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.
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Will the EU Let Itself Be Bought ? New Framework for Foreign Direct Investments in Europe
In 2016, Chinese foreign direct investment (FDI) inflows into the European Union (UE) reached a record high, in contrast to the steady decline in FDI flows from the EU to China. Beijing is looking for markets and strategic assets and particularly targets advanced technologies in major European economies, deploying an aggressive and sometimes opaque strategy.
Rare Earths and China: A Review of Changing Criticality in the New Economy
China’s dominance in the production of rare earth elements symbolizes the competition for once obscure sets of mineral resources in our increasingly digital, low carbon world.
Macron Seeks a Dose of Charlemagne to Renew Merkel Partnership
When France and Germany sign a treaty on Tuesday in the historic border town of Aachen, it will be the culmination of 16 months of work by French President Emmanuel Macron to bring the anchors of Europe closer.
The need for a strategic recycling approach to take up the challenge of critical metals
In September 2010, China stopped all exports of rare earths and associated products to Japan, depriving Japan’s industry of essential raw materials. This decision highlighted the tensions around the trade of critical materials and China’s monopoly on a group of particular metals. Western countries had already taken some initiatives so as to reduce, or at least to analyse their vulnerabilities in the segment of critical materials.
Digital Transformation of the Industry: The Franco-German Challenge
The issue of the digital transformation of the industry provoked in France as in Germany the return of the state and the introduction of a subsidiary industrial policy. Feeling threatened in its industrial leadership, Germany mobilized its resources through industry 4.0 by building a vision around the concept of “cyber-physical system” before developing in each Land an accompanying offer. France has forged the concept of the industry of the future by following a logic of modernization of the production tool, reinforcing particularly the automation and building on the integration of new technological bricks.
Asia–Africa Growth Corridor at the crossroads of business and geopolitics
The Asia–Africa Growth Corridor (AAGC) — a Japan–India initiative to promote connectivity between Asia and East Africa and encourage joint projects in Africa — is often misrepresented. All too often, the AAGC is depicted as a political move aimed exclusively at countering China’s Belt and Road Initiative (BRI).
From Meseberg to Nowhere? A Franco-German Impetus for the Eurozone
This study analyses the joint efforts by France and Germany to bring about a comprehensive reform of the European currency union. These efforts culminated in the joint Meseberg Declaration adopted in June 2018. The article contextualises these efforts with respect to the reforms realised so far and the different reform options at hand. Besides questions of economic viability and institutional deficits, the article tackles issues of political feasibility.
Understanding the Resilience of the Islamic Republic of Iran
The leaders of Iran nurture regional ambitions, and are conscious of the limits of their country’s power.
The Japan-India Economic Partnership: A Politically Driven Process
In the last decade, the strengthening of the India-Japan strategic partnership has been primarily driven by geopolitical considerations, in an era of competing regional visions and influence.
Europe Facing the Digitization of Work: The Political Risks
The nature of work has been remarkably transformed in a short period of time through the combined effect of globalization and technological disruptions. Ongoing technological breakthroughs, carried by increasingly digitalized and automated economic activities, and the “democratization” of artificial intelligence, heighten fears of massive job destructions and the deepening of social inequalities, to the detriment of downgraded and pauperized middle classes.
Transitions from War to Peace
How do we get out of wars? One hundred years after 1918, Politique étrangère’s special report takes up this question from different perspectives in relation to the conflicts in which Western armies, willingly or otherwise, are embroiled.
RAMSES 2019. The Clashes of the Future
RAMSES 2019. The Clashes of the Future, written by Ifri's research team and external experts, offers an in-depth and up-to-date analysis of global geopolitics.
Europe: Subject or Object in the Geopolitics of Data?
Data no longer should be understood as a sole commercial or regulatory issue, but rather as an actual stake of international politics. Mastering data is an issue involving different set of actors, with diverging motivations: it is a sovereignty and national security stake for states, a democratic stake for people (personal data), and a fundamental source of value creation for companies.
Adjustment Is Back: The Political and Financial Crisis in Central African Oil-Producing Countries. Gabon and Congo-Brazzaville
This paper aims to highlight both the financial, economic and political adjustment cycle, affecting two Central African petro-states, Gabon and the Republic of Congo (Congo-Brazzaville).
