10-03-2016

After Paris November 13: more geopolitics than geoeconomics?

Lecture by Pascal Lamy Following what happened on November 13th in Paris, it is worth reconsidering the relationship between geopolitics and geoeconomics: are geopolitics back after a period when we all thought geo-economics would rule this world?
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Are geopolitics back to trump geo-economics? Following what happened on November 13th in Paris, it is worth reconsidering the relationship between geopolitics and geoeconomics: are geopolitics back after a period when we all thought geo-economics would rule this world? My generation has lived through this big transformation, which we call globalization, and for a few decades we considered this trend to be a process that would lead to a more peaceful world of politics. That has been the prevailing view for a long time, but in recent years the winds seem to have changed direction. We had a huge financial, economic and social crisis. We have growing security issues, including in Europe. Terrorism is on the rise. These are numerous signs that the world may be becoming more unstable, more frightening and more dangerous than before. [embed]https://www.youtube.com/watch?v=eYPPB8zFksg#action=share[/embed] This takes us back to a fundamental question: are geo-economics and geopolitics synchronized or not? Does the globalization of economic infrastructure lead to the globalization of political superstructures? And if the globalization of economic infrastructure creates more stability, does this make geopolitical superstructures more stable? Of course, this is an important question for us Europeans, as the European integration is so far the only acknowledged experiment in synergy between geo-economic integration and geopolitical integration. I will focus my remarks on three basic points:
  1. What was the view that geo-economics would progressively come to trump geopolitics?
  2. What is the view that says geopolitics are back?
  3. What does this mean for the European project?
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