- English
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About this book
Multiple crises have shaken the foundations of the global economy, and the resulting instability has yet to recover. Instead, it has led to increasing fragmentation along political and ideological lines. The current geoeconomic order is increasingly defined by the use of advanced trade defense and economic security tools, such as tariffs, trade barriers, sanctions, and export restrictions, which have become more sophisticated. Major economies are adapting to this new reality by shaping their own definitions of economic security, particularly to safeguard critical and high-tech sectors. The EU, the US, and China are each calibrating their economic security strategies, seeking a balance between openness and protection that maximizes their respective advantages. However, in this shifting international landscape, new actors are emerging with the potential to influence the global balance of power.What type of "new globalization" is emerging? Could economic security tools become the new normal in the global economy? What are the key economic security strategies adopted by the world's leading economies?
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Table of contents
- Cover
- Title
- Copyright
- Table of Contents
- Introduction Paolo Magri
- 1. Fragmentation in International Economic Relations: Is Economic Security the Answer? Filippo Fasulo, Alessandro Gili
- 2. The EU’s Approach to Economic Security Conor McCaffrey, Niclas Frederic Poitiers
- 3. Economic Statecraft and the US Silly Season Charles Lichfield
- 4. Economic Security: A Chinese Perspective Zha Daojiong
- 5. The Economic Connectors: Pillars of a New Globalisation? Amitendu Palit
- 6. The National Security Threat to the World Trade Organization Jeffrey J. Schott
- 7. The Role of Sanctions in Global Politics: How Do Sanctions (Not) Work? Ksenia Kirkham
- About the Authors