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Multi-alignment and De-risking: The Global South Response to World Fragmentation

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Turbulences and conflicts threaten the stability of the global order. What is the Global South’s response to these risks?

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The Global South’s response to these fragmentation risks can analyzed as taking two main forms: a political one through multi-alignment and an economic one aimed at de-risking. Through multi-alignment, countries in the South aim to broaden their alliances with major global poles, freeing themselves from the ideological constraints of the past to reduce geopolitical risks. De-risking entails the strengthening of economic cooperation within the Global South. This Ifri Paper analyses and illustrates these responses.

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979-10-373-0927-3

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Multi-alignment and De-risking: The Global South Response to World Fragmentation

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Geoeconomics and Geofinance Initiative
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Economic questions are approached from a political economy perspective: the evolution of the global economic system, governance and institutions, dynamics and trends of various economic zones (United States, Russia, China, emerging markets...). European issues are at the core of our research. 

Critical Raw Materials, Economic Statecraft and Europe's Dependence on China

Date de publication
01 October 2024
Accroche

As China tightens export controls on critical minerals, it is important to put Beijing's policies in perspective and analyse how Europe can respond.  

Strengthening US-EU Cooperation on Technical Standards in an Era of Strategic Competition

Date de publication
26 May 2023
Accroche

Transatlantic ties have had a rough go in recent months. After an unprecedented degree of alignment on Russia in the first half of 2022, including the quick and efficient rollout of a series of groundbreaking sanctions packages, the United States and Europe stepped back into dispute territory with the fallout from measures taken by Washington, notably some key provisions of the pathbreaking Inflation Reduction Act (IRA) passed last summer.

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European Union–Republic of Korea Cooperation on Economic Security: Opportunities, Limits and Challenges

Date de publication
17 June 2024
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This piece is a revised version of a paper presented at the conference on “New Convergences in EU-ROK Economic Security Relations”, organised in Rome on 30 January 2024 by the Istituto Affari Internazionali (IAI).

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France Adapts to an Era of Strategic Competition With China

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05 June 2024
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Under Macron, France is positioning itself as a "balanced power," carefully navigating the complexities of engaging with China. 
 
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American dollar, Chilean peso and Argentinian peso
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Multi-alignment and De-risking: The Global South Response to World Fragmentation