Category: Regional blocks
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The World Is No Longer Looking for One Economic Model
For decades, countries searched for a perfect formula for economic success. Some believed manufacturing was the answer, others relied on natural resources, while many placed their faith in technology, trade, or financial services. History has now made one thing clear. There is no universal economic model. Every successful nation has…
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Italy Between Timeless Craftsmanship and a Slowing Economy
When History Becomes Both an Advantage and a Burden Italy is one of the few countries where history still produces wealth. Every city, every industrial district and every family business carries generations of knowledge. Italian machines build factories across the world. Italian fashion shapes global luxury markets. Italian food has…
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Europe’s Competitiveness Crisis: When Sustainability Meets Global Competition
Before the World Wars, Europe was the world’s industrial heartland. It built its prosperity on manufacturing, engineering, innovation, and global trade. After decades of conflict, the European Union emerged as an ambitious experiment that combined economic integration with peace, social protection, and shared prosperity. For many years, this model delivered…
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Middle Powers in a Fragmenting World Order: From Balancers to System Shapers
The idea of “middle powers” has evolved significantly from its early usage in post-World War II diplomacy, where countries like India, Japan, and Australia were often seen as secondary actors navigating between superpowers. Historically, middle powers derived influence not from sheer economic or military dominance, but from their ability to…
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Europe at the Crossroads: Middle East Crisis and the Fragile Architecture of the EU Economy
Historical Energy Dependence and Structural Vulnerability Europe’s economic architecture has long been shaped by its external energy dependencies. Historically reliant on Russian gas, the shock of the Ukraine conflict forced the European Union (EU) to diversify towards liquefied natural gas (LNG) and Middle Eastern oil supplies. However, this shift did…
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Development in a Fragmented World: Cooperation or Competition?
A New Era of Fragmented Globalization The global economic system is entering a period of fragmentation where cooperation and competition increasingly coexist in complex ways. For decades after the Cold War, globalization appeared to move toward deeper integration. Supply chains expanded across continents, trade volumes grew faster than global GDP,…
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European Cluster Collaboration: ECCP’s Evolving Strategic Tools for a New Industrial Era
The European Cluster Collaboration Platform (ECCP) has become one of Europe’s most influential instruments for shaping the future of industrial ecosystems. What began in the early 2000s as a simple knowledge-exchange network for clusters has, by 2026, transformed into a sophisticated architecture of green-transition enablers, cross-sector innovation chambers, and resilience-building…
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Europe’s New Industrial Moment: Strategic Clusters
Introduction: Europe’s Long Arc of Industrial SovereigntyEurope’s industrial landscape has historically been defined by deep technological strengths—Germany’s engineering backbone, France’s nuclear ecosystem, Italy’s manufacturing specialisation, and the Nordic countries’ leadership in sustainability. Yet, the 21st century has confronted the continent with challenges unseen since the post-war reconstruction: supply-chain fragilities exposed…
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Who Is the Real Winner in Rule-Based Trade in the World?
The Promise and Paradox of Rule-Based Trade The global rule-based trading system—anchored in the World Trade Organization and a web of bilateral and regional free trade agreements (FTAs)—was designed to create predictability, fairness, and equal opportunity. Yet, history shows that rules rarely benefit all countries equally. The real winner is…
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The Final EU–India FTA: A Historic Breakthrough and Its Deep Impact on India’s MSMEs
When India and the European Union formally announced the conclusion of their Free Trade Agreement at the 16th India-EU Summit in New Delhi, the moment marked the end of a negotiation marathon that began almost two decades ago. Now widely described as the “mother of all deals,” the pact connects…