International Relations is a subject related to diplomatic, state and also politics. In addition, International Relations also has relations with the economy or economy. International relations also have a central role in shaping a country's economy. In the current era of globalization, economic interconnection between countries is becoming increasingly complex which can have a significant impact on national economic stability. In this paper I will try to explain some aspects of the impact of International Relations on the economic stability of a country.
The first aspect I want to explain is international trade. One aspect of international relations that directly impacts a country's economy is international trade. By opening markets and expanding access to products and services from other countries can stimulate a country's economic growth and can experience economic growth. However, there are also risks that can disrupt the country's economic stability related to trade imbalances that can also trigger a global financial crisis
International relations are also the medium for the rapid spread of the financial crisis. The crisis in a country can expand easily and affect the stability of its national economy. Therefore, coordination and cooperation between countries are crucial in overcoming the negative impacts and global financial crisis.
In addition, there is also foreign direct investment or FDI which is a factor in international relations and can strengthen or harm national economic stability. FDI that includes can create jobs, improve technology and drive growth. However, being overly dependent on FDI can also make the economy vulnerable to global market fluctuations. In international relations, political uncertainty can create concern among investors and hinder investment and national economic growth. Effective economic diplomacy can help reduce political risks and create a conducive environment for investment.
Through a deep understanding of the impact of international relations on national economic stability, a country can take strategic steps to minimize risks and maximize the benefits that can be derived from this global interconnection.
