intervention · puppet states · client states
Borrowed money arrangements
- investmentDeploying capital for returns
- aidSupport given freely
- debtMoney owed another
- concessionsThings granted or yielded
infrastructure · development · World Bank · IMF · financial backing · credit · subsidies · grants
foreign policy
International relations strategy
- geopoliticsGeography's role in statecraft
- international relationsCross-border political interactions
- negotiationsFormal discussion seeking agreement
treaties · alliances · ambassadors · envoys · State Department · soft power · hard power · bilateral · multilateral · summits
tariffs
Taxes on imports
- exportsGoods sold abroad
- importsGoods brought in
- trade agreementsFormal accords on commerce
free trade · protectionism · trade war · sanctions · embargoes · commodities · quotas · mercantilism · globalization · trade deficit
economic pressure
Fiscal force to compel
- leverageBorrowed capital for amplified returns
- strong-arm tacticsAggressive pressure methods
- arm-twistingForceful influence tactics
manipulation · imperialism · hegemony · neo-colonialism · dependency · exploitation · intervention · puppet states · client states · sphere of influence
loans
Borrowed money arrangements
- investmentDeploying capital for returns
- aidSupport given freely
- debtMoney owed another
concessions · infrastructure · development · World Bank · IMF · financial backing · credit · subsidies · grants · bailout
dollar diplomacymilitary intervention
Use of troops abroad
gunboat diplomacy · military force · hard power · war · invasion
dollar diplomacyhumanitarian aid
Crisis relief for sufferers
foreign aid · Marshall Plan · debt forgiveness · non-interventionism · fair trade
dollar, dollars, diplomacy, diplomat, diplomats, diplomatic, diplomatically, undiplomatic