The current global reconfiguration of power encourages governments all over the world to reassess the effectiveness of domestic and foreign policies in the pursuit of their national interests. Since the beginning of the financial and economic crisis in July 2007, the role of the state and its involvement in the domestic economy is on the rise in European countries, as well as the United States. The potential for states to interfere in international economic relations for political purposes has subsequently grown. The concept of economic diplomacy is of critical importance to the international community at large. Economic Diplomacy: Japan and the Balance of National Interests contributes to a deeper understanding of this concept by examining its implementation in Japan, where economic diplomacy has been employed in foreign policy both longer and more thoroughly than in any other country in the world.