There are carrots, there are sticks, and there’s soft power. According to the most common definitions of the term used after American political scientist Joseph Nye made it a foreign policy byword, soft power is one of three ways in which a nation is able to effect a desired outcome in an international context. One, through military might, threats and coercion; two, through the use of economic and financial blandishments and sanctions. These two are together considered as a country’s hard power. (Read More)
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