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Economy

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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.

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Publications
Press
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Migrations Between Mexico and the United States: More of the Same or a Headlong Rush?

Date de publication
09 April 2025
Accroche

As Trump prepares to tighten border controls with Mexico and carry out mass deportations of undocumented immigrants, Mexico is questioning the economic consequences of this migration policy and expects to have to negotiate the issue in connection with the tariffs imposed by the Trump administration. 

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European Startups and Generative AI: Overcoming Big Tech Dominance

Date de publication
07 April 2025
Accroche

Europe is at a crossroads. Faced with the domination of American Big Tech across the entire generative Artificial Intelligence (AI) value chain, from foundation models to cloud infrastructure, distribution channels, and open source, it risks long-term technological and economic decline. Yet generative AI also represents a major opportunity for economic transformation, with a potential value estimated at 1.5 times France’s gross domestic product (GDP). To turn it into a driver of renewal, Europe must move beyond the illusion of total technological independence and instead build an ecosystem that leverages Big Tech resources while strengthening its own innovation capabilities.

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Manufacturing Risk: Geopolitical Doxa and the Corporate World

Date de publication
02 April 2025
Accroche

The evolving power dynamics between the United States, China, and Russia are creating new geopolitical realities that businesses can no longer evade. Geopolitical risk has become unavoidable, yet many companies remain unprepared to navigate its complexities. Corporate leaders can no longer afford to overlook its implications.

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France and the Philippines should anchor their maritime partnership

Date de publication
28 March 2025
Accroche

With shared interests in promoting international law and sustainable development, France and the Philippines should strengthen their maritime cooperation in the Indo-Pacific. Through bilateral agreements, expanded joint exercises and the exchange of best practices, both nations can enhance maritime domain awareness, counter security threats and develop blue economy initiatives. This deeper collaboration would reinforce stability and environmental stewardship across the region.

The China-led AIIB, a geopolitical tool?

Date de publication
14 March 2025
Accroche

The establishment of the Asian Infrastructure Investment Bank (AIIB) in 2016, on a Chinese initiative, constituted an attempt to bridge the gap in infrastructure financing in Asia. However, it was also perceived in the West as a potential vehicle for China’s geostrategic agendas, fueling the suspicion that the institution might compete rather than align with existing multilateral development banks (MDBs) and impose its own standards.

Technical Standards, Soft Connectivity and China’s Belt and Road: Towards greater convergence or fragmentation?

Date de publication
14 February 2025
Accroche

As the intensification of geopolitical competition points toward increased global fragmentation, the definition of technical standards for future markets and industries will play an important role in determining just how deep the fissures will run. 

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Trump’s Second Term: Laying the Groundwork for a New Trade War

Date de publication
07 February 2025
Accroche

In a statement released on February 1, 2025, President Trump announced the implementation of a 10% tariff on Chinese goods and a 25% tariff on imports from Canada and Mexico. While the former took effect via executive order on February 4, the latter were granted a 30-day reprieve. Sanctions targeting European Union (EU) products are said to be imminent.

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India’s Quest for Economic Emancipation from China

Date de publication
23 January 2025
Accroche

In October 2024, the meeting between Chinese President Xi Jinping and Indian Prime Minister Narendra Modi initiated a thaw in relations between the two Asian powers. Has India's high level of economic dependence on China played an important role in bringing about this diplomatic shift?

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How Geopolitical Tensions Reshape Trade Patterns: Geoeconomic Fragmentation, or China’s Big Manufacturing Push?

Date de publication
16 December 2024
Accroche

A data-based analysis shows that widespread geoeconomic fragmentation of world trade is not visible, at least so far. In contrast, the geopolitically-motivated challenges to international coordination are striking, notably in relation with China's surging surplus in manufactured goods trade.

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Thirty-five years after the fall of the Berlin Wall: what’s new in the East?

Date de publication
07 November 2024
Accroche

As we celebrate the 35th anniversary of the fall of the Berlin Wall on November 9, 2024, let’s start from the premise that the Berlin Wall did not “fall” on the night of November 9, 1989. 

Image principale

Migrations Between Mexico and the United States: More of the Same or a Headlong Rush?

Date de publication
09 April 2025
Accroche

As Trump prepares to tighten border controls with Mexico and carry out mass deportations of undocumented immigrants, Mexico is questioning the economic consequences of this migration policy and expects to have to negotiate the issue in connection with the tariffs imposed by the Trump administration. 

