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
South Korea’s Hydrogen Strategy and Industrial Perspectives
South Korea is a hydrogen (H2) frontrunner. The world’s first commercial fuel cell electric vehicle (FCEV) was launched by the South Korean car manufacturer Hyundai (Tucson i×35) in 2013.
POSCO Energy, South Korea’s largest private energy producer, completed the world’s largest fuel cell manufacturing plant in 2015. When President Moon took office in 2018, the new government identified H2 as a new growth engine, and pledged to turn the country into a H2 economy.
The Middle East: The Economy in The Race for Power
Middle Eastern geopolitics is currently undergoing structural changes: the regional order is in transition in the aftermath of the Arab Spring that undermined authoritarian governance, and triggered the competition for power against a backdrop of American withdrawal.
The Gulf Economies and Energy Transition
The economies of the Persian Gulf are highly dependent on their petrol exports, particularly to Asia.
The Gulf: from Geopolitics to Plain Politics
The geopolitical shadow of the Gulf now extends far beyond the Middle East as a function the external dealings of Iran and the countries of the Arabian Peninsula.
The Gulf: New Center of the Middle East?
Amid the shift in major powers, the Persian Gulf is asserting its position at the heart of the Middle East.
Japan’s Trade Policy in the Midst of Uncertainty
The multilateral trading system under the World Trade Organization (WTO) has been of the utmost importance for Japan’s trade policy.
Saudi Arabia’s Policy in Africa : Vectors and Objectives
Until recently, Saudi Arabia was the country out of the Gulf countries that had the greatest number of diplomatic missions in Africa (27[1]).
China and the New Geopolitics of Technical Standardization
China is rapidly emerging as a formidable power in the development of technical standards, transforming the international standard-setting landscape and reintroducing an element of geopolitics into what are too often considered as benign, technical processes.
Sanctions and the End of Trans-Atlanticism. Iran, Russia, and the Unintended Division of the West
Sanctions have become the dominant tool of statecraft of the United States and other Western states, especially the European Union, since the end of the Cold War.
Korea in Africa: Between Soft Power and Economic Interests
Through development assistance and economic engagement, South Korea has sought to project itself as a different kind of partner for Africa. In reality, it is not so unique.
The Crucial Challenge of Cyberthreats
In this special issue of Politique étrangère devoted to the proceedings of the conference organized by Ifri on April 10, 2019, in the Grand Amphitheater of the Sorbonne, on the occasion of its fortieth anniversary, discover the debate moderated by Marc Hecker between Thomas Gomart and Jean-Louis Gergorin.
The Future of Europe in the Context of Sino-American Competition - Foreword
In this special issue of Politique étrangère devoted to the proceedings of the conference organized by Ifri on April 10, 2019, in the Grand Amphitheater of the Sorbonne, on the occasion of its fortieth anniversary, discover the speech by Bruno Le Maire, Minister of Economy and Finance.
The Future of Europe in the Context of Sino-American Competition - Foreword
In this special issue of Politique étrangère devoted to the proceedings of the conference organized by Ifri on April 10, 2019, in the Grand Amphitheater of the Sorbonne, on the occasion of its fortieth anniversary, discover the speech by Bruno Le Maire, Minister of Economy and Finance.
Law: An Economic and Geopolitical Weapon of the United States
From the 2000s, the United States has developed an extraterritorial legal policy that began with fighting corruption but has since broadened considerably.
China’s Smart Cities: The New Geopolitical Battleground
“Smart city” development has become a fashionable policy and research topic. A growing number of central and local governments in Europe, Asia, Africa and Latin America, in partnership with companies from diverse sectors (construction, transport, energy, water, etc), consulting firms, NGOs and experts, are now developing smart-city-related projects.
What Is a Think Tank?
When I was laying the foundations for the French Institute of International Relations (Ifri)1 in 1978 and 1979, only a select few in France were familiar with the English term “think tank” and had at least an approximate idea of what it covered.
This term has become fashionable but still has no consensual definition.
Ten Years Ahead: Insights Into the Agendas of International Think Tanks
A panel with Michael Fullilove, executive director, Lowy Institute (Australia), Rohinton P. Medhora, president, Centre for International Governance Innovation (Canada), Samir Saran, president, Observer Research Foundation (India), Patrycja Sasnal, head of research and senior fellow for the Middle East, Polish Institute of International Affairs (Poland), and Carlos Ivan Simonsen Leal, president, Getulio Vargas Foundation (Brazil), moderated by Thomas Gomart, director, French Institute of International Relations (France) as part of the 12th regional conference of Council of Councils (CoC), which unfolded from November 17 to 19, 2019 at Ifri.
What Is a Think Tank? A French Perspective
The French Institute of International Relations (Ifri) celebrated its 40th anniversary in the spring of 2019, in a completely different environment to when it was founded, which was dominated by the competition between the two “superpowers” of the time, the United States and the Soviet Union (USSR).
The Changing Political Agenda and Role of Think Tanks in the Next Decade. Video
A debate in the framework of the 12th regional conference of Council of Councils (CoC) in Paris between Thierry de Montbrial, Executive Chairman of Ifri and Richard N. Haass, President of Council on Foreign Relations (CFR). Moderator: Sophie Pedder, Paris Bureau Chief, The Economist.
What Is Digital Power?
Digital power refers to any actor’s ability to exploit digital data to help influence the behavior of other actors on the international stage and to achieve its own ends. It is about understanding how it influences events in the real world, despite its “intangible” nature.
China’s Belt & Road and the World: Competing Forms of Globalization
China increasingly sees its flagship foreign policy project as a tool for restructuring global governance and a vector for promoting a new form of globalization.
The Future of the International Monetary and Financial System
Following the collapse of the Bretton Woods system, the international community sought new stability in the financial system and the assurance of sustained growth. The crisis that began in 2007-2008 has revealed weaknesses that affected advanced economies first and foremost. Efforts have since been made to consolidate the international financial architecture, to coordinate macroeconomic policy, and to improve foreign exchange relations, even if this latter objective has proven complex.
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).
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.
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.
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.
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.