From Wikipedia, the free encyclopedia Checkbook diplomacy
Checkbook diplomacy
diplomacy, diplomacy,
Checkbook diplomacy or chequebook diplomacy is used effort. However, during this time Germany was also pro-
to describe international policy openly using economic viding additional NATO navy units in other regions.
aid and investment between countries to carry diplomat-
ic favor.
In East Asia, the most significant example has been
See also
the competition between the People’s Republic of China • Dollar diplomacy
and the Republic of China (Taiwan) to gain "recognition" • Dollar hegemony
with entities around the world, notably in the Pacific[1]. • Petrodollar warfare
Stratfor has referred to them vying for the attention of
"geopolitically insignificant governments," as nearly all
major countries around the world have recognized the
External links
PRC as "China". • Google Scholar results for "checkbook diplomacy"
In April 2007, the island nation of St. Lucia made news
for recognizing Taiwan [2], to the displeasure of the PRC. References
The term has been used to describe German and Ja-
panese international involvement during and after Gulf [1] Young, Audrey (October 19, 2007). "Chequebooks
War I. Due to their history, both countries were unable brought out at Pacific forum". The New Zealand
to commit troops to the coalition, because of restrictions Herald. http://www.nzherald.co.nz/category/
placed into their constitutions when they were drawn up story.cfm?c_id=171&objectid=10470950. Retrieved
under allied occupation following World War II (see Ar- September 23, 2011.
ticle 9 of the Japanese Constitution and Art. 87a of the [2] Free Preview of Members-Only Content | Stratfor
Basic Law for the Federal Republic of Germany). Instead
they volunteered large amounts of financing for the war
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Categories:
• Foreign relations of Japan
• Foreign relations of Germany
• Political neologisms
• Diplomacy
• Political term stubs
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