Any attempt to understand the evolution of the global order would be futile without acknowledging the impact of economic, financial, and technological shifts. Diplomatic and military power derives from economic strength. Additionally, globalisation has created a web of supply chains and thus dependency across economies. Geoeconomics is an emerging field that seeks to understand the interplay of economics and geopolitics, for example in trade, technology, finance, infrastructure, energy, and in access to critical raw materials. ECFR’s research in geoeconomics explores the impact of global economic fragmentation, Western strategies to de-risk industries from China, and the future of economic statecraft tools.
The EU has started to join the dots between its economic and security policies. But as other powers reshape the geoeconomic landscape, it needs to upgrade its strategy beyond risk mitigation and competitiveness
European countries are increasingly using economic statecraft, such as sanctions, export controls or industrial policy, to respond to geopolitical challenges. To co-ordinate a comprehensive response, the next European Commission needs a geoeconomics vice president
The EU has started to join the dots between its economic and security policies. But as other powers reshape the geoeconomic landscape, it needs to upgrade its strategy beyond risk mitigation and competitiveness
As the European Union sets its new agenda, this webinar will delve into geoeconomics-related priorities for the incoming European Commission. Drawing on two new ECFR…
European countries are increasingly using economic statecraft, such as sanctions, export controls or industrial policy, to respond to geopolitical challenges. To co-ordinate a comprehensive response, the next European Commission needs a geoeconomics vice president
À seulement six mois de l’élection présidentielle américaine de novembre, les Européens s’efforcent de se préparer à une possible réélection de Donald Trump. Dans le domaine…
La discussione “Corridoio India-Medio Oriente-Europa: tra sfide attuali e potenziale strategico”, organizzata dall’ufficio di Roma dello European Council on Foreign Relations (ECFR) ed ELEC – European League for Economic Cooperation, avrà luogo, in forma virtuale, mercoledì 12 giugno 2024 dalle ore 16:30 alle ore 18:00 sulla piattaforma Zoom
L’IMEC è un progetto a lungo termine che richiede investimenti considerevoli e presenta notevoli ostacoli interni ed esterni. Ma il potenziale del corridoio di rafforzare i legami tra potenze diverse potrebbe rivelarsi prezioso in questo mondo frammentato e turbolento, con benefici geopolitici e geoeconomici per Europa ed i suoi partner
As Beijing’s investment approach to Latin America focuses on industries of strategic importance, the EU and US will need to contend with growing Chinese competition
Disagreement over expanding the EU’s energy-related restrictions makes a ban on Russian LNG imports unlikely. At the same time, potential measures on helium suggest Europeans are keen to avoid becoming dependent on the growing Russian industry
The EU has started to join the dots between its economic and security policies. But as other powers reshape the geoeconomic landscape, it needs to upgrade its strategy beyond risk mitigation and competitiveness
The India-Middle East-Europe economic corridor is alive, if not yet kicking. Europeans should use the hiatus in the corridor’s development to agree on the next steps, with a focus on reconciling the various goals of all its participants
Jonathan Hackenbroich, with
Filip Medunic,
Pawel Zerka
Policy Brief
The EU needs to develop an Anti-Coercion Instrument that acts as a powerful economic deterrent, but this alone will not sufficiently protect Europe against economic coercion
New technologies are a significant force shaping international relations. If the EU wants to be more than a mediator between the US and China, it will need to change its mindset
The anti-coercion instrument needs to enable countermeasures that are both effective and credible; if it does not, this could carry more risks than benefits
European countries are increasingly using economic statecraft, such as sanctions, export controls or industrial policy, to respond to geopolitical challenges. To co-ordinate a comprehensive response, the next European Commission needs a geoeconomics vice president
As Beijing’s investment approach to Latin America focuses on industries of strategic importance, the EU and US will need to contend with growing Chinese competition
Disagreement over expanding the EU’s energy-related restrictions makes a ban on Russian LNG imports unlikely. At the same time, potential measures on helium suggest Europeans are keen to avoid becoming dependent on the growing Russian industry
