How can France become a leader in innovation?
Economic security policies and strategies focused on the Indo-Pacific region are gaining increasing attention among policymakers across Europe. However, the potential link between these two emerging areas of public policy remains largely underexplored, despite the tangible opportunities the Indo-Pacific framework presents for enhancing economic security.
At a time when the major powers are adopting the language of economic security, this note identifies five major strategic issues that deserve to be placed at the heart of the debate.
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Cross-border data flows govern almost everything we do today. States are facing a dilemma between protection of their data and benefits from free-flow. Europe faces a challenge from the US, the dominating actor in the digital world, and a threat from China’s authoritarian model. Europe must make choices to strengthen its position in the digital field.
Economic security is an important notion that provides strategic coherence and clarity to the set of defensive, pro-innovation and (so far timid) pro-industry steps that the EU has been taking. It could also provide a convincing selling point to gain wider support across the EU for bolder public policies, including in the area of trade, in a way to guarantee European prosperity and resilience.