The New Economic Diplomacy, fifth edition, explores how states conduct their external economic relations, make domestic decisions, negotiate internationally and how these processes interact. It provides the reader with an understanding of – and the means with which to analyse – the processes of decision-making and negotiation in international economic relations and clarifies our understanding of ‘economic diplomacy’ and how it can be understood as consisting of ‘commercial diplomacy’, ‘negotiating international cooperation’, ‘economic statecraft’ and ‘economic sanctions’.