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
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.
Trump’s Trade Wars: The Outcry Against Multilateralism
The aim of multilateral trade as established after the Second World War was to prevent trade wars.
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.
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).
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.
Support independent French research
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 2024, Ifri will support more than 70 French and foreign companies and organizations.
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.