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The global economic order is undergoing a fundamental transformation. The globalization paradigm has given way to new perspectives on the benefits and risks of economic interdependence as well as the geopolitical and security implications of market integration. The world is moving away from a rules-based system where economic integration was seen as an end in itself to one where geopolitical considerations increasingly dictate policy decisions and the extent of economic openness.
The Geoeconomics RPN will focus on these new challenges in a comprehensive way. The main goal of this network is to generate, coordinate and disseminate policy-relevant academic research on these questions, to develop a more precise understanding of geo-economic strategies and to foster the dialogue between academics and policy makers, working at the intersection of geopolitics and economics.
The RPN will address the concept of economic security in a world where strategic players exploit economic and financial vulnerabilities (“choke points”). Researchers will study how international economic policies can be used to achieve geopolitical, security and foreign policy goals and aim to quantify these vulnerabilities and the economic costs of potential disruptions of supply chains, production networks, financial networks, technology and market access. Other topics include the potential consequences of deglobalization for macroeconomic outcomes, as well as the effects of growing geopolitical risks and wars on growth and development, as well as on inflation, interest rates, and asset returns and the geography of capital flows.
The Geoeconomics RPN will bring together leading researchers and policymakers interested in these questions. Its main aim is to learn, discuss with each other, and produce new knowledge that can be shared with policymakers and the general public – via research papers, webinars, policy reports and columns on voxeu.org.
The Kiel Institute will host the new Geoeconomics RPN in a new office in Berlin, with regular events, policy interaction, and an international visitors program for top scholars doing research on the topic. This new push will complement and strengthen the Kiel-based Geopolitics and Economics Initiative founded last year. Sciences Po is a strategic partner in these initiatives, but we are keen to develop institutional ties beyond the Franco-German sphere.
Events and Output
The Geoeconomics RPN will host an annual RPN network conference, building upon the success of the Kiel-CEPR Geopolitcs & Economics conference of September 2022. The inaugural conference of the RPN is planned on November 30/December 1 2023 in Berlin. The RPN will also aim to organize one smaller spring workshop with a focus on younger scholars. The RPN plans to organize a geoeconomics webinar in cooperation with other international institutions. The RPN and its members will produce VoxColumns and CEPR Discussion Papers.