International Cooperation

Thanks to the AI investment boom, the U.S. economy has performed well at the macroeconomic level. However, it is on an unsustainable fiscal and debt path. Mr. Trump’s fiscal policy in his second term has aggravated this trajectory. In turn, Mr. Trump’s tariff-based trade policy has failed to address what he sees as U.S. economic problems associated with the trade balance. Besides explaining why this has been the case, and what its implications are for the U.S. economy and the r ...

Avec la capitale Pékin comme acteur principal de la politique étrangère chinoise, l’engagement de la Chine en Afrique ne peut plus être appréhendé à travers le seul prisme de l’État central. Suite aux réformes de décentralisation engagées en 1978, les gouvernements provinciaux de l’Empire du Milieu jouent un rôle de plus en plus visible et structurant, en s’affirmant en tant qu’acteurs à part entière de la coopération internationale. Ils interviennent, entre autres domaines, dans le ...

For much of the post-war period, the Global South was framed as an object of history, defined by dependency, constrained by structural asymmetries, and confined to the margins of global decision-making. That narrative, once empirically grounded, is now no longer adequate. A profound yet uneven transformation is underway. The Global South is no longer only reacting; it is increasingly shaping rules, institutions, and narratives.This Policy Brief argues that the Global South is thus t ...

Cet essai analyse la guerre Iran–États-Unis–Israël de 2026 comme un révélateur de la transformation profonde de l’ordre international. À travers le prisme du droit de la mer, du détroit d’Ormuz, des alliances fragmentées, des câbles sous-marins et des flux énergétiques, il montre que le pouvoir mondial se déplace progressivement du contrôle des territoires vers la maîtrise des infrastructures de circulation. Loin de disparaître, la mondialisation entre dans une phase de connectivité ...

For a long time, security in the Sahel relied on Western military deployments, which failed to curb the jihadist threat, thereby demonstrating the limitations of a cooperation model based on logistical and doctrinal dependence on foreign partners. The three Sahelian states have decided to break away from this system and build“integrated security sovereignty.” This approach has taken hold against a backdrop of openness to new partners. Russia has thus established itself as the main m ...

We take the 2026 G7 Summit in Évian-les-Bains as a case study for understanding how a leading existing multilateral organisation adapts to a more fragmented, technologically inflected, and multipolar world. We argue that the significance of Évian lies less in the summit agreements themselves than in what the summit reveals: a qualitative shift in governance away from exclusive summit diplomacy and towards more selective coalition-building, broader engagement with non-state actors, a ...

This Policy Paper has also been published in French and Spanish by Le Grand Continent Morocco offers a compelling example of how a middle-income economy can navigate a more fragmented global environment, characterized by weak growth and slower convergence. Since 2022, economic activity has remained relatively strong, with growth exceeding that of many comparable economies. Non-agricultural growth has averaged 4.4% since 2022, around 1.3 percentage points above its historical av ...

L’Afrique atlantique émerge aujourd’hui comme un espace de réflexion stratégique majeur. Longtemps envisagée sous l’angle de sa fragmentation ou de sa marginalité relative dans les grands récits géopolitiques, cette façade maritime tend désormais à être appréhendée comme un ensemble en devenir, structuré par des dynamiques géopolitiques, économiques et sécuritaires de plus en plus intenses. C’est dans cette perspective qu’a été initié le Africa Maritime Symposium (AMS), dont la ...

History devotes considerable attention to the rise and fall of great powers. Scholars have spent centuries analyzing why empires collapse, why nations decline, and why dominant states eventually lose their position. By comparison, relatively little attention has been devoted to a different question: what happens when a country succeeds beyond its own expectations? ...

This article draws in part on perspectives shared by members of the Rihla Initiative for Green Economic Growth, whose regional insights helped inform the sections on how the costs of the war are being felt across the Global South. The war on Iran and in the Gulf has made it impossible to treat the Strait of Hormuz as a regional issue. The disruption around the Strait has moved through the world economy in concrete ways, from higher fuel bills and pressure on food and fertilizer ...

It is a golden object—shining, impressive, 36.8 centimeters tall, crafted from 18-carat gold and bronze. A replica of a monumental four-meter-high work of art standing in Geneva’s Ariana Park, near the United Nations Office, it bears the title Reflections and Dreams, created by Azerbaijani artists Salhab Mammadov and Ali Ibadullayev. Hands rise from the earth, supporting a globe, reaching toward eternity. ...

This essay argues that the current debate about the future of the international monetary system is not really about Gulf currencies, oil pricing, or de-dollarization in the narrow technical sense. It is about something deeper and more important: whether institutional trust can survive when geopolitical certainty is eroding.The Gulf monarchies—Saudi Arabia, the United Arab Emirates, Qatar, Kuwait, Bahrain, and Oman—increasingly exist in a world where the United States no longer looks ...

Driven by its mission to reflect on and analyze the major geopolitical, economic, and societal transformations shaping the contemporary world, and with a view to contributing to knowledge-sharing and disseminating the main outcomes of its research program, the Policy Center for the New South regularly publishes collective volumes addressing issues of particular importance to Morocco, Africa, and the broader Global/New South. In this spirit, the Center has recently released two volum ...