The EU’s plans to upgrade the Middle Corridor trade route may boost Russian and Chinese connectivity with central Asia. But for Europeans, the long-term economic and strategic benefits of going ahead with the development far outweigh these risks
India’s tough stance at the World Trade Organisation’s ministerial conference in Abu Dhabi illustrates emerging economies’ rising resentment towards EU trade policies
The UAE sees itself first and foremost as a valuable economic connector, bridging the BRICS+ and the West. Its bet is that great powers, even amid rising tensions, need a safe haven to do business with one another
Ukraine’s Western allies are discussing the possibility of confiscating frozen Russian sovereign assets to support Ukraine’s reconstruction. But if confiscated during the war, these funds could provide desperately needed – and stable – financial support for Kyiv’s war effort
The security challenge posed by Chinese electric vehicles is in many ways greater – and trickier to solve – than that of 5G networks. With such cars entering the European market at growing speed, policymakers need to move swiftly
The EU needs to complement defensive economic security measures with a focus on boosting its technological and industrial capacities. For this it needs a bold, security-driven investment plan
Jeremy Shapiro welcomes Anu Bradford to discuss her new book “Digital Empires” and the race between China, the US, and the EU to regulate tech companies and the digital economy
In this fifth episode of our new mini-series, Mark Leonard and Susi Dennison talk to Ivan Rogers about the potential for a great reset in UK-EU relations
Last week, France’s president Emmanuel Macron threw the EU bubble into turmoil by suggesting that Europe should not become the United States’ “vassal” over Taiwan
As the European Union sets its new agenda, this webinar will delve into geoeconomics-related priorities for the incoming European Commission. Drawing on two new ECFR…
La discussione “Corridoio India-Medio Oriente-Europa: tra sfide attuali e potenziale strategico”, organizzata dall’ufficio di Roma dello European Council on Foreign Relations (ECFR) ed ELEC – European League for Economic Cooperation, avrà luogo, in forma virtuale, mercoledì 12 giugno 2024 dalle ore 16:30 alle ore 18:00 sulla piattaforma Zoom
À seulement six mois de l’élection présidentielle américaine de novembre, les Européens s’efforcent de se préparer à une possible réélection de Donald Trump. Dans le domaine…
L’IMEC è un progetto a lungo termine che richiede investimenti considerevoli e presenta notevoli ostacoli interni ed esterni. Ma il potenziale del corridoio di rafforzare i legami tra potenze diverse potrebbe rivelarsi prezioso in questo mondo frammentato e turbolento, con benefici geopolitici e geoeconomici per Europa ed i suoi partner
Ministero degli Affari Esteri e della Cooperazione Internazionale, Roma
ECFR Rome
Nella sua edizione 2024, il Rome Foreign Policy Club riunisce giovani ricercatori italiani under 40 per costruire ipotesi di scenario che possano supportare la definizione di policy da parte del Ministero per gli Affari Esteri e la Cooperazione Internazionale. L’evento più significativo per l’anno in corso è indubbiamente rappresentato dalle elezioni americane di novembre il cui esito avrà enormi implicazioni su due aspetti cruciali del contesto internazionale: i rapporti con Cina e Sud Globale e le relazioni con Mosca alla luce del conflitto in Ucraina
The economic shock after COVID-19 plunged many African economies into debt trouble. Yet, four years later, the current system for restructuring debts – the G20 Common…
Quarto appuntamento di una serie di working lunch realizzati congiuntamente da ECFR Roma, SDA Bocconi e l’Institute for European Policymaking @ Bocconi University
On April 17-18, 2024, Madrid played host to a diverse group of public and private high-level stakeholders with foreign, economic, and security policy backgrounds. It was the concluding event of the 2023/24 edition of the ECFR Geoeconomic Strategy Group
Following the success of the 2022 and 2023 editions, the 2024 Tech Summit will continue to foster dialogue on EU’s role in technological competition and the needed actions in a multilateral context in relation to technology, defence and security
In the media
The situation is peculiar because we don’t see a huge impact if we look to energy prices or oil prices in the region due to rising instability, but that is partially due to external factors
Alberto Rizzi on the potential of subsea energy cables, and what the implications for European policy are
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