As the world becomes increasingly disordered and fragmented, Europe faces mounting geoeconomic challenges on multiple fronts: Russia’s war in Ukraine, China’s ambitions in Taiwan, and the uncertain future of transatlantic relations under Donald Trump. To remain relevant, European policymakers must step up and approach supply chains, trade rules, investment flows, and energy policy as indispensable elements of statecraft.
This week Mark Leonard welcomes Agathe Demarais, ECFR’s geoeconomics lead, and Abraham Newman, professor at the School of Foreign Service and the Department of Government at Georgetown University, and co-author of Underground Empire: How America Weaponized the World Economy, to discuss how Europe can overcome its internal dysfunction when it comes to geoeconomics. How can Europe remain relevant in geoeconomics? What are the main obstacles to it doing so? And what risks does Europe face by sticking to business as usual?
Bookshelf:
The Nightingale Gallery by Paul Doherty
Europe Must Unlock Its Geoeconomic Power by Agathe Demarais and Abraham Newman
The Other '68ers: Student Protest and Christian Democracy in West Germany by Anna Von Der Goltz
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