Search Results (43)

A key component of sustainable transitions is the shift to renewable energy (RE) sources. Much scholarly work has focused on technical challenges of RE production or on social, political, and economic barriers to RE adoption. However, less research has focused on the geopolitical dynamics that could affect also inhibit RE transitions. This is especially true given China’s growing leverage over the production and trade of materials critical to RE production, distribution, and storage. Understanding the mechanisms, objectives, and implications of China’s dominance in the RE market requires a thorough overview. To analyse China’s strategic positioning in the global RE market, we apply a geoeconomics framework, highlighting the interplay between economic power, territorial strategies, and institutional mechanisms. China resembles the function of geopolitical chokepoints by imposing control over important components of the RE market and addressing trade and investment bottlenecks through institutional mechanisms. The study draws attention to the geoeconomic paradox that cooperation and competition coexist and promote market integration despite interdependencies. Being the second-largest producer of RE, the European Union both benefits from and faces difficulties as a result of China’s market power. We show how China’s geoeconomic strategies increase its influence globally and foster intricate interdependencies, which both facilitate market growth and exacerbate tensions with other strong powers. Full article

This study aims to explore how the macro-geopolitical economic cooperation policy is connected with student mobility in higher education at the micro level. Since the internationalization of higher education and student mobility, which mainly occurred in universities at the institutional level, the relationship between macro governmental goals and economic strategies tends to be less emphasized. Also, the factors influencing student mobility focus more on their characteristics. Therefore, this study investigates how student mobility in higher education has been changed according to the New Southern Policy (NSP) in South Korea, especially focusing on the policy targeted in ASEAN regions. Also, we describe trends of student mobility according to different characteristics of a university under the policy. The findings of this study indicate that when formulating and implementing policy, it is imperative to acknowledge the limitations of a macro-level, strategic approach, even when considering a multitude of factors. Furthermore, this study suggests that macroeconomic policies may exert unanticipated impacts on areas that have not been explicitly addressed. Full article

What is the impact of geopolitics on the geometry of global trade? What is the key structural role that led to the emergence of the US–China trade bipolarity? Here, we study the geometry of international trade, taking into account not only the direct but also the indirect trade relations. We consider the self-weight of each country as an indicator of its intrinsic robustness to exogenous shocks. We assess the vulnerability of a country to potential demand or supply shocks based on the entropy (diversification) of its trade flows. By considering the indirect trade relations, we found that the key structural role that led to the emergence of the US–China trade bipolarity is that of the intermediary hub that acts as a “bridge” between different trade clusters. The US and China occupied key network positions of high betweenness centrality as early as 2010. As international trade was increasingly dependent on only these two intermediary trade hubs, this fact led to geopolitical tensions such as the US–China trade war. Therefore, betweenness centrality could serve as a structural indicator, forewarning of possible upcoming geopolitical tensions. The US–China trade bipolarity is also strongly present in self-weights, where a race in terms of their intrinsic robustness to exogenous shocks is more than evident. It is also interesting that the US and China are not only the top shock spreaders but also the most susceptible to shocks. However, China can act more as a shock spreader than a shock receiver, while for the USA, the opposite is true. Regarding the impact of geopolitics, we found that the Russia–Ukraine conflict forced Ukraine to diversify both its exports and imports, aiming to lower its vulnerability to possible shocks. Finally, we found that international trade is becoming increasingly oligopolistic, even when indirect trade relationships are taken into account, thus indicating that a “Deep Oligopoly” has formed. Full article

International market openness has long been regarded as critical for economic development, and recent evidence highlights the distinct roles of financial and trade openness, particularly in emerging and developing economies. This study examines the impact of financial and trade openness on economic growth in ten emerging and developing countries from 1970 to 2023. It employs a dynamic panel generalized method of moments (GMM) model, which is selected for its ability to address potential endogeneity and dynamic relationships within panel data. The analysis finds that both financial and trade openness positively influence economic growth and that stable macroeconomic conditions and political stability enhance these growth-promoting effects. In the context of growing geo-economic tensions, trade fairness, and national security concerns, the study underscores the need for policies that balance global integration with national interests. These findings suggest the importance of designing policies that promote greater integration into global financial and trading systems while ensuring sound macroeconomic fundamentals and supportive institutions. The study recommends that policymakers pursue strategic liberalization and strengthen governance structures to achieve sustained and inclusive growth. Full article

