Ei ole eesti keeles kättesaadav
Feodora Teti
- 14 July 2026
- DISCUSSION PAPER SERIES - No. 31Details
- Abstract
- We study the role of geoeconomics in shaping globalisation and trade policy. We first review the evolution of world trade since the end of World War II, highlighting the drivers of globalisation and its economic consequences. We then synthesise recent research on geoeconomics, which analyses how countries use trade policy as a tool to pursue geopolitical objectives. Against this background, we argue that the gradual shift in geoeconomic power from the United States toward China since the 2000s has been driving a fragmentation in world trade along geopolitical lines. We provide conceptual policy recommendations for the European Union to navigate an environment characterised by intensifying geopolitical competition.
- JEL Code
- F02 : International Economics→General→International Economic Order
F1 : International Economics→Trade
F4 : International Economics→Macroeconomic Aspects of International Trade and Finance
F5 : International Economics→International Relations, National Security, and International Political Economy
F6 : International Economics→Economic Impacts of Globalization