The Role of Financial Innovation in Economic Diplomacy and Regional Energy Integration A Focus on Laos

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Bibliographic Details
Main Author: Phalakhone Linthong
Other Authors: Khinsamone Dr. Souksivan
Koudela Pál
Format: Thesis
Kulcsszavak:Economic Diplomacy
energiapolitika
energy policy
Financial innovation
gazdaságdiplomácia
innováció
Laos
Regional Energy Integration
Online Access:http://dolgozattar.uni-bge.hu/58950
Description
Abstract:My intention to choose this topic originated from the fact that I am from Laos, and I believethat Laos plays an important role in the energy sector in Southeast Asia. I have always beeninterested in how a small country like Laos can become an important part of regionalcooperation. In recent years, energy integration has become a key issue in economic diplomacy,and Laos has been at the center of this process. I wanted to learn more about how financial toolsand innovation help countries like Laos grow and connect with other nations through energyprojects.Economic diplomacy refers to the utilization of economic means to strengthen state-to-staterelationships. It incorporates such factors as trade, investment, and subregional cooperation.Economic diplomacy today is no longer a matter of trade talks or summits betweengovernments. It also incorporates the utilization of finance and new technologies to serve long-term development objectives. Financial innovation through co-investment or new investmentis one of the largest sources of infrastructure development, including dams and transmissionlines. It is most critical in the energy sector.