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Economic Sovereignty

All articles tagged with #economic sovereignty

politics2 years ago

Macron's Controversial Comments on US and China Relations

French President Emmanuel Macron has reiterated his vision for a sovereign Europe, focusing on the economic side of the strategic autonomy concept. Macron's model of economic sovereignty is based on the five pillars of competitiveness, industrial policy, protection of markets, reciprocity in trade relations, and cooperation. However, experts question whether his ideas can be implemented, given the EU's existing dependencies on China for green transition and the US for security. Additionally, there is no consensus on an EU worldview, which could further divide its members.