Checkbook diplomacy
Checkbook diplomacy is a catchphrase used in the press and other mass media to describe a country's foreign policy , which primarily relies on exerting influence through financial support. In contrast to this is the term gunboat diplomacy , in which the military is used to enforce power-political interests.
Examples
The foreign policy of the Federal Republic of Germany under Foreign Minister Hans-Dietrich Genscher can serve as an example . Germany did not try to enforce its interests through military operations or other ways of exercising power, but supported other governments with generous economic and development aid in order to make them balanced for German interests.
The Japanese foreign policy can be characterized as checkbook diplomacy. Japan has the second largest development aid budget in the world after the USA . a. also used to achieve majorities in the International Whaling Commission in favor of his whaling .
The monetary payments made by Germany and Japan in the course of the Second Gulf War can be cited as a concrete example of checkbook diplomacy . Although the two states did not provide any troops for the offensive in Iraq , they supported the coalition forces under the leadership of the USA with billions.
