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Redefining Europe’s economic sovereignty

Author

Listed:
  • Mark Leonard
  • Jean Pisani-Ferry
  • Elina Ribakova
  • Jeremy Shapiro
  • Guntram B. Wolff

Abstract

Europeans like to believe the European Union has the collective economic size and capacity to determine its own economic destiny. But the behaviour of others global powers is increasingly calling this ability into question. China and the United States, especially, do not separate economic interests from geopolitical interests in the same way the EU does. They are increasingly using economic connections, from cyberspace to financial links, to gain geopolitical advantage...

Suggested Citation

  • Mark Leonard & Jean Pisani-Ferry & Elina Ribakova & Jeremy Shapiro & Guntram B. Wolff, 2019. "Redefining Europe’s economic sovereignty," Bruegel Policy Contributions 31321, Bruegel.
    • Handle: RePEc:bre:polcon:31321
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    References listed on IDEAS

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    1. André Sapir, . "Fragmented power- Europe and the global economy," Bruegel Book, Bruegel, number 54.
    2. Saleem Bahaj & Ricardo Reis, 2018. "Central Bank Swap Lines," Discussion Papers 1816, Centre for Macroeconomics (CFM).
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    Cited by:

    1. Andreas Goldthau & Nick Sitter, 2021. "Horses for courses. The roles of IPE and Global Public Policy in global energy research [The profits of power: Commerce and realpolitik in Eurasia]," Policy and Society, Darryl S. Jarvis and M. Ramesh, vol. 40(4), pages 467-483.
    2. Reuter, Christian & Kaufhold, Marc-André & Schmid, Stefka & Spielhofer, Thomas & Hahne, Anna Sophie, 2019. "The impact of risk cultures: Citizens' perception of social media use in emergencies across Europe," Technological Forecasting and Social Change, Elsevier, vol. 148(C).
    3. Eckhard Janeba, 2024. "Extraterritorial trade sanctions: Theory and application to the US–Iran–EU conflict," Review of International Economics, Wiley Blackwell, vol. 32(1), pages 49-71, February.
    4. Francesco Crespi & Serenella Caravella & Mirko Menghini & Chiara Salvatori, 2021. "European Technological Sovereignty: An Emerging Framework for Policy Strategy," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 56(6), pages 348-354, November.
    5. Lenz, Fulko, 2020. "Europa im Systemwettbewerb mit China: Trugschlüsse, Schutzinstrumente und offensive Antworten," Argumente zur Marktwirtschaft und Politik 150, Stiftung Marktwirtschaft / The Market Economy Foundation, Berlin.
    6. Morgenthaler, Simon & Kuckshinrichs, Wilhelm & Witthaut, Dirk, 2020. "Optimal system layout and locations for fully renewable high temperature co-electrolysis," Applied Energy, Elsevier, vol. 260(C).
    7. Giudice, Gabriele & de Manuel Aramendía, Mirzha & Kontolemis, Zenon & Monteiro, Daniel P., 2019. "A European safe asset to complement national government bonds," MPRA Paper 95748, University Library of Munich, Germany.
    8. Doris Fischer, Nils Ole Oermann, Hans-Jürgen Wolff, Xuewu Gu, Margot Schüller Antonia Reinecke, 2019. "Die Konkurrenz um wirtschaftliche Dominanz: Wie kann sich Europa zwischen den USA und China positionieren?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 72(22), pages 03-21, November.
    9. György Szapáry & Dániel János Plósz, 2019. "Geopolitical Shifts in the Evolving New World Order," Financial and Economic Review, Magyar Nemzeti Bank (Central Bank of Hungary), vol. 18(4), pages 112-129.
    10. Afontsev, S., 2024. "Theoretical dimensions of economic sovereignty," Journal of the New Economic Association, New Economic Association, vol. 64(3), pages 218-224.
    11. Solovyev, E., 2024. "Evolution of the concept of "sovereignty" - is there a place for economic sovereignty in political science?," Journal of the New Economic Association, New Economic Association, vol. 64(3), pages 225-231.
    12. Niclas Frederic Poitiers, 2020. "Institutionelle Aspekte einer neuen Handelsordnung," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 100(5), pages 328-332, May.

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