Economy
The economy is an essential attribute of power and a major component of international relations. While geopolitical tensions are on the rise, economic interdependence remains strong.
Related Subjects
The CPTPP and UK’s accession: What global implications?
The UK is the first State which formally applied to join the CPTPP. Its bid was accepted in early June 2021.
The Biden administration in turmoil (video replay)
Celebrating its 20th edition, Ifri's Annual Conference on the United States convened a first panel on national politics and a second on the evolution of U.S. trade. An exchange between Thierry de Montbrial and Henry Kissinger, 56th Secretary of State, concluded the day. Videos of all interventions are below.
What are the impact of the COVID-19 crisis on Japan's economic security?
In this interview, Shin Oya, Senior Consulting Fellow, Asia Pacific Initiative and Chief Representative for Strategic Research, JBIC looks at COVID-19's impact on economic security in Japan.
Rethinking Economic Security in the (Post) COVID-19 World
The COVID-19 crisis has highlighted the risks of an excessive dependence on one single economic partner and has prompted a rethinking of what economic security really entails.
What is Korea getting at through its New Southern Policy ?
In this interview, Wongi Choe, head of Center for ASEAN–India Studies at the Korea National Diplomatic Academy (KNDA) looks at the rationale for and the content of Korea's New Southern Policy.
Technology and Economics: Techno-nationalism VS Techno-globalism in East Asia
Trade, Investments, Technology, Climate Change, Human Rights: How should the EU Deal with China?
Ifri, the Austro-French Centre for Rapprochement in Europe and Konrad Adenauer Foundation Multilateral Dialogue organized a videoconference called "Trade, Investments, Technology, Climate Change, Human Rights: How should the EU Deal with China? " on October 27, 2020.
World’s Rich Nations Jostle to Lead Globalization Clubhouse
The race to fill a role at the heart of world economic policy making is turning into a new battleground for the future of globalization.
Cyprus, to be remade, must resolve some issues
Cyprus is set to be ‘remade’ in the coming years through €1 billion in grants from the European Recovery Plan, as we’ve reported here, but there are a few issues to be resolved along the way, according to EU policy experts and economists.
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Can Huawei Face EU Fines Like Google and Apple?
The European Union’s chief antitrust official, Margrethe Vestager, has made her name tackling big corporate fish in pretty unconventional ways. A ruling on Alphabet Inc.’s Google, which came with a seven-figure fine, argued free services weren’t always good for the consumer, while those on Apple Inc. and Starbucks Corp. deemed that low taxes were illegal state aid (though some judges begged to differ).
The EU, the Indo-Pacific and the US-led IPEF: Which Way Forward?
The paper provides a European Union (EU) perspective on the Indo-Pacific Economic Framework (IPEF).
Is International Climate Finance Unfair and Inefficient?
Finance is arguably the most sensitive climate negotiation topic. Different studies have shown that rich countries emit the majority of greenhouse gas (GHG) emissions, while the climate footprint of the poorest countries is much more limited.
IRA: Towards Clean Hydrogen Leadership in the U.S.
Although late in adopting clean hydrogen (H2) and defining a national strategy–a draft was presented by the Department of Energy (DOE) in September 2022–, the United States (US) has strongly reinforced its support to clean hydrogen with the passage of the Inflation Reduction Act (IRA) in August 2022.
European and Japanese Soft Power Signal Renewed Influence of G7
The G7 summit in Hiroshima showcased a new international order in the making: in a world where security is indivisible, the priority should be to uphold a collectively shaped rules-based order and find a modus vivendi with China. The G7 can work toward this by taking into account the diverse perspectives of industrialized countries and the Global South, which prioritizes multi-alignment and autonomy. Japan and Europe played a critical role in this process.
Balancing Security and Innovation: Opposition's View on Turkey's Digital Policies
The upcoming presidential and parliamentary elections in Turkey on May 14, 2023, are expected to be closely contested. Polls suggest that the ruling AK Party-led People’s Alliance will lose its majority in parliament, resulting in a hung lower house.
Reshuffling Value Chains - South Korea as a Case Study
Despite all the talks about the reshuffling of value-chains and the trend to a form of industrial “Desinicization” (or decoupling/disengagement from China), the example of South Korea does not vindicate such assertions.
South Korea and IPEF: Rationale, Objectives and the Implications for Partners and Neighbors
As a key manufacturer of high-end technology components critical to the sustainability of the Fourth Industrial Revolution, South Korea is essential in any effort to rebuild a resilient global supply chain but also to the promotion of a clean economy. South Korea can thus contribute to two of the pillars of IPEF (Indo-Pacific Economic Framework), specially to pillars II and III (supply-chain resilience and a clean economy).
Whither China After 10 Years of Economic Policies Guided by Xi?
As the 20th national congress of the Chinese Communist Party (CCP) draws closer, this is an opportune moment to appraise China’s economic achievements over the past decade under President Xi Jinping’s guidance and to identify the challenges the country will have to address during the next five years.
Fishing for Chips: Assessing the EU Chips Act
China, the United States, and the European Union (EU) are currently developing strategies for semiconductors aimed at financing R&D and the installation of new factories on their territories, in particular through subsidies. The EU Chips Act, announced in February 2022, represents a real break in Europe's industrial policy.
The Sino-Lithuanian Crisis: Going beyond the Taiwanese Representative Office Issue
The year 2021 marked the 30th anniversary of the establishment of diplomatic relations between China and Lithuania. Instead of commemorative events and customary lofty rhetoric, the bilateral relationship rapidly plunged to a level rarely seen in either country’s foreign policies since the end of the Cold War.
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Geoeconomics and Geofinance Initiative
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.