<abstract xmlns="http://www.w3.org/1999/xhtml">
<p>Elite global financiers and senior government officials engage in economic diplomacy as they work together to achieve their goals. However, their co-dependent relationship is a source of tension because their goals do not always align. The thesis is that elite financiers and senior government officials mitigate these inherent tensions in their economic diplomacy relationships through building moderate to strong ties with each other. The empirical evidence to examine this thesis comes from interviews with 10 elite financiers in leading global financial centres. Their responsibilities require they interface with senior government officials. The results demonstrate that moderate to strong ties developed in face-to-face meetings between financiers and senior officials comprise crucial mechanisms to manage the tensions in their economic diplomacy</p>
</abstract>

Elite global financiers and senior government officials engage in economic diplomacy as they work together to achieve their goals. However, their co-dependent relationship is a source of tension because their goals do not always align. The thesis is that elite financiers and senior government officials mitigate these inherent tensions in their economic diplomacy relationships through building moderate to strong ties with each other. The empirical evidence to examine this thesis comes from interviews with 10 elite financiers in leading global financial centres. Their responsibilities require they interface with senior government officials. The results demonstrate that moderate to strong ties developed in face-to-face meetings between financiers and senior officials comprise crucial mechanisms to manage the tensions in their economic diplomacy

Working Together: Elite Global Financiers and Senior Government Officials

Senior Lecturer in Management, Olin Business School

Economic Diplomacy

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

{"article-title":"Working Together: Elite Global Financiers and Senior Government Officials"}

Elite global financiers and senior government officials engage in economic diplomacy as they work together to achieve their goals. However, their co-dependent...

Working Together: Elite Global Financiers and Senior Government Officials

Published Online: Sep 02, 2023

Page range: 42 - 55

Received: Feb 14, 2023

Accepted: Apr 11, 2023

DOI: https://doi.org/10.2478/ecdip-2023-0003

Keywords
co-dependence, corporate diplomacy, economic diplomacy, face-to-face meetings, financiers, financial diplomacy, government officials, networks, strong ties

© 2023 David R. Meyer, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Working Together: Elite Global Financiers and Senior Government Officials

Published Online: Sep 02, 2023

Page range: 42 - 55

Received: Feb 14, 2023

Accepted: Apr 11, 2023

DOI: https://doi.org/10.2478/ecdip-2023-0003

Keywordsco-dependence, corporate diplomacy, economic diplomacy, face-to-face meetings, financiers, financial diplomacy, government officials, networks, strong ties

© 2023 David R. Meyer, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Keywords
co-dependence, corporate diplomacy, economic diplomacy, face-to-face meetings, financiers, financial diplomacy, government officials, networks, strong ties