The significance of the France-Japan partnership
A dialogue with Yoshiji NOGAMI, Vice-Chairman of the Japan Institute of International Affairs (JIIA).
Dual system of professional training: keystone of "made in Germany"?
The German dual system of professional training is seen as an international reference model. It aims at training qualified employees for an innovative economy rather than being the last resort for less able pupils. Parents and adolescents regard apprenticeships as an entry ticket to a good job with career opportunities; companies value the advantages of practice-oriented training in situ conceived in cooperation with its own professionals as this spares them the costs of integrating school graduates.
Conceptualizing the middle class in a developmental state: Narratives and expectations in Ethiopia
The category ‘middle class’ was used increasingly throughout the 2010s to identify social changes occurring in African countries, including Ethiopia. However, the category itself is hard to define and has been employed to describe very diverse socio-economic dynamics.
New and Emerging LNG Markets: The Demand Shock
Over the past decade, an increasing number of emerging markets has joined the liquefied natural gas (LNG) import club.
Trade Wars: A French Perspective
The Section 232 tariffs on steel and aluminum announced by the United States in March would, if applied, have little direct impact on the French economy, but rather point toward a broader trend of protectionism and economic nationalism and a widening gap in transatlantic relations that is likely to have far-reaching implications for France.
Catching Up or Staying Ahead. Japanese Investment in the Mekong Region and the China Factor
There is no denying that the Mekong region has become an economic battleground where Japan and China are competing to gain and sustain economic influence in the region.
Kazakhstan and Eurasian Economic Integration: Quick Start, Mixed Results and Uncertain Future
Kazakhstan's economic integration with Russia and Belarus has been advancing at break-neck speed.
Negotiating for a Malaysia-EU FTA: Contesting Interests from Malaysia's Perspective
Malaysia has shifted its focus from multilateral and regional to bilateral trade agreements due to the current doldrums in the Doha Round and the bandwagon effect from similar shifts in other countries.
Challenges and Opportunities of a EU-Taiwan ECA: A Review of Political-Economic Perspectives
Concerns over becoming marginalized in the course of East Asian economic integration are driving a proactive regional trade agreement (RTA) strategy on the part of Taiwan. Three factors explain this concern: Competing visions of economic integration in the region from both the United States and China, the success of Korea in concluding a large number of important RTAs, and the increasing number of overlapping agreements that crowd out countries and economies such as Taiwan that do not have proactive RTA strategies.
A EU-Japan Free Trade Agreement: Toward More Solid Economic Relations
Globalization of Japanese firms: Long-run Trends, Cross-sectional Variations, and Policy Implications
Japanese firms are increasingly involved in various global business operations - not only in traditional international trade in goods, but also in offshore production and the new mode of globalization: offshore outsourcing.
Is Africa's Recent Economic Growth Sustainable?
Hardly a week goes by without an African investors’ conference or growth summit.
Ukraine at the Crossroads: Between the EU DCFTA and Customs Union
After serious decline in the 1990s, Ukraine's economy finally started its recovery and systemic reform in early 2000. While the economy rapidly grew by 2008, its transformation remained unfinished. Ukraine has three possible roads to development.
Rare Earths and the WTO: Tougher case than it looks
Deepening their partnership, Ifri and the Canon Institute for Global Studies (CIGS) are launching a series of op-eds, written both by Ifri and CIGS experts. This new series aims at providing the European and Asian public with original and different visions on the rapidly evolving international affairs.
The Economic Opportunities and Constraints of Green Growth: The Case of South Korea
Doors Wide Shut? An Update on FDI Regulations in China
The fears of a rise in economic nationalism in China have been fueled by a number of recent moves, such as changes in the law on indigenous innovation or the enactment of a national security review (NSR) regulation for M&As by foreign enterprises. The objective of the current paper is twofold: First is to provide an update on the investment environment in China in order to determine whether or not these provisions reflect a move in the direction of more protectionism, and second is to suggest ways for European countries to level the playing field for their firms wishing to invest in China.
Ifri, a foundation recognized as being of public utility, relies largely on private donors – companies and individuals – to guarantee its sustainability and intellectual independence. Through their funding, donors help maintain the Institute's position among the world's leading think tanks. By benefiting from an internationally recognized network and expertise, donors refine their understanding of geopolitical risk and its consequences on global politics and the economy. In 2026, Ifri partners with over 90 French and international companies and organizations.
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.