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
America Is More Than Trump. Europe Should Defend the Iran Deal without Burning Bridges to the US
US President Donald Trump’s decision to withdraw from the 2015 Iran nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA), will severely degrade regional and global security. His decision has increased the risk of war and a nuclear arms race in the Middle East and beyond.
New Consumption Spaces for the New Middle Classes? Shopping Centres in Abidjan
Since 2011 and the end of the post-election crisis, Côte d’Ivoire has returned to impressive economic growth. The country and its capital are drawing attention from a growing number of investors, and the “Abidjanian middle classes” are widely publicised and sought after.
Macron, Diplomat: A New French Foreign Policy?
How can we define Emmanuel Macron’s foreign policy since he took office? After Nicolas Sarkozy’s brazen style of “gutsy diplomacy” and François Hollande’s “normal diplomacy”, the eighth president of the Fifth Republic seems to have opted for an agile classicism. In substance, he makes no claim to any radical break with the past, but sees his approach as being in line with historical tradition.
Trump's Tax Reform and Trade Policy: Renewables Spared, Oil Industry Wins
The energy sector is one where the break between the Trump and Obama administrations is the most pronounced. The three officials in charge, Rick Perry at the Department of Energy (DoE), Scott Pruitt at the Environmental Protection Agency (EPA) and Ryan Zinke at the head of the Department of the Interior (DoI), share the same indifference to the issue of climate change, the same will to encourage oil and gas production in the USA in order to bring an era of American “energy dominance”, the same desire to promote the extraction of “beautiful, clean coal”, to paraphrase President Trumps’s State of the Union address, and the same deep mistrust of renewable energies such as wind and solar.
China in the Mediterranean: An Emerging Presence
The Chinese presence in the Mediterranean is raising new questions among the diplomatic services of the Maghreb countries, as well as those of southern Europe. Indeed, over the past five years, China has been translating its national priorities with increasing activism in the Mediterranean.
The EU Battery Alliance. Can Europe Avoid Technological Dependence?
With the launch of its “battery alliance”, the European Union is finally taking up the industrial battle with Asia and hopes to meet a large share of the surging demand for electrical batteries. Yet, the clock is ticking and the future of battery manufacturing in Europe depends primarily on the strategies that automakers will adopt.
Mixing Business with Europe: What Role for Companies on the Future of the EU?
The European Union (EU) is facing what the European Commission President, Jean-Claude Juncker, calls a ‘polycrisis’. The EU is under increasing pressure to deliver and address citizens’ concerns.
A Brave New World for Trade
The global environment for trade is undergoing significant changes. New emerging players such as China are aiming to adapt the rules and institutions inherited from the postwar Bretton Woods system.
Chinese Think Tanks: Ambitions and Contradictions
Since Xi Jinping became president of China, the number of think tanks has considerably increased.
Is South Africa at Risk? A Political Economy Analysis
The President, Jacob Zuma, replaced his respected Minister of Finance, Pravin Gordhan, on the 30th March 2017. It was the second attempt in two years (this time successful) to put an official in this key position who is "acquiescent" to the president's projects.
Michala MARCUSSEN - Trump: One Year After The Election
Is the American economy doing well? Will the Tax Reform change this? How could the bond markets evolve in 2018?
Karlyn BOWMAN - Trump: One Year After The Election
3 questions to Karlyn BOWMAN, Senior Fellow, American Entreprise Institute
Chinese Investment in Europe. A Country-Level Approach
Chinese investments in Europe have surged in recent years, becoming both a source of hope and growing concern across the continent.
France and Japan in Africa: a Promising Partnership
If some African countries are on their way to achieving dynamic economic growth, many are also still struggling with a lack of economic and social infrastructure, latent governance issues and often complex and risky security environments. In this context, both Japan and European countries, especially France, are making efforts to increase not only their development assistance, but also private investments and security cooperation in Sub-Saharan Africa.
The German landscape of foundations and think tanks.
The number of crises we face is rising, due to failing states, wars and armed conflicts, poverty and lack of good governance in many countries. State and society are constantly confronted with new challenges. These crises occur simultaneously and at an ever faster pace.
Hong Kong, 20 ans years after the retrocession
20 years after its retrocession to China, the 1st July 1997, what are the political and institutionnal autonomy guaranties for Hong Kong, while Carrie Lam is about to take its lead? How long will Hong Kong youth claim its own identity? What challenges for the World City?
The China-Pakistan Economic Corridor and the New Regional Geopolitics
The China-Pakistan Economic Corridor (CPEC) brings a dimensional shift in the two countries' relations at a time of significant geopolitical change. But while it promises wide-ranging benefits for infrastructure development and economic growth in Pakistan, a number of important challenges remain to be overcome if the project is to be sustainable and produce long-term benefits for Pakistanis.
The ASEAN Economic Community’s Original Integration Model
When it was created 50 years ago, ASEAN's (Association of Southeast Asian Nations) economic ambitions were rather modest. However, up until 1992 it progressively integrated the economies of its member states.
Japan's Revived African Policy
By organising TICAD (Tokyo International Conference on African Development) for the first time in Africa in August 2016, Japan intended to accelerate and deepen its relationship with the continent.
ASEAN at 50: Half a Century of Unique Experience
In its fifty-year existence, the Association of Southeast Asian Nations (ASEAN) has developed a complex, progressive and balanced approach to regional integration. Rather than the European Union’s far-reaching statements of ever-closer union, ASEAN combines highly diverse economic and political strategies of different States whose main priority is to safeguard sovereignty.