This article explores the complex trade-offs involved in global economic integration. While economic integration, through mechanisms such as customs unions, promotes efficiency, trade, and cooperation, it also introduces significant vulnerabilities, particularly in the context of geoeconomics and weaponized interdependence. Drawing on the theories of Jacob Viner and David Mitrany, this paper illustrates how functionalist economic stability and efficiency are essential but must be balanced with considerations of resilience and security. Case studies such as the COVID-19 pandemic and Europe’s reliance on Russian gas during the Ukraine war highlight the risks of overdependence in interconnected global systems. Ultimately, this paper argues for a nuanced approach that balances economic benefits with the geopolitical risks of interdependence, advocating for a mixed framework that integrates both efficiency and stability. Full article

Marginal areas in economically advanced countries are a critical issue that European and national policies have been addressing for some time. These areas are affected by depopulation, infrastructural gaps and labor systems that do not reach the corresponding national levels and where often agriculture still plays a critical role. In Italy, despite the fact that the National Strategy for Inner Areas (SNAI) has been active for about a decade with the aim of increasing the territorial cohesion of these fragile areas, rather limited results have been achieved in terms of halting economic marginalization and demographic decline. In this specific context, our work is aimed at analyzing land use changes, the loss of ecosystem services and demographic trends in a Mediterranean region (Irpinia—Southern Italy) on district and municipal scales in the last 30 years (1990–2018) to capture current, subtle socio-economic dynamics. The analysis carried out has indicated a substantial increase in urban areas due to the development of new industrial areas and discontinuous urban fabric (urban sprawl) at the expense of natural areas (mainly meadows and shrublands). The agricultural areas have remained substantially unchanged in terms of extension, with a slight increase in heterogeneous agricultural areas and an expansion of high-value crops (vineyards), that are the most suitable for multifunctional agriculture activities (experiential and rural tourism). The analysis of the demographic trend has highlighted a widespread phenomenon of depopulation, with the exception of those municipalities who economically orbit around the provincial capital of Avellino. The municipalities in depopulation are mostly located in the inner areas characterized by a more rugged morphology and infrastructural gaps. Unexpectedly, most of municipalities show a significant anticorrelation among the population and agricultural areas which is an indicator of social and economic phenomena as complex as they are underestimated. As a final step, this analysis highlights also a loss of carbon storage mainly attributable to the soil sealing of large areas. This study can help to comprehensively understand the conditions of marginal areas in Mediterranean Europe over recent decades in the light of the main socio-economic dynamics to better direct efforts towards the containment of the human capital hemorrhage, consisting of persistently negative natural and migratory rates, and the sustainable empowerment of these geo-economic peripheries. Full article

Rapidly changing external conditions, such as the COVID-19 pandemic and the war in Ukraine, which are pure crisis phenomena, not only determine the geopolitical and geoeconomic situation in the global markets but also cause structural changes in individual countries. Under these conditions, the level of food self-sufficiency becomes particularly important, as it is one of the factors determining the food security of any country. The aim of this research is to assess Ukraine’s food self-sufficiency compared to the European Union and Poland. The self-sufficiency ratio (SSR) index was used to assess food self-sufficiency. This is the ratio of the volume of production of the most important products of plant and animal origin to the volume of domestic consumption. Domestic consumption was defined as the volume of domestic production plus the volume of imports minus the volume of exports, and it also included changes in domestic stock levels. The surveyed time frame is 2019–2021. The analyzed data were taken from the State Statistics Service of Ukraine, FAOSTAT, USDA, and Statistics Poland. A comparative analysis of self-sufficiency for the main agri-food sectors of Ukraine, the EU, and Poland showed significant differences. Taking into account the production potential and food self-sufficiency indicators of Ukraine, Ukraine’s possible accession to the EU can be expected to have a major impact on the EU’s supply and demand situation, as it may pose a threat to many EU agri-food sectors. Full article

