It is well known that the oil and gas sector is the backbone of the Algerian economy, accounting for about 35 per cent of gross domestic product, and two-thirds of total exports; that the first commercial oil discovery was in 1956 and that production started in 1958 during the bloodiest anti–colonial revolt of national liberation in Arab history. And that Italy was at that time – and still is - in great need of this resource for its own development.
ISPI and the European Commission's Directorate-General for Neighbourhood and Enlargement Negotiations organized the workshop on “Boosting EU-Turkey Trade Relations and Energy Dialogue”.
Abstract Asia has considerably increased its regional share on world GDP over the past decade, and this trend is expected to continue. It has become the most dynamic region in international trade and the rapid industrialisation of the area can potentially impact the Asian pattern of trade: a doubling of the share of manufactures in world exports is predicted by 2030, while the share of primary products in world imports is expected to rise. Moreover, regional participation on global value chains has substantially expanded, with the leading role of China.
After four decades of Franco's dictatorship, marked among many other things by the isolation in which it immersed the country, within only a few years Spain managed to find its own place on the international stage.
The trauma of the July bailout
Due to the Ukrainian crisis, relations between the EU and Russia hit rock bottom, the lowest point from the end of the Cold War. Indeed, it is crystal clear that today’s dispute is nothing but the latest chapter of a long story of misunderstandings and conflicting strategies on the post -Soviet states of Eastern Europe and South Caucasus. The further deepening of this cleavage would inflict serious damage on all interested parties: the EU, Russia and several post-Soviet states. Why is Ukraine so important both for EU and Russia? What are the real origins of the current crisis that brought to an open confrontation between Russia and the EU? What is the rationale behind Russia’s firm opposition to a further NATO enlargement? What are the viable options to escape the fate of a new ‘Cold War’?
In the days ahead of the Greek snap elections on 25 January 2015 a huge range of opinions has appeared on what Greece and its lenders should do. A large group of people are saying that Greek public debt is unsustainable and a significant part of it should be written off. In their view, the Troika is responsible for the deep crisis, austerity has failed, and the fiscal space gained from the debt write-off should be used to stimulate growth.
As the dust and emotions still settle over the attacks by jihadists in Paris, there has been a great deal of commentary on the lessons we should derive from this tragedy. The focus has largely been on free speech, integration, intelligence failures, and the competing claims of responsibility by the Islamic State and Al Qaeda on the Arabian Peninsula (AQAP). So what lessons should we draw?
A Matter of Integration?
Stuck in the middle of different as well as relevant regional complexes, the Caspian Sea basin represents a critical geopolitical hub in the heart of Eurasia landmass.
Political, economic as well as strategic considerations contribute to determine the systemic relevance of the Caspian Sea, whose reputation in the West is mainly linked to the vast availability of largely untapped oil and gas resources. However, behind the fierce competition aimed at the exploitation and transportation of the basin's hydrocarbons lies a much more complex picture, consisting of interlinked legal, military and soft power issues and threats.
Aim of the volume – result of a joint research project conducted by the Center for Strategic Studies under the President of the Republic of Azerbaijan (SAM, Baku) and the Institute for International Political Studies (ISPI, Milan) – is to address the relevance of the Caspian Sea in the post-bipolar international system, analyzing both soft and had security threats emerging form the basin, as well as the policies of littoral and extra-regional actors.
Germany has had to rethink its relations with its European partners twice in four years: in 2010, when the sovereign debt crisis hit the euro area - and following the winter of 2013/14, when Ukraine's westward course triggered a conflict with Russia.