The Role of Economic Instruments in German Policy on the European Continent in the 21st Century

Student: Sakhno Yana

Faculty: Faculty of World Economy and International Affairs

Educational Programme: International Relations (Bachelor)

Year of Graduation: 2016

This paper is devoted to the analysis of the economic tool elaborated by Germany in the framework of its foreign policy regarding Europe in the 21st century. The research touches upon both retrospective overview of German foreign policy and its today’s parameters in the light of German national interests related to the EU and the post-Soviet space. By means of such theoretic instruments as hegemonic stability, complex interdependence and securitization concepts, the following hypothesis was drawn, that increased economic influence of modern Germany provides the basis for its active political role by using hard power techniques represented primarily by positive (credits, investments) and negative (sanctions) economic instruments in terms of contemporary globalization processes and high costs of military power.

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