„Bidenomics“ a EU. Vliv přijeti inflation reduction act na Evropskou geoekonomickou debatu
“Bidenomics” and the EU. The Impact of the Adoption of the Inflation Reduction Act on the European Geoeconomic Debate

Author(s): Tomáš Petříček
Subject(s): Supranational / Global Economy, Energy and Environmental Studies, Economic policy, International relations/trade, Public Finances, ICT Information and Communications Technologies
Published by: Ústav mezinárodních vztahů
Keywords: Inflation Reduction Act;
Summary/Abstract: The new US economic program, known as “bidenomics”, has been met with mixed reactions from its American partners from the beginning. This was particularly evident in the case of the Inflation Reduction Act (IRA), which has raised considerable concerns about its geoeconomic impacts on the EU’s position. The European debate on the impacts and options for responding to the IRA reveals that significant differences in attitudes towards key geoeconomic instruments on the EU side persist. The policy paper focuses primarily on divergent approaches to industrial policy, which weakens the EU’s capacity to respond to the significant geoeconomic challenges of today. It is also a risk to its future competitiveness and to the success of two transformation processes underway in parallel – decarbonisation and digitalisation.

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