Finance
Finance has become an important aspect of contemporary international relations, not only for its effects on the economy, but also for its possible "weaponization" for political ends.
Related Subjects
The Future of the International Monetary and Financial System
Following the collapse of the Bretton Woods system, the international community sought new stability in the financial system and the assurance of sustained growth. The crisis that began in 2007-2008 has revealed weaknesses that affected advanced economies first and foremost. Efforts have since been made to consolidate the international financial architecture, to coordinate macroeconomic policy, and to improve foreign exchange relations, even if this latter objective has proven complex.
The US Oil Embargo on Iran: A New Oil Shock?
The 14 July 2015 Vienna agreement on Iran’s nuclear activities (Joint Comprehensive Plan of Action – JCPoA) was a game changer on the geopolitics in the Middle East and for the oil market. The oil sanctions were lifted and Iran increased significantly its production and exports. On 8 May 2018, President Trump announced that the United Stated (US) would withdraw from the agreement. Financial sanctions were reintroduced. From 5 November 2018 onwards, further sanctions will be re-imposed more specifically on petroleum related transactions, including the purchase of petroleum, petroleum products and petrochemical products. What could be the impact of this new embargo? Is there a risk of a new oil supply and price shock?
Comply or die ? Les entreprises face à l’exigence de conformité venue des États-Unis
The United States has developed a vast body of legal regulations with extraterritorial application in order to tackle corruption on the international stage and to pursue companies that do not abide by the trade embargoes demanded by U.S. foreign policy.
Zimbabwe in Dubious Battle: The Unexpected Consequences of Western Sanctions
The aim of this paper is to assess how an African country deals on the long run with the decline of international aid and foreign direct investment. This paper is a contribution to the debate about the effectiveness of the international sanctions system.
ASEAN at 50: Half a Century of Unique Experience
In its fifty-year existence, the Association of Southeast Asian Nations (ASEAN) has developed a complex, progressive and balanced approach to regional integration. Rather than the European Union’s far-reaching statements of ever-closer union, ASEAN combines highly diverse economic and political strategies of different States whose main priority is to safeguard sovereignty.
From Financial Diplomacy to Geopolitics of Finance
The financial system has become too complex to be controlled at state level.
The Country Risk Concept
The expression “country risk” emerged in the United States in the 1960s. Its meaning has evolved over time, without any definition ever really being settled on.
The Nagging Problem of State Insolvency
Historically, states have indebted themselves to finance military campaigns. They do so nowadays for other reasons such as financing productive investment.
Raising the Costs to President Putin
-by building dissonance within. Some like to remember fondly the call by Ronald Reagan for Gorbachev “to tear down this wall”. The United States “Won the Cold War” said George Bush Senior in his State of the Union Address. We need to step back and recognize with some humility that the Soviet Union fell largely of its own weight rather than as a result of external pressure. Again today Russia is economically weak. It has become an exporter of raw materials, its industrial sector is weak, and its revenues are already falling. Conditions now offer the opportunity to aggravate Russia’s economic frailty – let’s focus on that.
Reading Rouhani Right
Poll numbers are the life blood of politics these days. Anything expressed in digits has a claim to truth that assertions without digits cannot make. They inspire confidence - especially among those aspiring to public office - that they actually understand what public sentiment is. If you lived between nuclear-armed Israel and Pakistan and had as many world class enemies as Iran has accumulated - would you give up your pursuit of a nuclear weapon?
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Related centers and programs
Geoeconomics and Geofinance Initiative
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.