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
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.
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.
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.
America Is More Than Trump. Europe Should Defend the Iran Deal without Burning Bridges to the US
US President Donald Trump’s decision to withdraw from the 2015 Iran nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA), will severely degrade regional and global security. His decision has increased the risk of war and a nuclear arms race in the Middle East and beyond.
New Consumption Spaces for the New Middle Classes? Shopping Centres in Abidjan
Since 2011 and the end of the post-election crisis, Côte d’Ivoire has returned to impressive economic growth. The country and its capital are drawing attention from a growing number of investors, and the “Abidjanian middle classes” are widely publicised and sought after.
Macron, Diplomat: A New French Foreign Policy?
How can we define Emmanuel Macron’s foreign policy since he took office? After Nicolas Sarkozy’s brazen style of “gutsy diplomacy” and François Hollande’s “normal diplomacy”, the eighth president of the Fifth Republic seems to have opted for an agile classicism. In substance, he makes no claim to any radical break with the past, but sees his approach as being in line with historical tradition.
Trump's Tax Reform and Trade Policy: Renewables Spared, Oil Industry Wins
The energy sector is one where the break between the Trump and Obama administrations is the most pronounced. The three officials in charge, Rick Perry at the Department of Energy (DoE), Scott Pruitt at the Environmental Protection Agency (EPA) and Ryan Zinke at the head of the Department of the Interior (DoI), share the same indifference to the issue of climate change, the same will to encourage oil and gas production in the USA in order to bring an era of American “energy dominance”, the same desire to promote the extraction of “beautiful, clean coal”, to paraphrase President Trumps’s State of the Union address, and the same deep mistrust of renewable energies such as wind and solar.
China in the Mediterranean: An Emerging Presence
The Chinese presence in the Mediterranean is raising new questions among the diplomatic services of the Maghreb countries, as well as those of southern Europe. Indeed, over the past five years, China has been translating its national priorities with increasing activism in the Mediterranean.
The EU Battery Alliance. Can Europe Avoid Technological Dependence?
With the launch of its “battery alliance”, the European Union is finally taking up the industrial battle with Asia and hopes to meet a large share of the surging demand for electrical batteries. Yet, the clock is ticking and the future of battery manufacturing in Europe depends primarily on the strategies that automakers will adopt.
Mixing Business with Europe: What Role for Companies on the Future of the EU?
The European Union (EU) is facing what the European Commission President, Jean-Claude Juncker, calls a ‘polycrisis’. The EU is under increasing pressure to deliver and address citizens’ concerns.
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.
The European Power System - Decarbonization and Cost Reduction: Lost in Transmissions?
Europe’s energy policy is commonly defined by three axes of equal importance: security of supplies, competitiveness and sustainable development. The European Commission is mandated to develop the policy tools that allow the implementation of this common policy. Early on, challenges arose from the trade-offs to be made not only between these three pillars but also between a common European policy and national approaches. The European Commission has always had to struggle in attempting to keep a balanced line.
Is Turkey an Economic Exception?
This roundtable dealt with the specificities of Turkey"s economy, which is completing major economic achievements in particularly difficult times. François Faure analyzed the risks of an economic backlash following the European crisis; Turkey appears indeed in a weaker position than in 2008 and difficult times could lie ahead. Esen Çağlar pointed out how Turkey progressed from a low-technology to medium-technology economy, thus ensuring considerable levels of growth. Yet, a renewed reform agenda is needed if Turkey wants to maintain its economic performance. Deniz Ünal addressed the issue of economic governance under the AKP and the consistency of their economic policy agenda. In any case, Europe will most certainly play a role in the country"s economic future. According to Rémi Bourgeot, the Middle East cannot provide an alternative to European markets even if it offers interesting opportunities for the Turkish South East. Turkey"s future growth will also depend on its capacity to impose itself as a corridor between Europe and its neighbours energy resources.
Innovation Policy Challenges for Japan: An Open and Global Strategy
Productivity is increasingly important in the Japanese economy as an aging and shrinking population is expected to constrain labor input. Thus, the creation of innovation is critical for realizing economic growth and maintaining Japan's international competitiveness. Specifically, emerging countries such as China and South Korea are quickly catching up on Japan's level of technological prowess in electronics and other high-tech industries. For that reason, continual investment in R&D and provision of products and services that are competitive in the global market are crucial for Japan's international competitiveness.
East Asian Regional Economic Integration: A Post-Crisis Update
To the surprise of many analysts, the outbreak of the global financial crisis (GFC) in 2008 did not leave East Asian economies unscathed. The objective of the paper is to examine the implications of the GFC for the regional economic integration process in East Asia, taking into account both the de facto and the de jure dimensions.
Toward Higher Household Consumption? An Up-to-Date Analysis of China's Economic Transition
For more than two decades, China's economy has been growing at an average rate of close to 10 percent. As a result of this stellar performance, China ascended to the rank of the world's second largest economy in 2010, surpassing Japan.
The Evolving Role of Southeast Asia in Global FDI Flows
This paper traces the evolution of FDI in ASEAN and discusses future prospects for the region as a host - and increasingly home - to FDI.
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.
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.