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Seminar series

The EU’s geoeconomic turn

From policy Laggard to institutional innovator

Add to calendar 2024-03-14 12:30 2024-03-14 14:00 Europe/Rome The EU’s geoeconomic turn Sala Triaria Villa Schifanoia YYYY-MM-DD
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When

14 March 2024

12:30 - 14:00 CET

Where

Sala Triaria

Villa Schifanoia

Join Sophie Meunier to explore the EU's geoeconomic turn and its innovative policy tools in response to global challenges.
Heightened geopolitical tensions and the growing securitisation of economic exchange over the past decade have prompted many countries to adopt new geoeconomic tools. Long resistant to this geoeconomic turn, the European Union (EU) has since 2017 created a panoply of innovative policy tools that blend trade and investment with essential security concerns. This paper examines why and how the EU has been able to implement the doctrinal and policy changes necessary to put economic tools at the service of geopolitics. After introducing a typology of defensive and offensive geoeconomic tools deployed by advanced industrial economies, we present the novel geoeconomic toolkit quickly assembled by the EU. This development is explained by the confluence of external factors that triggered European leaders’ beliefs in the necessity of change and internal factors that made such change institutionally and politically possible. This trend was reinforced by the pandemic and the Russian invasion of Ukraine.

Contact(s):

Alessandra Caldini

Speaker(s):

Sophie Meunier (Princeton)

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