Europe recalibrates its global stance, seeking strategic autonomy in response to the US’s unpredictability and China’s growing influence.| Elcano Royal Institute
La incertidumbre es muy elevada tras el anuncio de la Administración Trump de un incremento de aranceles a casi todos los países del mundo.| Real Instituto Elcano
As the global economy fragments along geopolitical lines, countries are seeking new ways to flourish, or at least insulate themselves against geopolitical shocks. Drawing from a newly constructed database, this column explores the concept of ‘connector’ countries, which can be vertical along supply chains or horizontal across markets. The authors argue that vertical connectors may increasingly come under political pressure, whereas horizontal connectors may be more resilient to geopolitic...| CEPR