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
European Economic Governance: Past Errors and Future Promises
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.
Trade
Françoise Nicolas contributed the chapter on trade, providing more insights into the opportunities and challenges South Korea and the EU need to address to revive the rules-based multilateral trading system.
China's Rising Trade Activism in ASEAN: Implications for the EU
As the world’s center of gravity has shifted to Asia, the European Union must also be present in the region. In particular, it must develop its relations with Asian countries that have long been neglected to the sole benefit of China -- namely India, but above all the countries of Southeast Asia, where China has invested heavily and will continue to gain influence.
Uranium in Namibia: Yellowcake Fever
Mineral revenues are the driving force behind Namibia’s economic performance. Namibia is rich in mineral resources which include uranium, diamond, copper, gold, lead, lithium and zinc. However, these mineral riches are not always allocated and utilized in a transparent manner and seem to benefit disproportionately a small number of wealthy elites, many of them affiliated with the ruling party SWAPO.
’Delenda est Cotonou ?’ The European Union and the ACP States: A Partnership without Partners
Although it has largely gone unnoticed in France, the agreement signed on December 3, 2020 between the European Union (EU) and the Organisation of African, Caribbean and Pacific States (ACP) is a major shift in the long-standing relations between the EU and countries in the Global South.
Towards a more China-centred global economy? Implications for Chinese power in the age of hybrid threats
An era of hyper globalization is giving way to an age of geoeconomics wherein China seeks a decisive seat at the table.
A Strategy for Solving Europe’s Imported Deforestation Problem
The European Union (EU) is the world’s main trader in agricultural products, with imports totaling €142 billion in 2020. These imported agricultural products include commodities – palm oil, beef, cocoa, coffee, soy, etc. – that are responsible for deforestation in producing countries and thus create an “imported deforestation” problem for Europe.
Asia-Pacific mega trade deals (RCEP, CPTPP): Which role for the US, and what are the implications for the EU?
While it has long been reluctant to engage in institution-based regional economic integration, East Asia is now home to two mega trade deals: the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Regional Comprehensive Economic Partnership (RCEP).
Namibia’s Fair-Weather Friends and One All-Weather Friend
The relationship between Namibia and its historical partners has evolved over the last thirty years since Namibian independence. As in many countries, Namibia has been going through transformation, influenced by the process of globalization. This created new sets of geopolitical challenges and opened up new opportunities for Namibia's small and poorly diversified economy which has relied heavily on the mining industry.
Is Europe a “Digital Colony” of the United States?
Edward Snowden’s revelations, the Cambridge Analytica affair and the digital transformation accelerated by the Covid-19 crisis have all shown Europe's technological dependence on foreign powers.
Will We Drive Electric on Asian Batteries?
The development of the electric car market, supported by public funding, needs to be monitored closely. Currently, except for Renault benefiting from its electric partnership with Nissan, batteries for electric vehicles will most likely be outsourced. A lot of joint ventures are being signed with Asian battery companies and automotive suppliers. As a consequence, some argue that there is no rational to develop further and fund the European battery industry: batteries are already made more cheaply elsewhere.
European Defence Economy Afflicted by the Crisis
The European defence sector generates €86 billion annually - and that is only taking into account the 2009 turnover of the European defence industry for the three areas - aeronautics, land forces and naval forces.
Electric Cars: the Orient and the Occident
China is looking ahead and thinking electric. The Chinese government recently announced the release of $15 billion in a “Manhattan-style” venture to support electric vehicle (EV) research, standardization and development as part of its five-year plan and to meet its seemingly unattainable objective of introducing 500 000 “clean” vehicles per year by 2011.
Rare Earths and Clean Energy: Analyzing China's Upper Hand
An ominous resource crunch in the so-called “rare earth elements” is now threatening the development of a number of key industries from energy to defense to consumer electronics. As key components in the latest generation of technologies, including specialized magnets for windmills and hybrid cars, lasers for range finders and “smart” munitions, and phosphors for LCD screens, demand for these rare metals is expected to grow rapidly in the years to come.
An Analysis of North Korea's Principal Trade Relations
The Direction of Trade Statistics by IMF is the most representative statistical data for bilateral trade with North Korea. However, IMF statistics underestimate North Korea's international trade since they do not classify inter-Korean trade as international trade. Therefore, this study restructures statistics on North Korea by combining the IMF and inter-Korean trade data, and it analyzes the structure of North Korea's international trade. In addition, it conducts a unique analysis of trade structures, since other studies have not analyzed production processes in North Korean trade.
This analysis identifies six main characteristics of North Korea's trade:
Fiscal Deficit, Crowding Out, and the Sustainability of Economic Growth: The Case of the Indian Economy
This study examines the long-run relationship between the fiscal deficit, the crowding out of private capital formation and net exports for the Indian economy during the period from 1980-81 to 2008-09.
The Financial Challenges of the Sub-Saharan Africa Telecoms Boom
Telecom industry has taken a significant place within of the economy of most African countries. In this aspect, it is an undeniable source of economic growth and development. It impacts on the financial sphere at three levels.
Coming in from the Cold? An Update on North Korea's External Economic Relations
This brief analysis of the current external economic relations of the Democratic People’s Republic of Korea (DPRK) leads to a number of conclusions.
The Future of the European Monetary Fund: Any Prospects?
The European summit last week has resulted in a compromise short-term agreement for aid to Greece.
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Geoeconomics and Geofinance Initiative
Economic questions are approached from a political economy perspective: the evolution of the global economic system, governance and institutions, dynamics and trends of various economic zones (United States, Russia, China, emerging markets...). European issues are at the core of our research.