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The Global Economy: Caught in the Storm / Politique étrangère, Vol. 91, No. 1, 2026

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Politique étrangère, Vol. 91, No. 1, 2026
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The global economy has become the primary arena for the clash of power ambitions in a world where understanding, coordination, and concerted multilateralism seem to have been permanently marginalized. In this fragmented landscape, how will American and Chinese strategies interact? Will the European Union manage to break out of its decades-old framework in order to face new competition? And will it be able, like others, to integrate the announced shift from a production economy to a digital, information economy? And what role will financial institutions, and central banks in particular, play in this transitioning international economy?

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The pressing challenges of the present day should not, however, cause us to forget some decisive markers. What does the widespread reduction in development aid tell us about our conception of North/South economic relations? Beyond the daily political debates, are we fully grasping the scale of the problems posed by large-scale migratory movements, which, incidentally, do not primarily concern Europe? Half a decade after Covid-19, have we made any progress in developing measures to combat infectious diseases? In Africa, the Middle East, and Ukraine: what lessons can we learn from the latest armed conflicts to help us shape the world of tomorrow?

This issue is available in French only: Économie internationale: la fin d'un monde ?


THE GLOBAL ECONOMY: CAUGHT IN THE STORM

The Global Economy in the Face of Geopolitical Upheaval, by Norbert Gaillard

From Trump to Xi Jinping: Globalization's Great Rupture, by Sébastien Jean 

The European Union: A Lagging Economy and a Software Update, by Sébastien Maillard 

Digital Revolution, Economic Upheaval, by Hugo Le Picard 

What Can Central Banks Do?, by Christian de Boissieu 
 

CURRENT AFFAIRS

Official Development Assistance in the Age of Deglobalization, by Jean-Michel Severino

Migration: The European Union's Dilemma, by Didier Leschi 

India-United States Relations under Threat from Trump II, by Jean-Luc Racine

Germany: The Return of Military Service?, by Paul Maurice 
 

BAROMETERS

Sudan in Search of an Unlikely Peace, by Roland Marchal 

Israel and the New Middle East: Between Normalization, Deterrence and Messianism, by Jean-Loup Samaan

Ten Years On: Brexit Up for Debate, by Marie-Claire Considère-Charon
 

REFLECTIONS

Why Russia Wages War, by Bernard Chappedelaine 

The Sahel: The Operational Legacy of Barkhane, by Tewfik Hamel

Eradicating Infectious Diseases: A Multilateral Utopia, by Antoine Flahault, Johanna Elbel and Agnès Buzyn 
 

BOOK REVIEWS
Editor: Marc Hecker

Climat. Les énergies de l'espoir, by Cédric Philibert 
From Crisis to Action: Climate Change Through the Eyes of the Most Vulnerable, by Abena Takyiwaa Asamoah-Okyere, Christina Natalia Widjaja and Tim Smedley
Économie de l'(in)action climatique, by Christian Gollier 
Reviewed by Christian de Perthuis 

 

Other information:

248 pages. 23 euros.

March 5th, 2026.

Diffusion : Pollen/Dif'Pop.

Subscription: Armand Colin.

To buy an issue: leslibraires.fr.

To buy the Epub (in French): Immatériel.fr.

Have a look on Politique étrangère's blog: Politique étrangère.

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9791037311436

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A New Path for Europe

Date de publication
02 June 2026
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The construction of the European Union is historically inseparable from the emergence, at the end of World War II, of an Atlantic world dominated by the United States. Successive enlargements and the revision of U.S. policy are undermining the concepts upon which the European Union has been built since the fall of the USSR. It is undoubtedly time to return to a path of more diverse groupings, corresponding to the levels of commitment and the interests of the states of the Old Continent.

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How Technology Is Reshaping the World Order

Date de publication
02 June 2026
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The central role of technology in the competition between the major powers is fueling an ever-more intense rivalry. Artificial intelligence is enabling large corporations to accrue unprecedented power, with consequences for states and even for international conflict. However, states do have tools at their disposal to regulate these developments. In this international competition, Europe has a strong hand, but must be prepared to play its cards in order to create a new kind of international cooperation.

Anu BRADFORD
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Reflections on A Darkening World

Date de publication
02 June 2026
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The system that emerged after the Second World War to regulate international relations is now moribund. Russia and China may have weakened it, but it seems that Donald Trump’s United States may deliver the fatal blow. The prevailing atmosphere is one of power struggles, and the rise of nationalisms is fraught with danger. The artificial intelligence revolution also needs to be factored into this equation, as it has a strong bearing on how much power different players can exert. In this respect, Europe must ensure it does not get left behind.

Jean-Marie GUÉHENNO
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Couverture de PE2-2026

1936-2026: 90th Anniversary of the Journal "Politique étrangère"

Date de publication
02 June 2026
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Founded in 1936 and published by the French Institute of International Relations (Ifri), Politique étrangère, France’s longest-running journal of international relations, is set to publish a special issue in early June 2026. Bringing together distinguished French and international contributors, this issue aims to provide an overview of an uncertain world and its possible futures. In an unprecedented undertaking, Politique étrangère brings together a wide range of international contributions in an effort to grasp a global landscape that is at once open and fragmented, in all its diversity and dynamism. Through in-depth analyses of cross-cutting challenges, reflections on methods and structures of governance, and projections into futures feared or envisioned by creators from around the world—ranging from alternative histories to speculative thought experiments—the various approaches complement and challenge one another, opening up broad avenues for reflection.

How can this study be cited?

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« The Global Economy: Caught in the Storm / Politique étrangère, Vol. 91, No. 1, 2026 », Politique étrangère, Issues from Politique Etrangère, Ifri, 5 March 2026.
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