Conference Paper

The focus of this research is to assess how economic diplomacy as a state policy could achieve better economic results. This research is theoretical, drawing empirical evidence on the implementation of economic diplomacy in two small EU countries, the Republic of Slovenia and the Kingdom of Denmark, and the Republic of Macedonia. The research is based on qualitative analyses, as well as recommendations and results, which could be of interest for policy makers in public administration and in academic circles. The paper examines the concept and experiences of economic diplomacy in the Republic of Slovenia and in the Kingdom of Denmark, as small countries with populations between 2 and 6 million citizens. Special attention is paid to the role of the Ministries of Foreign Affairs in the selected countries and on the coordination with other national institutions. Next, we investigate whether the economic diplomacy in the two countries is in accordance with their policy of sustainable economic growth?