Image principale

European Startups and Generative AI: Overcoming Big Tech Dominance

Date de publication
07 April 2025
Accroche

Europe is at a crossroads. Faced with the domination of American Big Tech across the entire generative Artificial Intelligence (AI) value chain, from foundation models to cloud infrastructure, distribution channels, and open source, it risks long-term technological and economic decline. Yet generative AI also represents a major opportunity for economic transformation, with a potential value estimated at 1.5 times France’s gross domestic product (GDP). To turn it into a driver of renewal, Europe must move beyond the illusion of total technological independence and instead build an ecosystem that leverages Big Tech resources while strengthening its own innovation capabilities.

Image principale

Manufacturing Risk: Geopolitical Doxa and the Corporate World

Date de publication
02 April 2025
Accroche

The evolving power dynamics between the United States, China, and Russia are creating new geopolitical realities that businesses can no longer evade. Geopolitical risk has become unavoidable, yet many companies remain unprepared to navigate its complexities. Corporate leaders can no longer afford to overlook its implications.

Image principale

France and the Philippines should anchor their maritime partnership

Date de publication
28 March 2025
Accroche

With shared interests in promoting international law and sustainable development, France and the Philippines should strengthen their maritime cooperation in the Indo-Pacific. Through bilateral agreements, expanded joint exercises and the exchange of best practices, both nations can enhance maritime domain awareness, counter security threats and develop blue economy initiatives. This deeper collaboration would reinforce stability and environmental stewardship across the region.

The China-led AIIB, a geopolitical tool?

Date de publication
14 March 2025
Accroche

The establishment of the Asian Infrastructure Investment Bank (AIIB) in 2016, on a Chinese initiative, constituted an attempt to bridge the gap in infrastructure financing in Asia. However, it was also perceived in the West as a potential vehicle for China’s geostrategic agendas, fueling the suspicion that the institution might compete rather than align with existing multilateral development banks (MDBs) and impose its own standards.

Technical Standards, Soft Connectivity and China’s Belt and Road: Towards greater convergence or fragmentation?

Date de publication
14 February 2025
Accroche

As the intensification of geopolitical competition points toward increased global fragmentation, the definition of technical standards for future markets and industries will play an important role in determining just how deep the fissures will run. 

Image principale

Trump’s Second Term: Laying the Groundwork for a New Trade War

Date de publication
07 February 2025
Accroche

In a statement released on February 1, 2025, President Trump announced the implementation of a 10% tariff on Chinese goods and a 25% tariff on imports from Canada and Mexico. While the former took effect via executive order on February 4, the latter were granted a 30-day reprieve. Sanctions targeting European Union (EU) products are said to be imminent.

Image principale

India’s Quest for Economic Emancipation from China

Date de publication
23 January 2025
Accroche

In October 2024, the meeting between Chinese President Xi Jinping and Indian Prime Minister Narendra Modi initiated a thaw in relations between the two Asian powers. Has India's high level of economic dependence on China played an important role in bringing about this diplomatic shift?

Image principale

How Geopolitical Tensions Reshape Trade Patterns: Geoeconomic Fragmentation, or China’s Big Manufacturing Push?

Date de publication
16 December 2024
Accroche

A data-based analysis shows that widespread geoeconomic fragmentation of world trade is not visible, at least so far. In contrast, the geopolitically-motivated challenges to international coordination are striking, notably in relation with China's surging surplus in manufactured goods trade.

Image principale

Thirty-five years after the fall of the Berlin Wall: what’s new in the East?

Date de publication
07 November 2024
Accroche

As we celebrate the 35th anniversary of the fall of the Berlin Wall on November 9, 2024, let’s start from the premise that the Berlin Wall did not “fall” on the night of November 9, 1989. 

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Can Huawei Face EU Fines Like Google and Apple?

18 June 2020
Accroche

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).

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Foreign Policy

Why Are Japan and South Korea in a Trade Fight?

16 July 2019
Accroche

Officially, Japan has “national security” concerns about technology exports to South Korea. Unofficially, World War II still casts an ugly shadow.

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Rare earths: Beijing threatens a new front in the trade war

04 June 2019
Accroche

China believes its near-monopoly gives it leverage over the US but supply cuts would spur rival producers.

Support independent French research

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 2025, Ifri supports more than 80 French and foreign companies and organizations.

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Related centers and programs
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Geoeconomics and Geofinance Initiative
Accroche centre

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.

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