This paper explores the combined impacts of certain geopolitical and geoeconomic shifts on the global energy transition, focusing on developments related to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Regional Comprehensive Economic Partnership (RCEP) agreements. The New Globalization Scenario Matrix (NGSM) and a correlative SWOT analysis in transnational terms are utilized to understand and conceptualize potential future global trends in the emerging new globalization. Findings suggest that the examined contemporary global events may enhance the overall performance of the global system, thereby accelerating energy transitions. Consequently, a re-envisioned approach to the International Political Economy (IPE) of energy is proposed, blending repositioned realism and liberalism to foster a realistic and innovative new global liberalism. Full article

As one of the main industrial segments of the current geoeconomics scenario, agro-industrial activities generate excessive amounts of waste. The gasification of such waste using supercritical water (SCWG) has the potential to convert the waste and generate products with high added value, hydrogen being the product of greatest interest. Within this context, this article presents studies on the SCWG processes of lignocellulosic residues from cotton, rice, and mustard husks. The Gibbs energy minimization (minG) and entropy maximization (maxS) approaches were applied to evaluate the processes conditioned in isothermal and adiabatic reactors, respectively. The thermodynamic and phase equilibria were written as a nonlinear programming problem using the Peng–Robinson state solution for the prediction of fugacity coefficients. As an optimization tool, TeS (Thermodynamic Equilibrium Simulation) software v.10 was used with the help of the trust-constr algorithm to search for the optimal point. The simulated results were validated with experimental data presenting surface coefficients greater than 0.99, validating the use of the proposed modeling to evaluate reaction systems of interest. It was found that increases in temperature and amounts of biomass in the process feed tend to maximize hydrogen formation. In addition to these variables, the H₂/CO ratio is of interest considering that these processes can be directed toward the production of synthesis gas (syngas). The results indicated that the selected processes can be directed to the production of synthesis gas, including the production of chemicals such as methanol, dimethyl ether, and ammonia. Using an entropy maximization approach, it was possible to verify the thermal behavior of reaction systems. The maxS results indicated that the selected processes have a predominantly exothermic character. The initial temperature and biomass composition had predominant effects on the equilibrium temperature of the system. In summary, this work applied advanced optimization and modeling methodologies to validate the feasibility of SCWG processes in producing hydrogen and other valuable chemicals from agro-industrial waste. Full article

Economic growth is deemed to be a conducive factor in attracting foreign direct investment (FDI) as it often confers location advantage to host countries and fosters business confidence. This paper examines the short-run and the long-run effects of economic growth on FDI inflows. The empirical analysis is conducted through the Generalized Method of Moments (GMM) System estimator for dynamic panel models. The main results show significant positive effects of economic growth on FDI inflows, and they indicate that the magnitudes of these effects are statistically comparable over time and do not diminish with higher economic growth levels. They also reveal important variations in the magnitude of these effects across geo-economic regions and over pertinent economic variables such as economic development level, international trade and foreign investment openness, and endowment in natural resources. These findings underscore the significance of developing growth-enhancing policies that are designed on the basis of the economic and geo-economic characteristics of host countries. Such policies could be coupled with international trade and foreign investment openness directions to stimulate stronger responses of FDI inflows to economic growth and mitigate the implications of unfavorable global and regional political conditions. Full article

The rapid-developed scale of China’s trade in wood forest products has undergone a considerable uptick. Concomitant with the evolution of high-quality development paradigms, product quality within trade frameworks has gained escalating scrutiny. Based on the statistical analysis of the export characteristics of China’s wood forest products, this study leverages BACI data spanning from 1998 to 2017. Utilizing regression-based inverse methods, the study quantifies the quality attributes of these export products, dissects fluctuations in quality, and places particular emphasis on the markets within “Belt and Road Initiative” economies to elucidate dynamic trends and spatial distribution characteristics of export quality in this geoeconomic domain. Based on this, the fixed effect model, random effect model, and system GMM are used to empirically examine the influencing factors of China’s wood forest product export quality. This study found that wood-based panel products have the highest quality, followed by paper products and wood furniture among the three major categories of wood forest products. Besides, the overall quality levels of the three products exported to countries participating in the Belt and Road initiative haven’t significantly changed, while notable changes are evident across divergent export destination markets. In addition, an empirical study on the influencing factors of the export product quality of wood forest products is conducted, which indicates that total factor productivity, R&D investment, capital intensity, labor costs, and foreign direct investment are influencing factors. Finally, based on the research conclusions, suggestions are provided on how to improve the export quality of wood forest products. Full article

