Geopolitics is Changing the Global Economy

Abstract

The new era of geopolitics and geoeconomy significantly alters the economic landscape and the operating environment. It is already clear that industrial policies and barriers to international trade increasingly influence the location of investment decisions. These trends challenge the foundations of the international division of labor. Our report outlines the key drivers, assumptions, and policy actions behind these changes. In addition, the report provides recommendations and key principles for a small open economy, such as Finland, on how to navigate the changing landscape.

Publication info

Results of research
Geopolitics is changing the operating environment - What is Finland doing? (Etlatieto)
Research group
Business renewal
Series
ETLA Raportit - Reports 150
Date
25.06.2024
Keywords
Geopolitics, Geoeconomics, Industrial policy, Globalization, Fragmentation
ISSN
2323-2447, 2323-2455 (Pdf)
JEL
F15, F12, F41, L5
Pages
16
Language
Finnish