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
Turkey-China Relations: Ambitions and Limits of the Economic Cooperation
At first glance, China and Turkey have many interests to cooperate. The deployment of the Chinese Belt and Road Initiative (BRI), Turkey's colossal investment and financing needs, as well as President Erdogan's mistrust of the West, appear as many converging interests. Yet economic cooperation between the two countries is struggling to achieve its full potential. Political differences persist, particularly the question of the Uyghurs.
The Karlsruhe Court Judgment: A Thunderclap from a Clear Sky?
In its judgment of 5 May 2020, the German Federal Constitutional Court in Karlsruhe questioned the conditions under which the European Central Bank (ECB) had adopted a Public Sector Purchase Programme (PSPP), thus contradicting the position taken by the Court of Justice of the European Union in the same case.
Technology Strategies in China and the United States, and the Challenges for European Companies
As international relations are increasingly reorganized around the US-China rivalry, the tensions between these two great powers are shaping a growing number of sectors, and the exchange of sensitive technologies in particular. This is a critical issue for European companies today.
German Economic Policy during the Corona-crisis. How Germany Intends to Support its Economy
Compared with other European countries, Germany’s management of the COVID-19 crisis has been efficient. Its health system has successfully coped with the challenge of the fight against the pandemic, the impact on employees has been mitigated thanks to allowances dedicated to furlough leave, business aids were important and quickly available, the government has been responsive.
Germany and the Economic and Monetary Union. Between the Search for Deeper European Integration and the Assertion of National Interests
Germany joined the creation of Economic and Monetary Union only with great hesitation and has tried to dictate the spirit and rules of operation of the Union.
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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France and the Modernization of the EU-Turkey Customs Union: Interests and Obstacles
This report is part of a joint endeavor of the Centre for Applied Turkey Studies (CATS) at Stiftung Wissenschaft und Politik (SWP), along with Elcano Royal Institute (ELCANO, Madrid), The Polish Institute of International Affairs (PISM, Warsaw), Istituto Affari Internazionali (IAI, Rome) and the Hellenic Foundation for European and Foreign Policy (ELIAMEP, Athens), to open perspectives for the modernization of the European Union-Turkey Customs Union (EU-Turkey CU).
Consequences and Lessons of a Virus
As Europeans get ready for their summer holidays, the Covid-19 pandemic seems to be winding down, despite hotspots cropping up here and there. However, we are not safe from the next wave. After so many careless speeches, nobody dares to make any more precise forecasts. In any case, any confirmed lull fosters broader reflections both on the disaster’s consequences and the dysfunctions that allowed it to happen.
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).
Economy and Diplomacy: China’s two Challenges in the Post-Covid-19 World
Will China rise stronger from the pandemic? A flow of media reports and op-eds have recently flourished, forecasting the decline of the West and the triumph of China on the world stage amid the COVID-19 pandemic. Some have declared the dawn of a “post-Western world”.
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