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The Great Transition
While the pandemic has monopolised attention over the past two years, it’s far from the only story, as tectonic changes continue on the world stage and the “great transition” picks up pace.As well as the traditional dynamics of international power, torn between US-China bipolarism and the ambitions of old and new regional actors, this Report explores the other major transitions taking place. Firstly, the economic transition of a world deeper and deeper in debt and now seeing the return of state intervention. Secondly, the transition of the democracies and international law, or more precisely, their dual “crisis” in the face of contrasting models. And thirdly, the environmental and digital transitions, which will be key features of the decades to come. Intertwining inextricably with each other, these transitions will shape the major trends in regional politics and, in turn, be shaped by them. That’s why Italy and Europe are facing momentous challenges, which the ISPI Report 2022 strives to outline, to equip readers with a compass for a changing world.
Europe in the Age of Insecurity
The international system is going through a phase of heightened disorder. Russia’s invasion of Ukraine in early 2022, and the Israel-Hamas conflict in late 2023 have shown that the current crisis of the international order is being increasingly militarized. Facing wars and instability closer to home, and a rise in big-power competition, Europe is feeling less and less “secure”.This year’s ISPI Report unpacks the different dimensions of the current “Age of Insecurity”, looking into its political, economic, and demographic facets. It shows how different actors in the international system tackle such insecurity (while also contributing to create more), with a focus on the United States, China, Russia, India and the “Global South”, and the main protagonists of the ongoing Israel-Hamas war.It finally zooms in on Europe, looking for viable options that could help the continent better face these rising political, economic, and demographic insecurities.
The Great Transition
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ISPI Series
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Back to the Future. ISPI Report 2023
Russia's invasion of Ukraine has upset the geopolitical balance in Europe, with shockwaves hitting the entire world. As a result, today's world seems to be heading back to a future that looks all too like countless “pasts”. The mindset of “opposing blocs” is returning to Europe, or so it seems. NATO is rediscovering its identity after 30 years of drift. There is a resurgence of “non-aligned” countries, from Turkey to India, to many Latin American governments, as they seek a tricky balance between the major players. The mix of high inflation and energy crisis has taken to the stage again, dragging us back to the 1970s, when rationing and double-digit price rises were commonplace. And the nuclear threat, poverty and perhaps the risk of a less globalised world are rising too. All these returns and revivals are crucial changes that are taking their toll on Europe. The ISPI Report 2023 provides a compass to navigate this changing world.
