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Politics Economy Featured World

Infrastructure diplomacy in the shadow of the Belt and Road: Lessons from Japan’s experience

Infrastructure diplomacy has become a central arena for strategic competition. This column examines how China’s Belt and Road Initiative has reshaped Japan’s overseas infrastructure engagement and diplomacy with participants of the initiative. It finds that Japanese project counts fell and foreign leaders visited Japan less often. To be successful, Western initiatives such as Build Back […]

Economy Featured News World

Geopolitical shifts and their economic impacts on Europe: Short-term risks, medium-term scenarios and policy choices

Over the last decade, Europe has suffered from the decay of the post-war international order, economic coercion from both China and the United States, and aggression from Russia. This contribution puts these changes into a historical context, examines their short-term consequences, develops scenarios for 2030-2035 and uses these to draw out the policy implications for […]