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.
As it gets ready for a tumultuous US presidency, the EU is something of a geopolitical castaway. To emerge (reasonably) unscathed from the next four years, EU leaders should learn from shipwrecked sailors about the need to keep calm, remain united and stay focused on long-term priorities
In the coming years, China’s leaders could make good on their pledges to “reunify” Taiwan and the Chinese mainland by force. European policymakers need to begin preparing economic statecraft options for such a scenario – and they need to do so now
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
Donald Trump announced that the US was imposing high trade tariffs against Canada and Mexico—only to pause them a few hours later. Europeans should monitor Trump’s playbook and learn from the countries’ response
Europe’s geopolitical strength hinges on its ability to invest boldly and cooperatively. To transcend the divide between its frugal and spender member states, the EU should begin with defence spending
As it gets ready for a tumultuous US presidency, the EU is something of a geopolitical castaway. To emerge (reasonably) unscathed from the next four years, EU leaders should learn from shipwrecked sailors about the need to keep calm, remain united and stay focused on long-term priorities
Since Donald Trump’s re-election, the EU has been remarkably active on the trade scene. The bloc’s member state capitals must commit to future deals to ensure that talks are followed by implementation
Quantum technologies are transforming the global economic and security landscape, and the EU has much to gain. But without decisive action to address funding gaps and coordination challenges, its leadership potential may remain unrealised
Europeans and Americans should work closely together on a staged sanctions lifting process. They must connect this to respect for human rights and the holding of elections
An agreement between the EU and the Mercosur trade bloc promises an 800-million-person market and reduced tariffs. Yet political fears in Europe threaten to derail the landmark deal, jeopardising global alliances and the EU’s position as a leader in multilateral trade
Northvolt’s near-collapse demonstrates why the EU needs an economic security doctrine to identify where in the battery supply chain Europe can create winners – and then go all-in for success. If Europe continues down the same path, its battery industry will hit a wall
The EU vote in favour of tariffs on Chinese electric vehicles has exposed divisions across EU member states on how to approach the challenges that China’s economic rise pose
In the coming years, China’s leaders could make good on their pledges to “reunify” Taiwan and the Chinese mainland by force. European policymakers need to begin preparing economic statecraft options for such a scenario – and they need to do so now
The EU cannot afford to stay divided on its green industrial policy. Instead, the next European Commission should spearhead a common and credible approach to ensure the bloc catches the next green technology wave
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
Donald Trump announced that the US was imposing high trade tariffs against Canada and Mexico—only to pause them a few hours later. Europeans should monitor Trump’s playbook and learn from the countries’ response
Europe’s geopolitical strength hinges on its ability to invest boldly and cooperatively. To transcend the divide between its frugal and spender member states, the EU should begin with defence spending
As it gets ready for a tumultuous US presidency, the EU is something of a geopolitical castaway. To emerge (reasonably) unscathed from the next four years, EU leaders should learn from shipwrecked sailors about the need to keep calm, remain united and stay focused on long-term priorities
Since Donald Trump’s re-election, the EU has been remarkably active on the trade scene. The bloc’s member state capitals must commit to future deals to ensure that talks are followed by implementation
Quantum technologies are transforming the global economic and security landscape, and the EU has much to gain. But without decisive action to address funding gaps and coordination challenges, its leadership potential may remain unrealised
Europeans and Americans should work closely together on a staged sanctions lifting process. They must connect this to respect for human rights and the holding of elections
An agreement between the EU and the Mercosur trade bloc promises an 800-million-person market and reduced tariffs. Yet political fears in Europe threaten to derail the landmark deal, jeopardising global alliances and the EU’s position as a leader in multilateral trade
Northvolt’s near-collapse demonstrates why the EU needs an economic security doctrine to identify where in the battery supply chain Europe can create winners – and then go all-in for success. If Europe continues down the same path, its battery industry will hit a wall
The EU vote in favour of tariffs on Chinese electric vehicles has exposed divisions across EU member states on how to approach the challenges that China’s economic rise pose
Mark Leonard welcomes Agathe Demarais and Abraham Newman to discuss how Europe can overcome its internal dysfunction to meet the geoeconomic challenges of today
Mark Leonard welcomes Agathe Demarais and Janka Oertel to discuss EU tariffs on Chinese electric vehicles and the potential for future economic sanctions
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
Picture this scenario: the year is 2028 and western intelligence services have reached an alarming conclusion. Credible sources suggest that China is about to impose…
ECFR Berlin, Unter den Linden 17, 10117 Berlin (entrance: Rosmarinstr. 1)
ECFR Berlin
Picture this scenario: the year is 2028 and Western intelligence services have reached an alarming conclusion. Credible sources suggest that China is about to impose…
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…
Agathe Demarais on the risk that Trump will impose tariffs on the EU
Trump is targeting those economies that record the highest trade surpluses with the US – meaning that China, the EU, Canada, and Mexico will all be first in the firing line
Agathe Demarais on Trump’s potential imposition of tariffs on European goods
Privacy Preference
We have embedded content provided by third parties on our website, such as videos or social media content. Because displaying this content involves technical data, as well as data about your device or browser, being sent to the providers hosting the content, and because these providers may use cookies to display or configure this content, it will only be displayed with your consent. The providers, such as YouTube, Instagram, Vimeo or Twitter, may use this data for their own purposes, including marketing purposes, and may combine it with other information they have collected about you. They may transfer data to servers outside the EU. Click on details to find out more or go to our privacy notice. We use cookies and other technologies on our website. Some of them are essential, while others help us to improve this website and your experience.Personal data may be processed (e.g. IP addresses), for example for personalized ads and content or ad and content measurement.You can find more information about the use of your data in our privacy policy.You can revoke or adjust your selection at any time under Settings.
We use cookies and other technologies on our website. Some of them are essential, while others help us to improve this website and your experience.Personal data may be processed (e.g. IP addresses), for example for personalized ads and content or ad and content measurement.You can find more information about the use of your data in our privacy policy.You can give your consent to whole categories or display further information and select certain services. You can revoke your consent at any time using the links under https://ecfr.eu/consent-management/