This study provides a historical and contemporary analysis of the United States’ strategies in the global semiconductor industry, framed within Joseph Nye’s three-dimensional chessboard analysis. This study examines the strategic responses of the United States from the 1980s to the present, connecting these shifts to changes in international politics and geoeconomic alliances. It scrutinizes how the U.S. utilized its unipolar power to respond to Japan’s growing semiconductor industry influence in the 1980s and its adoption of free-market principles during the globalization era of the 1990s and 2000s. It further discusses how these multilateral shifts have led to a resurgence of technonationalism in the late 2010s, responding to asymmetric interdependence in the global value chain of the semiconductor industry. This research contributes to the comprehension of the dynamics of the industry within international politics and suggests insights into the ongoing Sino–American competition and strategic realignment in the sector. Full article

As digital transformation reshapes the world, businesses are becoming increasingly concerned about its impact. This study examines the regional data of 29 provinces and cities in China from 2013 to 2020 and uses the entropy method to calculate the regional virtual agglomeration level. This paper analyzes the panel data of listed companies in China to evaluate the economic impact of digital transformation on the sustainable development of enterprises and the moderating effect of the regional virtual agglomeration level. This study reveals a significant positive U-shaped relationship between digital transformation and enterprise sustainability. The level of regional virtual agglomeration can alleviate the initial negative impact of digital transformation on sustainability and enhance the economic growth capacity of enterprises. This paper found that the impact of digital transformation on sustainable development is particularly pronounced in the eastern region. All in all, based on the transaction cost theory and new geoeconomics, this paper analyzes the impact mechanism of digital transformation on the sustainable development of enterprises, verifies the relationship between the regional virtual agglomeration on digital transformation and sustainable development of enterprises, and identifies the adjustment mechanism. Our research provides theoretical support and practical guidance to promote digital transformation and enterprise sustainable development. Full article

In this study, an overview of the regulations in force in some extra-EU states belonging to different geoeconomic areas is provided, starting from the current EU legislation on cosmetic products. We focused on their legislative frameworks and the location of the relevant regulatory documentation. Furthermore, for each state considered, our analysis examined the notification/authorization processes, approaches to animal testing, and allowed/prohibited ingredient lists, as these aspects are considered to be among the primary restrictions hindering the cosmetic market. It can be observed that many states are working towards standardising their regulations to promote greater international trade. However, it is essential to recognize that different countries belonging to distinct geoeconomic areas may have unique requirements, and harmonization may not necessarily be the best solution. It is crucial to consider different needs and preferences when approaching the global regulation of the cosmetic industry. Full article

This paper addresses the optimal path selection problem for economic corridors, which is a significant issue in the field of geo-economics. The paper has utilized the spatiotemporal characteristics of geo-economics and identified the development needs in this field to propose an improved ant colony optimization (ACO) strategy. The proposed strategy focuses on enhancing the heuristic function, functional area setting, and pheromone updating strategy. The heuristic factors and transfer probabilities have been improved to couple the path nature, which were based on an analysis of the factors that influence geo-economics. This improvement enhances the applicability of the ACO to path selection problems in macrospace. Additionally, the paper has differentiated the priority of path nodes by setting functional areas, which adds directionality to path selection. The improved ACO has been applied to analyze the optimal path in macroscopic economic space. The experimental validation was conducted in the Indo-Pacific region and economic corridors in China within this region, and corresponding potential geo-economic hubs were analyzed. The experimental results were validated using the Mann−Whitney U test and an evaluation method based on path effectiveness. The feasibility and objectivity of the proposed method were verified. This research provides a valuable exploration of the problem of path selection in macrospace and time and provides decision aid for the construction and adjustment development of a country’s geo-economic relations in a given region. It is a technical reference for establishing sustainable development strategies and national and regional economic planning. Overall, this work contributes significantly to the field of geo-economics and demonstrates the effectiveness of the proposed method through experimental validation. Full article