Understanding Economic Security: Exploring Trade Disruptions and Resilience

The podcast episode delves into the concept of economic security, particularly in relation to the European Union's economic relationship with China. The discussion highlights the various dimensions of economic security, including the securitization of economic policy, defense against hostile foreign actions in the trade space, and the need for economic resiliency. The experts explore trade disruptions caused by geopolitical tensions and the risks associated with highly concentrated production networks. They emphasize the importance of diversification and the need for policies that promote industrial resilience. The podcast also addresses the challenges of dual-use technology, the role of import and export dependencies, and the need for better data to assess and improve economic security.