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

Fishing for Chips: Assessing the EU Chips Act
China, the United States, and the European Union (EU) are currently developing strategies for semiconductors aimed at financing R&D and the installation of new factories on their territories, in particular through subsidies. The EU Chips Act, announced in February 2022, represents a real break in Europe's industrial policy.
Five Years after China’s Plastic Import Ban: Have Europeans Taken Responsibility?
After the 2017 Chinese waste import ban, the international and European Union (EU) legislative framework on waste exports has been revised.
Support and conflict: transatlantic agricultural trade since 1945
Agriculture is an area of strategic importance, where relations between the United States and the European Union (EU) vary from solidarity to competition.
Lebanese Banking Crisis: The Systemic Workings of a Wreck
The EU’s Carbon Border Adjustment Mechanism: A Piece in the Industry Decarbonization Puzzle
The Carbon Border Adjustment Mechanism (CBAM) is a first step toward reconciling the European Union (EU)’s climate and trade interests. However, a complementary set of domestic and external policies will be needed to drive the decarbonization of European and global energy-intensive industries.
The Sino-Lithuanian Crisis: Going beyond the Taiwanese Representative Office Issue
The year 2021 marked the 30th anniversary of the establishment of diplomatic relations between China and Lithuania. Instead of commemorative events and customary lofty rhetoric, the bilateral relationship rapidly plunged to a level rarely seen in either country’s foreign policies since the end of the Cold War.
Korea-EU Direct Investment Links: The Neglected Facet of a Tight Partnership
Despite their difference in size, Korea and the EU have developed over time a strong and deep relation through direct investment flows. Germany dominates the relationship, but there remains ample room for the other EU member-states to further develop their relations with Korea.
European Economic Governance: Past Errors and Future Promises
The eurozone crisis marked a real failure of European Union (EU) policy, which led to mediocre economic performance and the erosion of its political legitimacy among the populations of member states.
Strengthening Sovereignty in the Era of Global Value Chains
How to reduce the vulnerabilities induced by these global value chains to be more independent, while taking into account the reality of these productive processes which precisely generate interdependencies?
Trade
Françoise Nicolas contributed the chapter on trade, providing more insights into the opportunities and challenges South Korea and the EU need to address to revive the rules-based multilateral trading system.

Chinese Investment in Europe. A Country-Level Approach
Chinese investments in Europe have surged in recent years, becoming both a source of hope and growing concern across the continent.
Japan's Revived African Policy
By organising TICAD (Tokyo International Conference on African Development) for the first time in Africa in August 2016, Japan intended to accelerate and deepen its relationship with the continent.
The EU and Innovation: When Business Meets Politics
Innovation, entrepreneurship, growth and competitiveness go hand in hand. This short paper looks at two areas where the EU plays a role to help drive innovation: regulation and financing.
Agreement on the Trans-Pacific Partnership (TPP) in Atlanta. TPP and TTIP: Power Games in the U.S. Congress
Our analysis on the Agrement on the Trans-Pacific Partnership (TPP) in Atlanta: President Obama is now seeking approval from Congress. He might be getting more support from the Republicans.
Blaming El Norte: The Economic Realities of Anti-Americanism South of the Rio Grande
For more than half a century, Cuba captured America’s attention as a symbol of anti-Americanism right in its own backyard. As normalized relations between the United States and Cuba bring these iconic hostilities to a close, many wonder if Castro’s Cold War rhetoric is finally dead. Borne primarily by Venezuela and Ecuador, Latin America's anti-Americanism has in fact merely transformed into an equally aggravating but less consequential trend today. Economic dependency tempers this new thorn in the United States’ side.
Persistence and Evolutions of the Rentier State Model in Gulf Countries
A general economic model of understanding Middle Eastern states was elaborated by political scientists around the 1980’s, based on the concept of rent as a factor of wealth around which the economic model as much as the governance of energy-rich countries was re-organized. The particular case of GCC’s countries as rentier state has been at the cornerstone of this concept since they own the most important share of energy resources in the world.
Japan's Energy Policy in a Post-3/11 World: Juggling Safety, Sustainability and Economics
The March 2011 accident at the Fukushima Daiichi Nuclear Power Station turned Japan’s energy policy on its head, shedding a harsh new light on Japan’s energy policy and power supply system, and throwing into relief six major problem areas that had largely escaped scrutiny before the disaster.
Greenland and Iceland: Meeting Place of Global Powers in the Arctic
At the crossroads of American, European and Asian interests in the Arctic, Greenland and Iceland, the importance of which had for too long been underestimated, are set to play a central role in future regional developments. In order to exploit the potential of their growing economic ties with Asia, without becoming the Arctic “weak links”, Greenland and Iceland need to secure their economy on a long-term basis.
The Distinctive Features of China's Middle Classes
This study seeks to lay the foundations for a better understanding of the Chinese middle classes. It goes beyond the traditional classification by revenue and identifies the distinctive features of China’s middle classes by taking into account relevant historical events, current sociopolitical and economic contexts, and key expectations of the population.
Beyond the Arab awakening: Policies and Investments for Poverty Reduction and Food Security
This report aims to inform and stimulate the debate on key policy priorities for poverty reduction and food security in light of the Arab Awakening.
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