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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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How to Jumpstart Economic Recovery in Syria? The role of syrian entrepreneurs in Turkey

Date de publication
21 November 2025
Accroche

This report examines the potential role of Syrian-partnered companies operating in Türkiye in supporting economic recovery and reconstruction efforts in Syria. Based on data collected through field research and surveys conducted by the Economic Policy Research Foundation of Türkiye (TEPAV), the report provides an overview of the business characteristics, sectoral distribution, and cross-border economic activities of Syrian entrepreneurs. The report explores how this business activity could contribute to restoring supply chains, stimulating local production, and generating employment.

Güven SAK Ece Berfin ERGEZER
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Central Securities Depositories and Geopolitical Risks: Challenges for European Policy

Date de publication
14 November 2025
Accroche

Central Securities Depositories (CSDs) form the backbone of financial market infrastructure by registering securities, settling trades, distributing cash flows, and managing collateral. While often regarded as mere financial “plumbing,” they in fact underpin strategic objectives such as advancing the Savings and Investment Union, curbing tax evasion, and reinforcing Europe’s geopolitical stance. 

Olena HAVRYLCHYK
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Claiming "The People": Youth Booms, Ailing Authoritarians and "Populist" Politics in Kenya, Uganda, and Tanzania

Date de publication
31 October 2025
Accroche

This study analyses the emergence of so-called “populist” political tendencies in three East African countries: Kenya, Uganda and Tanzania. It builds its analysis on a wider discussion of the term “populism”, its use and applicability in (eastern) African settings before going on to examine the drivers of three cases of populism: William Ruto’s 2022 election victory in Kenya and the “Hustler Nation”; Bobi Wine’s opposition to Yoweri Museveni in Uganda; and John Magufuli highly personal style of government in Tanzania.

Peter LOCKWOOD
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Kazakhstan After the Double Shock of 2022: Political, Economic and Military Consequences

Date de publication
28 October 2025
Accroche

The year 2022 represented a dual shock for Kazakhstan. In January, the country faced its most severe political crisis since independence, followed in February by Russia’s full-scale invasion of Ukraine, which cast uncertainty over the borders of post-Soviet states. These consecutive crises profoundly shaped Kazakhstan’s domestic and foreign policy.

Vera GRANTSEVA Rakhimbek ABDRAKHMANOV
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Brazil One Year Away from the October 2026 General Elections

Date de publication
23 October 2025
Accroche

Brazil’s general elections will be held on October 4, 2026, to elect the president, vice-president, members of the National Congress, governors, deputy governors and state legislative assemblies. For the presidential and gubernatorial elections, a second round will be held on October 25 if no candidate obtains a majority of the votes in the first round. 

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EU’s Derisking From China: A Daunting Task

Date de publication
09 October 2025
Accroche

With economic security as a major concern, the EU has recently turned to “derisking” from China. The EU strategy entails reducing critical dependencies and vulnerabilities, including in EU supply chains, and diversifying where necessary, while recognizing the importance and need to maintain open channels of communication.

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The Strategic Dimension of Skills in the Clean Industrial Deal

Date de publication
29 September 2025
Accroche

In the competitiveness and energy transition battles, the European Union (EU) must master a determinant factor: skills. 

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Sri Lanka’s NPP Government. From System Change to Structural Compliance

Date de publication
24 September 2025
Accroche

In September 2024, a relative outsider to Sri Lanka’s two-party-dominated political system, Anura Kumara Dissanayake, won the presidential elections. The anti-establishment, populist movement he represented, the National People’s Power (NPP), went on to receive an overwhelming mandate in the November 2024 general elections, winning 159 seats in a 225-member parliament.

Harindra B. DASSANAYAKE Rajni GAMAGE
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Japan Under Trump: Alliance Strains, the Push for Autonomy and Essential Partnerships

Date de publication
19 September 2025
Accroche

Japan is under pressure from the United States (US) on punitive tariffs and demands for increased defence spending. This has sparked deep concern over US credibility and triggered growing domestic calls for greater autonomy.

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Imaginary and Reality of the Franco-German border: a Laboratory for Europe of tomorrow

Date de publication
16 September 2025
Accroche

In Europe, the question of borders is a central issue. According to the European Parliament, border regions cover around 40% of the European Union (EU) territory, concentrate 30% of its population and produce nearly a third of its gross domestic product. 

