Economy
The economy is an essential attribute of power and a major component of international relations. While geopolitical tensions are on the rise, economic interdependence remains strong.
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To respond to growing global competition, the EU has made notable progress on the internal dimension of technology policy over the past 3 years. It is now also seeking to adapt its foreign policy – from the transatlantic relationship to global partnerships – to technological challenges.
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The Automotive Industry: The Achilles’ Heel of German Economy?
The global car market has been shrinking since 2018. This is a key economic sector for Germany whose producers belong to the Top 15 carmakers worldwide. Yet they are running the risk of being outclassed and eventually replaced, given emerging actors in the USA and China.
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Baden-Württemberg's economic and social structure offered good starting conditions for center-right parties from the beginning, which the Christian Democratic Union of Germany (CDU) initially knew how to use for itself. From 1953 to 2011 the Prime Minister belonged to the CDU. In 2011 the Greens and the Social Democratic Party of Germany (SPD) won an election over the CDU for the first time. Winfried Kretschmann was elected the first Green Prime Minister in a German state.
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Related centers and programs
Geoeconomics and Geofinance Initiative
Economic questions are approached from a political economy perspective: the evolution of the global economic system, governance and institutions, dynamics and trends of various economic zones (United States, Russia, China, emerging markets...). European issues are at the core of our research.