T-Economic Engagement
A. Economic engagement uses economic incentives – rather than political, social, or military ones
Haass and O’Sullivan 2K Richard N. Haass, formerly a senior aide to President George Bush, is Vice President and Director of Foreign Policy Studies at the Brookings Institution AND Meghan L. O’Sullivan, is a Fellow in the Foreign Policy Studies Program at the Brookings Institution Terms of Engagement: Alternatives to Punitive Policies Survival, vol. 42, no. 2, Summer 2000, pp. 113–35 Taylor & Francis online http://www.tandfonline.com/doi/abs/10.1093/survival/42.2.113#preview
Many different types of engagement strategies exist, depending on who is engaged, the kind of incentives employed and the sorts of objectives pursued. Engagement may be conditional when it entails a negotiated series of exchanges, such as where the US extends positive inducements for changes undertaken by the target country. Or engagement may be unconditional if it offers modifi- cations in US policy towards a country without the explicit expectation that a reciprocal act will follow. Generally, conditional engagement is geared towards a government; unconditional engagement works with a country’s civil society or private sector in the hope of promoting forces that will eventually facilitate cooperation.
Architects of engagement strategies can choose from a wide variety of incentives. Economic engagement might offer tangible incentives such as export credits, investment insurance or promotion, access to technology, loans or economic aid. 3 Other equally useful economic incentives involve the removal of penalties such as trade embargoes, investment bans or high tariffs, which have impeded economic relations between the United States and the target country. Facilitated entry into the global economic arena and the institutions that govern it rank among the most potent incentives in today’s global market. Similarly, political