Checkbook diplomacy

Checkbook diplomacy is a slogan used to in the press and other mass media, the foreign policy of a country is called, which is mainly to influence through financial support. In contrast, the term gunboat diplomacy, is used in the military to enforce political interests.

Examples

As an example, the foreign policy of the Federal Republic of Germany can serve under foreign minister Hans -Dietrich Genscher. Germany tried not to enforce its interests through military operations or other ways of exercising power, but also supported other governments with generous economic and development assistance in order to make them weighed for German interests.

The Japanese foreign policy can be characterized as checkbook diplomacy. So Japan has to be reached in the U.S., the second largest development aid budget in the world, among others used it also majorities in favor of his whaling in the International Whaling Commission.

As a concrete example of checkbook diplomacy, monetary payments of Germany and Japan can be called during the Second Gulf War. Although the two countries did not provide troops for the offensive in Iraq, the coalition forces led by the U.S. but supported with billions.