What if the real battlefield of great-power competition is the global flow of money?The ability to mobilize and direct large pools of public and private capital across critical industries — defense, infrastructure, manufacturing, and technology — is becoming the defining instrument of contemporary economic statecraft. These industries operate largely in private balance sheets and global supply chains, meaning governments should increasingly align national priorities with private investment.As a result, a new toolkit of economic statecraft is emerging. Governments are turning to investment vehicles, financing platforms, and policy incentives that bring public priorities and private capital closer together.Contemporary economic statecraft nowThe post Follow the Money: Finance and the Future of Allied Economic Statecraft appeared first on War on the Rocks.