Ekonomiliput
Ekonomiliput, also known as economic diplomacy, refers to the use of economic tools and strategies to achieve political goals. It is a form of soft power that leverages economic influence to promote national interests, foster international cooperation, and address global challenges. Economic diplomacy can take various forms, including trade agreements, investment incentives, development aid, and economic sanctions.
One of the primary objectives of ekonomiliput is to enhance a country's economic standing and influence on
Development aid plays a crucial role in ekonomiliput, as it helps developing countries improve their infrastructure,
Economic sanctions, on the other hand, are used as a tool of economic diplomacy to exert pressure
Ekonomiliput is a multifaceted approach that combines economic tools with diplomatic efforts to achieve political objectives.