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GEOECONOMICS PROGRAMME

Become a geoeconomics analyst with this interactive online programme offered by the Global Academy

“Our strategic lenses have yet to adjust to the new world of geoeconomics, in which interdependencies are weaponized for the pursuit of power politics.”
Dr. Mikael Wigell, Course Convenor

 

ABOUT THE PROGRAMME

Geoeconomics has become a buzzword in policy-making circles around the world. It is because we appear to be entering a new geoeconomic world order, in which economic tools are increasingly used for power political objectives. For the centres of economic power in Bejing, Brussels and Washington, the economic infrastructure is becoming the primary venue for strategic competition. This increased convergence of economic and security thinking, and accompanying strategies, is leading to a restructuring of the laws and institutions that govern the international political economy and broader international relationships. Understanding geoeconomics will thus be indispensable for any policy-maker or international business strategist in the years to come. 

This programme helps you understand the new geoeconomic power politics and the transforming relationship between the state and the market and between economics and security. Taught by pioneering geoeconomic analysts, the course offers you access to cutting-edge insight, knowledge and practical experience. With the help of online techniques, you will be interacting with a global cohort of geoeconomists and policy-makers.

WHAT THE PROGRAMME COVERS

The programme teaches you the theoretical frameworks and analytical skills with which to understand and use geoeconomics. It is divided into three modules: theory, practice and analysis.


The theory module teaches you the academic frameworks with which to understand geoeconomic analysis. Guided by Global Academy experts, this module will specifically teach you:

  • Key concepts in geoeconomic theory (e.g. grand strategy, weaponized interdependence, global supply chains, flow intensity, economic warfare, state capitalism)

  • The evolution of geoeconomic analysis (e.g. from classical to neo-classical geoeconomics)

  • Current geoeconomic perspectives (e.g. neomercantilism, geoeconomic liberalism, neostructuralism)


The practice module teaches you how geoeconomics is used as a strategic practice in today’s world. During the course of the module, you will interact with geoeconomic practitioners in learning about:

  • Geoeconomics as a new form of power politics (e.g. the use of economic sanctions, state subsidies aimed at redesigning global supply chains, investment screening, data localization)

  • Geoeconomic strategies (e.g. economic coercion, binding, wedging and hedging strategies)

  • The emerging geoeconomic world order (e.g. the intensifying Sino-US competition and the way it is triggering a higher convergence between security and economics)

The analytics module teaches you how to use geoeconomics as a framework for analyzing international politics and economics. Guided by Global Academy experts and associated practitioners, this module will:

  • Introduce you to geoeconomic analysis (e.g. geoeconomic analytical techniques and data)

  • Mentor you with developing your own analytical case studies   

HOW YOU WILL WORK DURING THE PROGRAMME

The programme takes place online by integrating both live and video lecturing, collaborative learning through discussion forums and mentoring individual case study work. The programme makes use of renowned geoeconomic experts and pracitioners from different parts of the world. At the end of the programme you will submit your own case study, developed during the course of the analytics module, for final review.

PROGRAMME OUTLINE

Orientation

  1. Welcome to the programme

  2. Practical information


Module I: Introduction to Geoeconomic Theory

  1. Key concepts in geoeconomics

  2. Evolution of geoeconomic analysis

  3. Current geoeconomic perspectives


Module II: Geoeconomics in Practice

  1. Geoeconomics as the new power politics

  2. Geoeconomic strategies

  3. The emerging geoeconomic world order


Module III: Doing Geoeconomic Analysis

  1. Introduction to geoeconomic analysis

  2. Case studies (A): Major power geoeconomics

  3. Case studies (B): Geoeconomic issue areas

  4. Comparative geoeconomics


Discussion

  1. Recap

  2. Individual feedback

COURSE CONVENOR

Dr. Mikael Wigell, Director of Global Security research

Mikael Wigell is Director of the Global Security research programme at the Finnish Institute of International Affairs. He is also Adjunct Professor in International Political Economy at the University of Tampere, Non-Resident Associate at the European Centre of Excellence for Countering Hybrid Threats (Hybrid CoE), and Senior Editor of the Journal of Autonomy and Security Studies. He earned his PhD at the London School of Economics and he has been a Visiting Fellow at the Changing Character of War Centre, Oxford University. He has also held a Post-Doctoral Research Fellowship at the Academy of Finland and a Visiting Fellowship at the Universidad de Torcuato di Tella, Buenos Aires. Previously, he has also been a Member of the Development Policy Committee of the Finnish Government and President of the Finnish International Studies Association. His work on geoeconomics, hybrid threats and the political economy of development has appeared in academic journals such as International Affairs, World Development, Democratization, Comparative Strategy, Asia Europe Journal, International Journal of Group and Minority Rights, and Global Affairs. His latest book is as editor of the volume Geo-economics and Power Politics in the 21st Century (Routledge, 2018).