Geo-Economics in 2030: How the EU Can Squeeze Out From Between the US and China
Chapter from Building European Resilience & Capacity to Act: Lessons for 2030
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.
