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Euroquestions #63 | Economic security, the new European imperative? [FR]

| 21/06/2023 | 14:30 > 15:00 |

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On June 20, the European Commission will publish a European economic security strategy to be discussed by the Heads of State and Government at the European Council on June 29 and 30.

Against a backdrop of growing rivalry between the United States and China, what is the priority for Europeans? Does the European Union have the same analysis of economic risks as the United States? Can we speak of a European-style de-risking doctrine? Is it a question of focusing on strengthening the resilience of their value chains? Or is it also about limiting technology transfers, by extending the scope of export controls and introducing controls on outward investment? What are the guidelines for reducing overdependence on a single supplier, while continuing to support European prosperity in a tense inflationary context?
This is a fairly new debate in the EU, as economic security moves from being taboo in an open economy to becoming a decisive element in national and international policy-making. Is this a decisive step towards greater European strategic autonomy?

We are delighted to welcome Elvire Fabry, senior researcher in the geopolitics of trade.

On June 20, the European Commission will publish a European economic security strategy to be discussed by the Heads of State and Government at the European Council on June 29 and 30.

Against a backdrop of growing rivalry between the United States and China, what is the priority for Europeans? Does the European Union have the same analysis of economic risks as the United States? Can we speak of a European-style de-risking doctrine? Is it a question of focusing on strengthening the resilience of their value chains? Or is it also about limiting technology transfers, by extending the scope of export controls and introducing controls on outward investment? What are the guidelines for reducing overdependence on a single supplier, while continuing to support European prosperity in a tense inflationary context?
This is a fairly new debate in the EU, as economic security moves from being taboo in an open economy to becoming a decisive element in national and international policy-making. Is this a decisive step towards greater European strategic autonomy?

We are delighted to welcome Elvire Fabry, senior researcher in the geopolitics of trade.

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