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Economy

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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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Publications
Press
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Sri Lanka’s NPP Government. From System Change to Structural Compliance

Date de publication
24 September 2025
Accroche

In September 2024, a relative outsider to Sri Lanka’s two-party-dominated political system, Anura Kumara Dissanayake, won the presidential elections. The anti-establishment, populist movement he represented, the National People’s Power (NPP), went on to receive an overwhelming mandate in the November 2024 general elections, winning 159 seats in a 225-member parliament.

Harindra B. DASSANAYAKE Rajni GAMAGE
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Japan Under Trump: Alliance Strains, the Push for Autonomy and Essential Partnerships

Date de publication
19 September 2025
Accroche

Japan is under pressure from the United States (US) on punitive tariffs and demands for increased defence spending. This has sparked deep concern over US credibility and triggered growing domestic calls for greater autonomy.

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Imaginary and Reality of the Franco-German border: a Laboratory for Europe of tomorrow

Date de publication
16 September 2025
Accroche

In Europe, the question of borders is a central issue. According to the European Parliament, border regions cover around 40% of the European Union (EU) territory, concentrate 30% of its population and produce nearly a third of its gross domestic product. 

Claire DEMESMAY, Director of Institut français de Bonn
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Quest for Strategic Autonomy? Europe Grapples with the US - China Rivalry

Date de publication
26 June 2025
Accroche

Building on the 2020 European Think Tank Network on China (ETNC) report, which assessed Europe’s positioning amid the strategic rivalry between the United States and China, this edition re-examines the geopolitical landscape in light of the Covid-19 pandemic, Russia’s war in Ukraine and Donald Trump’s return to the White House. This report features 22 national chapters and one dedicated to the EU, analysing the evolution of Europe’s relations with Washington and Beijing, the range of approaches to dealing the US-China rivalry and how these are expected to evolve. 

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War as Social Elevator: The Socioeconomic Impact of Russian Military Keynesianism

Date de publication
19 June 2025
Accroche

In order to finance its war effort, the Russian state has spent substantial sums of money and implemented a form of “military Keynesianism” that is transforming society at both the socioeconomic and cultural levels. This has partially rebalanced the wide disparities in wealth, levels of consumption, and social prestige in Russian society by granting significant financial and symbolic advantages to peripheral Russia, which has long been overlooked by the central government. 

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The Hunt for Economic Security: The Role of Navies in Deterring Threats to the Maritime Economy

Date de publication
10 June 2025
Accroche

The maritime domain is currently faced with a wide variety of threats, such as climate change, economic warfare, shadow fleet operations, protection of critical infrastructures, and illicit activities ranging from illegal fishing to piracy. Navies suffer from inherent limitations when deterring threats to the global maritime economy: their global presence and permanence limits their credibility in terms of deterrence, their focus usually set on immediate deterrence, implementing deterrence by punishment in and from the naval domain is difficult and costly.

Olivier SCHMITT Louise TUMCHEWICS
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The Contradictory Impacts of Western Sanctions on Economic Relations between Russia and Sub-Saharan Africa

Date de publication
28 May 2025
Accroche

How does Russia maintain economic ties with Africa despite Western sanctions? An analysis of investments, trade, and the circumvention strategies deployed by Moscow.

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The Revenue Sources Sustaining Sudan’s Civil War. Lessons for the year 2023

Date de publication
26 May 2025
Accroche

Wars require money and resources, and often, most conflicts involve controlling sources of income and supply lines or denying them to enemies. This has been the case in Sudan’s past conflicts and is again as the civil war—between the Sudan Armed Forces (SAF), commanded by General Abdelfattah al-Burhan, and the paramilitary Rapid Support Forces (RSF), commanded by General Mohammed Hamdan Daglo “Hemedti” —has sunk into a protracted conflict.

Ernst Jan HOGENDOORN
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Trump's Trade War: What Answers for the European Union?

Date de publication
14 May 2025
Accroche

The announcement, on April 2, 2025, of “reciprocal tariffs” by the United States has opened a sequence of profound break with decades of established trade policy practices, where the administration behaviour has been marked by dogmatic blindness, amateurism, and self-serving interests. 

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Migrations Between Mexico and the United States: More of the Same or a Headlong Rush?

Date de publication
09 April 2025
Accroche

As Trump prepares to tighten border controls with Mexico and carry out mass deportations of undocumented immigrants, Mexico is questioning the economic consequences of this migration policy and expects to have to negotiate the issue in connection with the tariffs imposed by the Trump administration. 

Image principale

Sri Lanka’s NPP Government. From System Change to Structural Compliance

Date de publication
24 September 2025
Accroche

In September 2024, a relative outsider to Sri Lanka’s two-party-dominated political system, Anura Kumara Dissanayake, won the presidential elections. The anti-establishment, populist movement he represented, the National People’s Power (NPP), went on to receive an overwhelming mandate in the November 2024 general elections, winning 159 seats in a 225-member parliament.

Harindra B. DASSANAYAKE Rajni GAMAGE
Image principale

Japan Under Trump: Alliance Strains, the Push for Autonomy and Essential Partnerships

Date de publication
19 September 2025
Accroche

Japan is under pressure from the United States (US) on punitive tariffs and demands for increased defence spending. This has sparked deep concern over US credibility and triggered growing domestic calls for greater autonomy.

