Home World News How the SMU business school can help the Foreign Service succeed abroad

How the SMU business school can help the Foreign Service succeed abroad

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Business executives know too little about diplomacy and U.S. diplomats know even less about business, a knowledge gap that diminishes the effectiveness of commerce and diplomacy and carries serious consequences.

The world is in an existential clash between Western-style market economies and state-run economies whose key businesses, unlike those in the United States, have the full resources of the state at their disposal. China is particularly astute at weaponizing economic investment overseas to coerce and exploit developing nations and to step into the vacuum that occurs when U.S. leadership fails to effectively promote global free market competition.

The answer is not for the United States to forgo free markets in favor of clunky state-run enterprises, but to promote diplomacy that helps develop overseas business opportunities that can make the United States economically stronger and geopolitically more influential.

Enter the Center for Commercial and…

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