Claire DEMESMAY, Director of Institut français de Bonn
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How to Jumpstart Economic Recovery in Syria? The role of syrian entrepreneurs in Turkey

Date de publication
21 November 2025
Accroche

This report examines the potential role of Syrian-partnered companies operating in Türkiye in supporting economic recovery and reconstruction efforts in Syria. Based on data collected through field research and surveys conducted by the Economic Policy Research Foundation of Türkiye (TEPAV), the report provides an overview of the business characteristics, sectoral distribution, and cross-border economic activities of Syrian entrepreneurs. The report explores how this business activity could contribute to restoring supply chains, stimulating local production, and generating employment.

Güven SAK Ece Berfin ERGEZER
Image principale

Central Securities Depositories and Geopolitical Risks: Challenges for European Policy

Date de publication
14 November 2025
Accroche

Central Securities Depositories (CSDs) form the backbone of financial market infrastructure by registering securities, settling trades, distributing cash flows, and managing collateral. While often regarded as mere financial “plumbing,” they in fact underpin strategic objectives such as advancing the Savings and Investment Union, curbing tax evasion, and reinforcing Europe’s geopolitical stance. 

Olena HAVRYLCHYK
Image principale

Claiming "The People": Youth Booms, Ailing Authoritarians and "Populist" Politics in Kenya, Uganda, and Tanzania

Date de publication
31 October 2025
Accroche

This study analyses the emergence of so-called “populist” political tendencies in three East African countries: Kenya, Uganda and Tanzania. It builds its analysis on a wider discussion of the term “populism”, its use and applicability in (eastern) African settings before going on to examine the drivers of three cases of populism: William Ruto’s 2022 election victory in Kenya and the “Hustler Nation”; Bobi Wine’s opposition to Yoweri Museveni in Uganda; and John Magufuli highly personal style of government in Tanzania.

Peter LOCKWOOD
Image principale

Kazakhstan After the Double Shock of 2022: Political, Economic and Military Consequences

Date de publication
28 October 2025
Accroche

The year 2022 represented a dual shock for Kazakhstan. In January, the country faced its most severe political crisis since independence, followed in February by Russia’s full-scale invasion of Ukraine, which cast uncertainty over the borders of post-Soviet states. These consecutive crises profoundly shaped Kazakhstan’s domestic and foreign policy.

Vera GRANTSEVA Rakhimbek ABDRAKHMANOV
Image principale

Brazil One Year Away from the October 2026 General Elections

Date de publication
23 October 2025
Accroche

Brazil’s general elections will be held on October 4, 2026, to elect the president, vice-president, members of the National Congress, governors, deputy governors and state legislative assemblies. For the presidential and gubernatorial elections, a second round will be held on October 25 if no candidate obtains a majority of the votes in the first round. 

Image principale

EU’s Derisking From China: A Daunting Task

Date de publication
09 October 2025
Accroche

With economic security as a major concern, the EU has recently turned to “derisking” from China. The EU strategy entails reducing critical dependencies and vulnerabilities, including in EU supply chains, and diversifying where necessary, while recognizing the importance and need to maintain open channels of communication.

Image principale

The Strategic Dimension of Skills in the Clean Industrial Deal

Date de publication
29 September 2025
Accroche

In the competitiveness and energy transition battles, the European Union (EU) must master a determinant factor: skills. 

Image principale

Sri Lanka’s NPP Government. From System Change to Structural Compliance

Date de publication
24 September 2025
Accroche

In September 2024, a relative outsider to Sri Lanka’s two-party-dominated political system, Anura Kumara Dissanayake, won the presidential elections. The anti-establishment, populist movement he represented, the National People’s Power (NPP), went on to receive an overwhelming mandate in the November 2024 general elections, winning 159 seats in a 225-member parliament.

Harindra B. DASSANAYAKE Rajni GAMAGE
Image principale

Japan Under Trump: Alliance Strains, the Push for Autonomy and Essential Partnerships

Date de publication
19 September 2025
Accroche

Japan is under pressure from the United States (US) on punitive tariffs and demands for increased defence spending. This has sparked deep concern over US credibility and triggered growing domestic calls for greater autonomy.

Image principale

Imaginary and Reality of the Franco-German border: a Laboratory for Europe of tomorrow

Date de publication
16 September 2025
Accroche

In Europe, the question of borders is a central issue. According to the European Parliament, border regions cover around 40% of the European Union (EU) territory, concentrate 30% of its population and produce nearly a third of its gross domestic product. 

Claire DEMESMAY, Director of Institut français de Bonn
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World’s Rich Nations Jostle to Lead Globalization Clubhouse

28 October 2020
Accroche

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.

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Cyprus, to be remade, must resolve some issues

01 October 2020
Accroche

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?

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 2026, Ifri partners with over 90 French and international companies and organizations.

Presentation of Ramses 2026, Ifri, Paris
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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