Chapter 9: International Economics: Basic Theory and Core Institutions

Outcome:

You have done a fair job of putting together an economic platform, although you have sacrificed global engagement for regional engagement and a domestic focus. You have taken steps to bolster the domestic economy and reach out to regional partners, although your regional partners do not appreciate your high tariffs. Additionally, the broader international community views your policy as a closed door policy, with high tariffs and no interest in international institutions reflecting a rejection of global markets and international partnerships, and thus many of them refuse to recognize your independence and sovereignty.

The overall downsides of your overall platform include an inconsistent message to your regional neighbors (membership in the regional trade bloc combined with high tariffs) and a failure to embrace the benefits of global markets. The strengths include a strong domestic focus and steps to boost Abkhazian production, as well as an open door to greater regional cooperation in the future. You have a potentially viable economic platform, although it may be a while before the broader international community welcomes you and acknowledges you as a sovereign state and international economic actor.