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 Union–Republic of Korea Cooperation on Economic Security: Opportunities, Limits and Challenges
This piece is a revised version of a paper presented at the conference on “New Convergences in EU-ROK Economic Security Relations”, organised in Rome on 30 January 2024 by the Istituto Affari Internazionali (IAI).
Populism and International Relations
Populism is flourishing, in Europe and elsewhere: a populist holds power today in Argentina and perhaps tomorrow in the United States. What does its spread say about our societies? And how is it shaping them, where populists rule? Do their economic policies stand any chance of success? Do their foreign policies have a greater impact on the world around them or at home? If “Trump 2.0” comes to be, will he have a free hand? If so, what can we expect?
Macron’s China Policy: Dropping Illusions and Bringing Back Realpolitik
One may regret that France has not upgraded its China policy sooner, but it seems that the French president is now clear-eyed that it is not enough to only have a good relationship with Beijing, it is also necessary to reinstate the balance of power.
Power and Financial Interdependence
The link between financial self-reliance and geopolitical power has long been debated. The unbalanced Sino-American trade relationship has created asymmetric financial ties which generate potential sources of leverage for both parties and will not quickly disappear. Absent a clarifying major crisis, it will be difficult to definitively determine which party has greater leverage.
German Ports and China: How to Reconcile Openness, Resilience and Security?
Germany is dependent on its ports for the smooth running of its open economic model and has benefited from globalization in recent decades when the internationalization of its value chains strengthened its competitiveness. Yet, with today’s hardening geopolitics, the vulnerabilities of Europe’s leading economic power are becoming apparent.
EU-China relations: De-risking or de-coupling − the future of the EU strategy towards China
As the European Union (EU) prepares for a new round of parliamentary elections, how should the bloc consider its strategy towards China?
Why Chinese Fintechs Have Failed to Reshuffle International Finance
New Chinese financial technologies, including unparalleled electronic payment systems, have so far failed to threaten U.S. financial dominance.
A Splintered Internet? Internet Fragmentation and the Strategies of China, Russia, India and the European Union
From the Covid-19 pandemic to the ramifications of Russia’s full-scale invasion of Ukraine, international events are fueling fears of an accelerated fragmentation of the global Internet.
China, technical standardization, and the future of globalization
As the global economy sits at a crossroad between connectivity-driven globalization and strategic decoupling, technical standardization provides a valuable measure of where we are headed.
Climate, Finance, and Geopolitics: Human Self-delusions and the Challenges for Europe
The combination of geopolitical tensions, climate disruption, and the growing role of finance in the economy is taking us into uncharted territory. Until recently, each of these subjects was handled separately, but they are now inextricably linked by two shared characteristics: the gravity of the threat, and the fact that they all lay bare the scale of human self-delusions.
A Transatlantic Free Trade Agreement? Weimar Triangle Analyses: French, Polish and German viewpoints on European questions
On an initiative of the German Council of Foreign Relations (DGAP), the Study Committee for Franco-German Relations (Cerfa) of the French Institute of International Relations (IFRI) and the Polish Institute of International Affairs (PISM) are regularly publishing short contributions on a common subject, written by three experts of these institutes. The purpose of these “Weimar Triangle Analyses” is to give the French, Polish, and German views on central questions of European politics and European integration.
Trading Freely with East Asia: Challenges and Opportunities for EU FTAs in the Region
As the fastest growing region in the world, East Asia is an important partner for the European Union, particularly at a time of economic difficulty. Asian countries have weathered the recent financial and economic crisis much better than Europe and much better than initially anticipated, with China and several members of the Association of Southeast Asian Nations (ASEAN) recording relatively impressive growth rates. As a result, self-confidence has been growing in Asia while European economies feel increasingly challenged.
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.
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.