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THE JOURNAL OF ECONOMIC SCIENCES: THEORY AND PRACTICE, V.74, # 1, 2017, pp. 34-47
                     THE JOURNAL OF ECONOMIC SCIENCES: THEORY AND PRACTICE, V.74, # 1, 2017, pp. 34-47



                    attention  of  the  audience;  as  once  this  battle  is  won,  political  advantage  and
                    economic dividends are achieved by the nations.
                         Governments of states try to use popular brands for furthering nations‘ image
                    worldwide. Leverage for a brand to evolve at its own, is somewhat limiting due to
                    this growing influence.  ―It is no longer a question of 'to brand or not to brand' for a
                    state's government, but rather a decision of doing the branding or going bust‖ [Van
                    Ham,  Maarten. ―Job  access,  workplace  mobility,  and  occupational  achievement.‖
                    (2002)]. It is the buyers, not the sellers ‘opinion which matters. In other words, a
                    country should be selling what the ‗buyers‘ - that is, tourists and consumers abroad
                    - are interested in paying for, rather than what a ‗ seller ‘  - that is, a country, its
                    politicians  and  population  at  large  -  decides  to  offer  or  sell.  ―Ad  hoc brand
                    campaigns  rarely  if  ever  bring  expected  'dividends'.  To  be  effective,  image-
                    formation not only needs to be constantly managed, but also needs to rely on time-
                    tested  marketing  techniques.‖  [Ausra  Park,  ‗Selling  ‘a  small  state  to  the  world:
                    Lithuania‘s  struggle  in  building  its  national  image,  Place  Branding  and  Public
                    Diplomacy‖ (November 2008) 67-84].
                         Nation  Branding  in  Practice.  Nation  branding  can  be  defined  as  ―the
                    phenomenon  by  which  governments  engage  in  self-conscious  activities  aimed  at
                    producing a certain image of the nation state.‖ [Bolin, G. & P. Stahlberg. ―Between
                    Community and Commodity. Nationalism and Nation Branding.‖ In Communicating
                    the  Nation.  National  Topographies  of  Global  Media  Landscapes,  edited  by  Anna
                    Roosvall and Inka Solivara Moring, (2010) 79–101]. By employing soft power tools
                    intelligently, brands can heighten the national identity. Despite varied implications
                    of principles and practice of nation branding, the embedding of national identity in
                    brand  campaigns  enhances  the  consumers‘  understanding  as  national  citizens  and
                    global subjects. ―Nation branding is the art of applying the branding and marketing
                    communication  techniques  to  promote  nation‘s  image‖  [Ying  Fan.  ―Branding  the
                    Nation  –  What is  being branded? Journal  of Vacation Marketing, (2006) 12:1,  5-
                    14.]. ―Nation Branding is an issue beyond national pride. A nation‘s brand affects its
                    economy  -  it  matters  what  others  think  about  us.‖  [Tim  Lincoln,  2015.  ―Nation
                    Branding: Perception Can Be Reality — So Manage It‖].
                         ―Nation  branding  may  be  taken  as  a  commercial  practice,  which  has  emerged
                    since the end of the Cold War, as a mean for the nations to redefine and reposition
                    themselves  within  the  master  narrative  of  globalization  [Jansen,  S.  C.  ―Designer
                    Nations: Neo-Liberal Nation Branding – Brand Estonia.‖ Social Identities 14 (1): (2008)
                    121–142.]. Apposite nation branding complements the commitment of citizens to the
                    terms of political self-determination and ideals of public communication.




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