Image principale

Imaginary and Reality of the Franco-German border: a Laboratory for Europe of tomorrow

Date de publication
16 September 2025
Accroche

In Europe, the question of borders is a central issue. According to the European Parliament, border regions cover around 40% of the European Union (EU) territory, concentrate 30% of its population and produce nearly a third of its gross domestic product. 

Claire DEMESMAY, Director of Institut français de Bonn
Image principale

Quest for Strategic Autonomy? Europe Grapples with the US - China Rivalry

Date de publication
26 June 2025
Accroche

Building on the 2020 European Think Tank Network on China (ETNC) report, which assessed Europe’s positioning amid the strategic rivalry between the United States and China, this edition re-examines the geopolitical landscape in light of the Covid-19 pandemic, Russia’s war in Ukraine and Donald Trump’s return to the White House. This report features 22 national chapters and one dedicated to the EU, analysing the evolution of Europe’s relations with Washington and Beijing, the range of approaches to dealing the US-China rivalry and how these are expected to evolve. 

Image principale

War as Social Elevator: The Socioeconomic Impact of Russian Military Keynesianism

Date de publication
19 June 2025
Accroche

In order to finance its war effort, the Russian state has spent substantial sums of money and implemented a form of “military Keynesianism” that is transforming society at both the socioeconomic and cultural levels. This has partially rebalanced the wide disparities in wealth, levels of consumption, and social prestige in Russian society by granting significant financial and symbolic advantages to peripheral Russia, which has long been overlooked by the central government. 

Image principale

The Hunt for Economic Security: The Role of Navies in Deterring Threats to the Maritime Economy

Date de publication
10 June 2025
Accroche

The maritime domain is currently faced with a wide variety of threats, such as climate change, economic warfare, shadow fleet operations, protection of critical infrastructures, and illicit activities ranging from illegal fishing to piracy. Navies suffer from inherent limitations when deterring threats to the global maritime economy: their global presence and permanence limits their credibility in terms of deterrence, their focus usually set on immediate deterrence, implementing deterrence by punishment in and from the naval domain is difficult and costly.

Olivier SCHMITT Louise TUMCHEWICS
Image principale

The Contradictory Impacts of Western Sanctions on Economic Relations between Russia and Sub-Saharan Africa

Date de publication
28 May 2025
Accroche

How does Russia maintain economic ties with Africa despite Western sanctions? An analysis of investments, trade, and the circumvention strategies deployed by Moscow.

Image principale

The Revenue Sources Sustaining Sudan’s Civil War. Lessons for the year 2023

Date de publication
26 May 2025
Accroche

Wars require money and resources, and often, most conflicts involve controlling sources of income and supply lines or denying them to enemies. This has been the case in Sudan’s past conflicts and is again as the civil war—between the Sudan Armed Forces (SAF), commanded by General Abdelfattah al-Burhan, and the paramilitary Rapid Support Forces (RSF), commanded by General Mohammed Hamdan Daglo “Hemedti” —has sunk into a protracted conflict.

Ernst Jan HOGENDOORN
Image principale

Trump's Trade War: What Answers for the European Union?

Date de publication
14 May 2025
Accroche

The announcement, on April 2, 2025, of “reciprocal tariffs” by the United States has opened a sequence of profound break with decades of established trade policy practices, where the administration behaviour has been marked by dogmatic blindness, amateurism, and self-serving interests. 

Image principale

Migrations Between Mexico and the United States: More of the Same or a Headlong Rush?

Date de publication
09 April 2025
Accroche

As Trump prepares to tighten border controls with Mexico and carry out mass deportations of undocumented immigrants, Mexico is questioning the economic consequences of this migration policy and expects to have to negotiate the issue in connection with the tariffs imposed by the Trump administration. 

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Cyprus, to be remade, must resolve some issues

01 October 2020
Accroche

Cyprus is set to be ‘remade’ in the coming years through €1 billion in grants from the European Recovery Plan, as we’ve reported here, but there are a few issues to be resolved along the way, according to EU policy experts and economists.

[...]

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Can Huawei Face EU Fines Like Google and Apple?

18 June 2020
Accroche

The European Union’s chief antitrust official, Margrethe Vestager, has made her name tackling big corporate fish in pretty unconventional ways. A ruling on Alphabet Inc.’s Google, which came with a seven-figure fine, argued free services weren’t always good for the consumer, while those on Apple Inc. and Starbucks Corp. deemed that low taxes were illegal state aid (though some judges begged to differ).

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Foreign Policy

Why Are Japan and South Korea in a Trade Fight?

16 July 2019
Accroche

Officially, Japan has “national security” concerns about technology exports to South Korea. Unofficially, World War II still casts an ugly shadow.

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Rare earths: Beijing threatens a new front in the trade war

04 June 2019
Accroche

China believes its near-monopoly gives it leverage over the US but supply cuts would spur rival producers.

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 2026, Ifri partners with over 90 French and international companies and organizations.

Presentation of Ramses 2026, Ifri, Paris
Related centers and programs
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digital globe
Geoeconomics and Geofinance Initiative
Accroche centre

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.

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