Checkbook diplomacy
Encyclopedia
Checkbook diplomacy, or chequebook diplomacy, is used to describe international policy openly using economic aid and investment between countries to carry diplomatic favor.
In East Asia, the most significant example has been the competition between the People's Republic of China
and the Republic of China (Taiwan) to gain "recognition" with entities around the world, notably in the Pacific
. Stratfor
has referred to them vying for the attention of "geopolitically insignificant governments," as nearly all major countries around the world have recognized the PRC as "China".
In April 2007, the island nation of St. Lucia made news for recognizing Taiwan , to the displeasure of the PRC.
The term has been used to describe German
and Japan
ese international involvement during and after Gulf War I. Due to their history, both countries were unable to commit troops to the coalition, because of restrictions placed into their constitutions when they were drawn up under allied occupation following World War II
(see Article 9 of the Japanese Constitution
and Art. 87a of the Basic Law for the Federal Republic of Germany
). Instead they volunteered large amounts of financing for the war effort. However, during this time Germany
was also providing additional NATO navy units in other regions.
In East Asia, the most significant example has been the competition between the People's Republic of China
People's Republic of China
China , officially the People's Republic of China , is the most populous country in the world, with over 1.3 billion citizens. Located in East Asia, the country covers approximately 9.6 million square kilometres...
and the Republic of China (Taiwan) to gain "recognition" with entities around the world, notably in the Pacific
Sino-Pacific relations
Oceania is, to the People's Republic of China and the Republic of China , a stage for continuous diplomatic competition. The One China Policy dictates that no state can diplomatically recognize the sovereignty of both the PRC and the ROC. As of 2009, eight states in Oceania recognise the PRC, and...
. Stratfor
Stratfor
Strategic Forecasting, Inc., more commonly known as STRATFOR, is a global intelligence company founded in 1996 in Austin, Texas by George Friedman who is the founder, chief intelligence officer, and CEO of the company...
has referred to them vying for the attention of "geopolitically insignificant governments," as nearly all major countries around the world have recognized the PRC as "China".
In April 2007, the island nation of St. Lucia made news for recognizing Taiwan , to the displeasure of the PRC.
The term has been used to describe German
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
and Japan
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...
ese international involvement during and after Gulf War I. Due to their history, both countries were unable to commit troops to the coalition, because of restrictions placed into their constitutions when they were drawn up under allied occupation following World War II
World War II
World War II, or the Second World War , was a global conflict lasting from 1939 to 1945, involving most of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis...
(see Article 9 of the Japanese Constitution
Article 9 of the Japanese Constitution
Article 9 of the Japanese Constitution is a clause in the National Constitution of Japan that prohibits an act of war by the state. The Constitution came into effect on May 3, 1947, immediately following World War II. In its text, the state formally renounces war as a sovereign right and bans...
and Art. 87a of the Basic Law for the Federal Republic of Germany
Basic Law for the Federal Republic of Germany
The Basic Law for the Federal Republic of Germany is the constitution of Germany. It was formally approved on 8 May 1949, and, with the signature of the Allies of World War II on 12 May, came into effect on 23 May, as the constitution of those states of West Germany that were initially included...
). Instead they volunteered large amounts of financing for the war effort. However, during this time Germany
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
was also providing additional NATO navy units in other regions.