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Sören Scholvin and Mikael Wigell contend that China’s Belt and Road Initiative, Western sanctions against Iran and Russia, and much more demonstrate a clear trend: states are increasingly practicing power politics by economic means and military means appear to matter less. While this shift is captured by ‘geo-economics’, our authors contend there is no clear definition of the term. To help address this gap, Scholvin and Wigell here provide their conception of what ‘geo-economics’ means as an analytical approach as well as a foreign policy practice.