The European Power System - Decarbonization and Cost Reduction: Lost in Transmissions?
Europe’s energy policy is commonly defined by three axes of equal importance: security of supplies, competitiveness and sustainable development. The European Commission is mandated to develop the policy tools that allow the implementation of this common policy. Early on, challenges arose from the trade-offs to be made not only between these three pillars but also between a common European policy and national approaches. The European Commission has always had to struggle in attempting to keep a balanced line.
Is Turkey an Economic Exception?
This roundtable dealt with the specificities of Turkey"s economy, which is completing major economic achievements in particularly difficult times. François Faure analyzed the risks of an economic backlash following the European crisis; Turkey appears indeed in a weaker position than in 2008 and difficult times could lie ahead. Esen Çağlar pointed out how Turkey progressed from a low-technology to medium-technology economy, thus ensuring considerable levels of growth. Yet, a renewed reform agenda is needed if Turkey wants to maintain its economic performance. Deniz Ünal addressed the issue of economic governance under the AKP and the consistency of their economic policy agenda. In any case, Europe will most certainly play a role in the country"s economic future. According to Rémi Bourgeot, the Middle East cannot provide an alternative to European markets even if it offers interesting opportunities for the Turkish South East. Turkey"s future growth will also depend on its capacity to impose itself as a corridor between Europe and its neighbours energy resources.
Innovation Policy Challenges for Japan: An Open and Global Strategy
Productivity is increasingly important in the Japanese economy as an aging and shrinking population is expected to constrain labor input. Thus, the creation of innovation is critical for realizing economic growth and maintaining Japan's international competitiveness. Specifically, emerging countries such as China and South Korea are quickly catching up on Japan's level of technological prowess in electronics and other high-tech industries. For that reason, continual investment in R&D and provision of products and services that are competitive in the global market are crucial for Japan's international competitiveness.
East Asian Regional Economic Integration: A Post-Crisis Update
To the surprise of many analysts, the outbreak of the global financial crisis (GFC) in 2008 did not leave East Asian economies unscathed. The objective of the paper is to examine the implications of the GFC for the regional economic integration process in East Asia, taking into account both the de facto and the de jure dimensions.
Toward Higher Household Consumption? An Up-to-Date Analysis of China's Economic Transition
For more than two decades, China's economy has been growing at an average rate of close to 10 percent. As a result of this stellar performance, China ascended to the rank of the world's second largest economy in 2010, surpassing Japan.
The Evolving Role of Southeast Asia in Global FDI Flows
This paper traces the evolution of FDI in ASEAN and discusses future prospects for the region as a host - and increasingly home - to FDI.
No Longer the 'Reactive State': Japan's Pro-Active Free Trade Posture
In late 2010, the Kan government proclaimed a very ambitious trade agenda, leaving no doubt as to its commitment to free trade. The Basic Policy on Comprehensive Economic Partnerships aimed to promote "high-level economic partnerships with major trading powers" and to "open up the country", including collecting information on the Trans-Pacific Partnership (TPP) and consulting with the parties to it.
Decoupling the Oil and Gas Prices: Natural Gas Pricing in the Post-Financial Crisis Market
This paper looks into natural gas pricing in the post-financial crisis market and, in particular, examines the question whether the oil-linked gas pricing system has outlived its utility as global gas markets mature and converge more rapidly than expected and as large new resources of unconventional gas shift the gas terms-of-trade.
The G20 and the Challenge of International Financial Re-regulation
The crisis, it is now widely accepted, means that markets failed. Meeting for the first time in Washington in November 2008, the G20 embarked in a ride of re-regulation. Months of negotiations later, it dramatically appears different to agree on principles and broad objectives, and to write and enforce rules and commitments.
Will We Drive Electric on Asian Batteries?
The development of the electric car market, supported by public funding, needs to be monitored closely. Currently, except for Renault benefiting from its electric partnership with Nissan, batteries for electric vehicles will most likely be outsourced. A lot of joint ventures are being signed with Asian battery companies and automotive suppliers. As a consequence, some argue that there is no rational to develop further and fund the European battery industry: batteries are already made more cheaply elsewhere.
Ifri, a foundation recognized as being of public utility, relies largely on private donors – companies and individuals – to guarantee its sustainability and intellectual independence. Through their funding, donors help maintain the Institute's position among the world's leading think tanks. By benefiting from an internationally recognized network and expertise, donors refine their understanding of geopolitical risk and its consequences on global politics and the economy. In 2026, Ifri partners with over 90 French and international companies and organizations.
To analyze the impact of power rivalries and tensions on globalization, this initiative combines economic and political expertise. In the face of growing geopolitical risk, the goal is to decipher the dynamics of reconfiguration: protectionist pressures, sanctions, restrictions, industrial policies, and economic security concerns are redefining the rules of international trade. These tensions are also transforming international financial relations by undermining the foundations of trust and reshaping the global monetary system. They raise questions about the role of several key players: sovereign wealth funds, central banks, digital platforms, multilateral institutions, and financial infrastructure operators. In a context of profound disruption, simply refining existing approaches is no longer sufficient. The initiative is designed as a flexible model, drawing on diverse expertise to offer both broad overviews and targeted analyses. It also provides a platform for stakeholders and experts from various backgrounds to debate these issues freely.