Schmucker, Claudia
[Author];
Mildner, Stormy-Annika
[Author];
Shapiro, Avi
[Author]
;
Deutsche Gesellschaft für Auswärtige Politik,
Aspen-Institut Berlin
Description:
In an increasingly conflictual global environment, the G7 has become a more and more important geoeconomic actor. Yet looking at the case studies of Russia, Iran, and China reveals that the geoeconomic role the G7 plays has been mixed. For the G7 countries to improve their geoeconomic impact, they need to align their interests and risk perceptions, as well as improve their ability to propose and enact geoeconomic measures. In addition, the G7 should bolster its partnerships with other democracies and like-minded countries. (DGAP)