Geo-economics involves states using levers such as their control of natural resources and new technologies for narrow strategic advantage. It is something the European Union and United States have tamed in the past, wielding their market power to shape a global trading system in which even competitors share access to resources and innovations. But that system is being tested by US-China antagonism – at just the moment when technological and environmental changes unleash huge challenges. Therefore, this chapter presents three plausible scenarios for geo-economics in 2030 that each play out around two factors: the character of US-China interaction and access to resources and new technologies.
Geo-economics – one of DGAP’s core themes – explores how the politics of trade, technology, finance, and/or energy can be employed to achieve strategic goals. For Europe to remain a key player internationally, the continent must help define the rules of a new geo-economic world order. DGAP looks at how Germany can contribute to better positioning Europe in this increasingly competitive landscape.