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
Sustaining Multilateralism in a Multipolar World. What France and Germany Can Do to Preserve the Multilateral Order
While international multilateralism is under strain, it is vital for France and Germany to defend it, since it is the most appropriate system for preserving their interests – particularly in terms of welfare, security, prosperity and environmental protection. Against this backdrop, three political fields offer opportunities for joint initiatives: trade, conventional arms control and climate change.
The European Union in Crisis: What Challenges Lie ahead and Why It Matters for Korea
The EU is currently undergoing serious challenges from inside such as Brexit and strengthening Euroscepticism, rising populism and changing political geography, anti-immigration moods as well as retarded economic recovery.
The European Battery Alliance is Moving up a Gear
French battery cell manufacturer Saft and Opel, the German subsidiary of automaker PSA Group, are finalising the details of a major investment project in battery cell manufacturing. Is the European Union (EU) finally challenging Asia’s dominance on battery cells production? What chances of success for the European Battery Alliance (EBA) and what implications for the EU industrial policy?
China’s Belt & Road and the World: Competing Forms of Globalization
China increasingly sees its flagship foreign policy project as a tool for restructuring global governance and a vector for promoting a new form of globalization.
2019-2029: The World in 10 Years
The last four decades have witnessed the profound transformation of the very foundations of the international system: the globalization of trade, technical revolutions, the upheaval of the hierarchy of powers, the emergence of China, the explosion of the Middle-East, the mutation of conflicts and threats, climate concerns, etc.
Trump's trade policy: pushing back against China
Although not akin to the protectionist policies practiced by the United States through the 1930s, the trade war launched by the Trump administration since early 2018 challenges the principles and institutions of free trade.
Will the EU Let Itself Be Bought ? New Framework for Foreign Direct Investments in Europe
In 2016, Chinese foreign direct investment (FDI) inflows into the European Union (UE) reached a record high, in contrast to the steady decline in FDI flows from the EU to China. Beijing is looking for markets and strategic assets and particularly targets advanced technologies in major European economies, deploying an aggressive and sometimes opaque strategy.
Rare Earths and China: A Review of Changing Criticality in the New Economy
China’s dominance in the production of rare earth elements symbolizes the competition for once obscure sets of mineral resources in our increasingly digital, low carbon world.
The need for a strategic recycling approach to take up the challenge of critical metals
In September 2010, China stopped all exports of rare earths and associated products to Japan, depriving Japan’s industry of essential raw materials. This decision highlighted the tensions around the trade of critical materials and China’s monopoly on a group of particular metals. Western countries had already taken some initiatives so as to reduce, or at least to analyse their vulnerabilities in the segment of critical materials.
Digital Transformation of the Industry: The Franco-German Challenge
The issue of the digital transformation of the industry provoked in France as in Germany the return of the state and the introduction of a subsidiary industrial policy. Feeling threatened in its industrial leadership, Germany mobilized its resources through industry 4.0 by building a vision around the concept of “cyber-physical system” before developing in each Land an accompanying offer. France has forged the concept of the industry of the future by following a logic of modernization of the production tool, reinforcing particularly the automation and building on the integration of new technological bricks.
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