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However, growing geopolitical tensions and greater geostrategic and geoeconomic great power competition, as well as shocks for global supply chains because of the COVID pandemic and Russia's war of aggression against Ukraine, have brought to the fore the risks inherent in certain economic dependencies. Some of these inherent risks are serious: if not effectively addressed they pose severe risks for the functioning of societies, economies, open the door for statecraft, impact on the strategic interests of a country and its ability to act and counter-act. Thus, the world has become more contested and geopolitical, economic security moves centre stage, which the EU Strategy on Economic Security aims to address, in order not to fall prey to economic coercion or blackmail. This includes the essential life streams of today’s economies: the use of data combined with AI, energy, new raw materials like rare earth and minerals particularly needed in emerging technologies. The talk will deal with the envisaged measures, examine whether de-linking, de-globalising, de-risking and the corresponding near-shoring, re-shoring or friend-shoring provide the answers. Special focus will be on the analysis of the latter concept, its viability and costs and its significance for the development and control of new emerging technologies. Information Time and Date: 12:15-13:15, Friday, January 19, 2024 (JST) Venue: Online Language: English Admission: Free Host: Research Institute of Economy, Trade and Industry (RIETI) Speakers Speaker: Michael REITERER (Distinguished Professor at Brussels School of Governance / Visiting Professor at Ritsumeikan University / Former EU-Ambassador to the Republic of Korea, to Switzerland and Liechtenstein / Minister, Deputy Head of EU-Delegtion to Japan) Mr Reiterer pursued a diplomatic and academic career in parallel, since 2005 he is professor in international politics at the University of Innsbruck. After his retirement in 2020 from the European Diplomatic Service he became Distinguished Professor at the Brussels School of Governance. He holds several senior fellowships with think tanks, teaches at various universities in Europe and Asia and publishes widely on EU-foreign policy, the Indo-Pacific, cyber diplomacy, the impact of geopolitics and geoeconomics on the international system. Commentator: URATA Shujiro (Chairman, RIETI / Professor Emeritus, Waseda University) Moderator: SABURI Masataka (Senior Fellow, RIETI / Special Advisor to the Minister, METI) Events Symposiums Workshops BBL Seminars Archived Seminar Series Communications Newsletter RSS Feed Facebook X YouTube Research Areas Research Programs (FY2024-2028) Research Programs (FY2020-2023) Research Programs (FY2016-2019) Research Programs (FY2011-2015) Policy Research Domains (FY2006-2010) Projects Survey Fellows Research/Policy Papers Discussion Papers (English) Discussion Papers (Japanese) Policy Discussion Papers (English) Policy Discussion Papers (Japanese) Technical Papers (English) Technical Papers (Japanese) Non Technical Summaries List of Articles in Journals Research Digest Discussion Papers Search Publications RIETI Books (English) RIETI Books (Japanese) History of Japan's Trade and Industry Policy Authors' Words Other Publications (English) Other Publications (Japanese) Events Symposiums Workshops BBL Seminars Archived Seminar Series Data JIP Database R-JIP Database CIP Database Industry-Specific Nominal and Real Effective Exchange Rates AMU and AMU Deviation Indicators JSTAR RIETI-TID RIETI FDI Database ICPA Project Links Articles Column Special Series Newspapers & Magazines Fellows' Works VoxEU Column From IZA Perspectives from Around the World Other Contents RIETI Report Policy Update Keizai Sangyo Journal (METI Journal) About RIETI Privacy Policy Site Policy Site Map Help Contact METI Web Site Research Institute of Economy, Trade and Industry, IAA (JCN 6010005005426)JCN: Japan Corporate Number Opinions expressed or implied on this website are solely those of the author, and do not necessarily represent the views of the Research Institute of Economy, Trade and Industry (RIETI).Titles, numbers, specific names, etc. on this website are as of the date of publication. 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