{"id":16520,"date":"2023-05-03T14:27:56","date_gmt":"2023-05-03T13:27:56","guid":{"rendered":"https:\/\/www.worldpolicyconference.com\/?p=16520"},"modified":"2023-05-03T14:33:15","modified_gmt":"2023-05-03T13:33:15","slug":"the-economic-threat-of-undisciplined-geopolitical-primacy","status":"publish","type":"post","link":"https:\/\/www.worldpolicyconference.com\/fr\/the-economic-threat-of-undisciplined-geopolitical-primacy\/","title":{"rendered":"The Economic Threat of Undisciplined Geopolitical Primacy"},"content":{"rendered":"<div class=\"article__abs u-mt-se\" dir=\"ltr\">\n<p>ARTICLE \u2013<em> Over the past few years, national-security experts and economic policymakers have found themselves at odds over the best approach to international relations. While geopolitical considerations are currently dominating the discussion, economists must continue to voice their concerns about the long-term costs of fragmentation.<\/em><\/p>\n<\/div>\n<div class=\"article__body article__body--commentary paywall english\" dir=\"ltr\" data-page-area=\"article-body\">\n<p data-line-id=\"de9a02746dc849bcb146dc692f70f4c3\">PARIS \u2013 In recent weeks, there has been no shortage of speeches by prominent leaders discussing their countries\u2019 relationships with China and the potential economic fallout of geopolitical fragmentation. This is a welcome, if much-belated, discussion. But it must address a fundamental question: Can rivalry and economic integration coexist and, if so, under which terms? The answer will determine the fate of the global economy.<\/p>\n<p data-line-id=\"de9a02746dc849bcb146dc692f70f4c3\">In February 2020, Jennifer Harris and Jake Sullivan published an article\u00a0highlighting the need\u00a0for a shift in economic thinking. When it came to managing globalization, they noted, foreign-policy professionals have largely deferred to the \u201csmall community of experts who run international economic affairs.\u201d They urged national-security specialists to step up, recommended a proactive stance on public investment, and advocated a more guarded approach to trade opening.<\/p>\n<p data-line-id=\"fa186b0ee5ad4eacb78131df9050741d\">Geopolitics and international economics have long operated under two distinct paradigms. Foreign-policy experts often see global politics as a zero-sum game in which one country\u2019s gain is another\u2019s loss. By contrast, economists tend to focus on the potential for mutual gains from multilateral cooperation and market-led integration. These contradictory paradigms were married to each other by the shared belief that trade and openness were in the best interest of the United States. America\u2019s hegemonic status had its drawbacks, but the benefits outweighed the costs.<\/p>\n<p data-line-id=\"fa186b0ee5ad4eacb78131df9050741d\">[&#8230;]<\/p>\n<p data-line-id=\"fa186b0ee5ad4eacb78131df9050741d\">Read the article written by Jean Pisani-Ferry on the <a href=\"https:\/\/www.project-syndicate.org\/commentary\/prioritizing-geopolitics-over-economic-prosperity-severe-consequences-by-jean-pisani-ferry-2023-05?barrier=accesspaylog\">Project Syndicate website<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>ARTICLE \u2013 Over the past few years, national-security experts and economic policymakers have found themselves at odds over the best approach to international relations. While geopolitical considerations are currently dominating<\/p>\n","protected":false},"author":3,"featured_media":13594,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[154],"class_list":["post-16520","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-room","tag-154"],"_links":{"self":[{"href":"https:\/\/www.worldpolicyconference.com\/fr\/wp-json\/wp\/v2\/posts\/16520","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.worldpolicyconference.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.worldpolicyconference.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.worldpolicyconference.com\/fr\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.worldpolicyconference.com\/fr\/wp-json\/wp\/v2\/comments?post=16520"}],"version-history":[{"count":0,"href":"https:\/\/www.worldpolicyconference.com\/fr\/wp-json\/wp\/v2\/posts\/16520\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.worldpolicyconference.com\/fr\/wp-json\/wp\/v2\/media\/13594"}],"wp:attachment":[{"href":"https:\/\/www.worldpolicyconference.com\/fr\/wp-json\/wp\/v2\/media?parent=16520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.worldpolicyconference.com\/fr\/wp-json\/wp\/v2\/categories?post=16520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.worldpolicyconference.com\/fr\/wp-json\/wp\/v2\/tags?post=16520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}