#MSC2023: The EU's geoeconomic influence - presentation of our joint study with Bertelsmann Stiftung

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Presentation of our joint study with Bertelsmann Stiftung at the Munich Security Conference 2023:
Keeping friends closer: Why the EU should address new geoeconomic realities and get its neighbours back in the fold.

The EU's geoeconomic influence in its neighbourhood vis-à-vis China, Russia and the USA

The liberal paradigm of “change through trade” is under intense scrutiny.
The fallout from Russia’s invasion of Ukraine is the latest example of how the economic interdependencies generated by the last few decades of hyper-globalisation can be used as a weapon. But is it true that economic interdependence has had its day as a political tool? In this discussion, we present the findings of a new study quantifying EU, US, Chinese and Russian interconnectivity with the EU neighbourhood. We stress that EU economic and financial influence in the region remains strong, and that economic integration remains an important policy instrument when used strategically. Moreover, we outline how the EU should adapt its enlargement and neighbourhood policies to the new reality, leveraging interconnectivity to better promote democratic and market-based development in this region and prevent autocratic systems from taking root and gaining influence.

#europe #msc2023 #ukraine #ukrainewar #russia #china #usa #economics #politics #security
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