Abstract
This concluding chapter summarizes the insights from the different contributions to the volumes and provides an outlook for future research. Different from the introduction, we focus here on the substantial contributions of each chapter for an emerging research agenda on geoeconomics in a changing global order. We do so in three steps. First, we identify four cross-cutting themes by comparing and contrasting various contributions to this volume: the historicization of geoeconomic phenomena, geoeconomics as a multi-layered phenomenon, the relational aspects of global geoeconomic dynamics, and the relationship between geoeconomics and state transformations, drawing out cross-cutting themes. Second, we formulate an emerging research agenda out of each of the described themes, which seeks to push scholarship on geoeconomics forward in an interdisciplinary manner. Third, we make this research agenda more concrete by extracting a core proposition from each chapter that contributes a building block for future research on geoeconomics and the role of Europe in a change global order. We end by formulating three key insights form this book for policy-and decision-makers.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Alami, I., Babic, M., Dixon, A. D., & Liu, I. T. (2022). Special issue introduction: What is the new state capitalism? Contemporary Politics, 28(3), 245–263. https://doi.org/10.1080/13569775.2021.2022336
Babic, M., & Dixon, A. D. (2022). Is the China-effect real? Ideational change and the increasing political contestation of Chinese state-led investment in Europe. The Chinese Journal of Interntional Politics, 15(2), 111–139. https://doi.org/10.1093/cjip/poac009
Bauerle Danzman, S. (2021). Investment screening in the shadow of weaponized interdependence. In D. W. Drezner, H. Farrell, & A. Newman (Eds.), The Uses and Abuses of Weaponized Interdependence (pp. 257–272). Brookings Institution Press.
Beeson, M. (2018). Geoeconomics with Chinese Characteristics: The BRI and China’s Evolving Grand Strategy. Economic and Political Studies, 6(3), 240–256.
Blackwill, R. D., & Harris, J. M. (2016). War by Other Means: Geoeconomics and Statecraft. The Belknap Press of Harvard University Press.
Drezner, D.W., Farrell, H., & Newman, A. L. (Eds.). (2021). The uses and abuses of weaponized interdependence. Brookings Institution Press.
Farrell, H., & Newman, A. L. (2019). Weaponized interdependence: How global economic networks shape state coercion. International Security, 44(1), 42–79. https://doi.org/10.1162/isec_a_00351
Gertz, G., & Evers, M. M. (2020). Geoeconomic competition: will state capitalism win? The Washington Quarterly, 43(2), 117–136.
Hopewell, K. (2020). Clash of Powers: US-China Rivalry in Global Trade Governance. Cambridge University Press.
Luttwak, E. N. (1990). From geopolitics to geo-economics: Logic of Conflict, Grammar of commerce. The National Interest, (20). 17–23. http://www.jstor.org/stable/42894676
Moisio, S. (2019). Re‐thinking Geoeconomics: Towards a Political geography of economic geographies. Geography Compass, 13(10). https://onlinelibrary.wiley.com/doi/abs/https://doi.org/10.1111/gec3.12466
Ohmae, K. (1990). The borderless world: power and strategy in the interlinked economy. Collins.
Pavlićević, D. (2019). Structural power and the China-EU-Western Balkans triangular relations. Asia Europe Journal, 17(4), 453–468. https://doi.org/10.1007/s10308-019-00566-y
Roberts, A., Choer Moraes, H., & Ferguson, V. (2019). Toward a geoeconomic order. Journal of International Economic Law, 22(4), 655–676.
Rogers, S. (2022). Illiberal capitalist development: Chinese state-owned capital investment in Serbia. Contemporary Politics, 1–18. https://doi.org/10.1080/13569775.2021.2022876
Schindler, S., DiCarlo, J., & Paudel, D. (2021). The new cold war and the rise of the 21st century infrastructure state. Transactions of the Institute of British Geographers, 47(2), 331–346. tran.12480. https://doi.org/10.1111/tran.12480
Schwartz, H. M. (2019). American hegemony: Intellectual property rights, dollar centrality, and infrastructural power. Review of International Political Economy, 26(3), 490–519. https://doi.org/10.1080/09692290.2019.1597754
Wesley, M. (2016). Australia and the rise of geoeconomics. Strategic and Defence Studies Centre ANU.
Wigell, M., & Vihma, A. (2016). Geopolitics versus geoeconomics: The case of Russia’s geostrategy and its effects on the EU. International Affairs, 92(3), 605–627.
Wigell, M., Scholvin, S., & Aaltola, M. (2021). Geo-economics and power politics in the 21st century: The revival of economics statecraft. Routledge Taylor & Francis Group.
Yeung, H. W. (2017). Rethinking the East Asian developmental state in its historical context: Finance, geopolitics and bureaucracy. Area Development and Policy, 2(1), 1–23. https://doi.org/10.1080/23792949.2016.1264868
Acknowledgements
This chapter was supported by the European Research Council (ERC) under the European Union’s Horizon 2020 research and innovation program (Grant agreement No. 758430).
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2022 The Author(s), under exclusive license to Springer Nature Switzerland AG
About this chapter
Cite this chapter
Babić, M., Dixon, A.D., Liu, I.T. (2022). Moving Forward: Understanding the Geoeconomic Decade of the 2020s. In: Babić, M., Dixon, A.D., Liu, I.T. (eds) The Political Economy of Geoeconomics: Europe in a Changing World. International Political Economy Series. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-031-01968-5_8
Download citation
DOI: https://doi.org/10.1007/978-3-031-01968-5_8
Published:
Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-031-01967-8
Online ISBN: 978-3-031-01968-5
eBook Packages: Political Science and International StudiesPolitical Science and International Studies (R0)