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European Economic Governance: Past Errors and Future Promises

Articles from Politique Etrangère
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Politique étrangère, Vol. 86, No. 4, Winter 2021
Accroche

The eurozone crisis marked a real failure of European Union (EU) policy, which led to mediocre economic performance and the erosion of its political legitimacy among the populations of member states.

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Corps analyses

The crisis caused by the Covid-19 pandemic, on the other hand, after some initial wavering, showed its capacity to respond, in particular by taking on common debt. This fresh start for the EU nonetheless needs to be confirmed both politically and institutionally.

Vivien Schmidt is a Jean Monnet Professor of European Integration at Boston University.

 

Article published in Politique étrangère, Vol. 86, No. 4, Winter 2021.

 

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European Economic Governance: Past Errors and Future Promises

Decoration
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Iran: Anatomy of a Power at War

Date de publication
08 September 2026
Accroche

The elimination of Supreme Leader Ali Khamenei and several high-ranking officials at the outset of the 2026 American-Israeli operation did not succeed in bringing down the Iranian regime. The regime had prepared for such a scenario, notably by decentralizing its structures. Moreover, it continues to adapt to war. The power of the Islamic Revolutionary Guard Corps is growing at the expense of the Shiite clergy. The security apparatus defends the country’s sovereignty and justifies its actions in the name of raison d’état.

Sophia MAHROUG
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“Remodeling” the Middle East?

Date de publication
08 September 2026
Accroche

Chaos continues to spread, seemingly without end, across the Middle East. The Israeli-American attack on Iran has resulted in a clear military and diplomatic failure, but it is paving the way for a regional realignment, the consequences of which remain uncertain. New regional groupings are taking shape, either centered around Israel or built on the prospect of coexistence with Tehran, alongside a decline in American influence and the marginalization of Europe, while China maintains a low-key presence.

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Silicon Valley and War: Lessons from Ukraine

Date de publication
08 September 2026
Accroche

Over the course of international conflicts, and particularly in Ukraine, major tech companies have emerged as central actors. Initially subject to wartime maneuvering, they have since become decisive actors in their own right, privatizing a significant share of wartime exchanges, shaping the information flows of societies, and presenting themselves as providers of security. This situation raises important questions about states’ autonomy in making decisions and taking action.

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Does Artificial Intelligence Change the Nature of War?

Date de publication
08 September 2026
Accroche

From Gaza to Ukraine and Iran, current conflicts are being shaped by the arrival of artificial intelligence and robots on the battlefield. The changes under way are so profound that humans risk rapidly losing control over entire aspects of the conduct of military operations. While these technological developments are altering the character of war, their impact on the very nature of war itself remains a matter of debate.

 

 

How can this study be cited?

Vivien SCHMIDT, « European Economic Governance: Past Errors and Future Promises », Articles from Politique Etrangère, Ifri, 14 December 2021.
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European Economic Governance: Past Errors and Future Promises