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41. Are Small Modular Reactors Europe’s Energy Salvation?

Author:
Manuel Herrera
Publication Date:
11-2022
Content Type:
Commentary and Analysis
Institution:
Istituto Affari Internazionali
Abstract:
Nuclear power has never lived up to expectations due to its enormous development, construction and maintenance costs, as well as safety concerns. However, governments committed to ambitious climate change targets have taken a second look at it. In Europe, for instance, in January this year, the European Commission added nuclear power to the list of projects eligible for green financing and, in July, included it in its taxonomy.[1] Russia’s invasion of Ukraine, meanwhile, has sent fossil fuel prices soaring and put energy security at the top of the political agenda in Europe.
Topic:
Climate Change, Nuclear Power, and Energy
Political Geography:
Europe and Eastern Europe

42. Italy’s Election and the Rise of Hard Right Conservativism

Author:
Andrea Dessì and Vassilis Ntousas
Publication Date:
09-2022
Content Type:
Commentary and Analysis
Institution:
Istituto Affari Internazionali
Abstract:
Should the polling prove accurate, Italy will soon be governed by its most radical right-wing government since World War II. Come 25 September, a coalition of political parties – dominated by the hard-right and anti-migrant Brothers of Italy party (Fratelli d’Italia – FdI) and Matteo Salvini’s League (Lega) – appears poised to secure a clear, if not resounding, majority in parliament. This will return Italy to a right-wing government, the first since Silvio Berlusconi’s centre-right coalition collapsed amidst the risk of Italian bankruptcy back in 2011. Despite its neo-fascist roots, heading the polls with about 25 per cent of the vote is Giorgia Meloni’s FdI, the frontrunner to become the country’s first female premier and first far-right head of government in Italy’s Republican history.[1] Salvini’s League and Silvio Berlusconi’s Go Italy (Forza Italia) party are the other major members of the right-wing coalition, whose impact if elected will reverberate far beyond Italy. For Europe, the polls are another indication of the spread of hard-right conservativism, following the French National Front’s electoral gains over the past few years and the recent victory by the Sweden Democrats this September.
Topic:
Foreign Policy, Elections, Far Right, Political Parties, and Domestic Policy
Political Geography:
Europe and Italy

43. Italy’s Far-Right and the Migration Debate: Implications for Europe

Author:
Julian M. Campisi and Cecilia Emma Sottilotta
Publication Date:
09-2022
Content Type:
Commentary and Analysis
Institution:
Istituto Affari Internazionali
Abstract:
Following the collapse of Mario Draghi’s national unity government in July, Italy is set to elect a new parliament on 25 September 2022, the first general election since 2018. Grappling with a myriad of socio-economic and energy challenges, the next government will face significant hardship in turning the tide, with Italy widely expected to be governed by a right-wing conservative government at a time when all indications point to Italy moving into recession in 2023. A conservative coalition of far- and centre-right parties, led by Brothers of Italy (Fratelli d’Italia – FdI), the League (Lega) and Go Italy (Forza Italia) party, is expected to win a significant majority of seats in parliament. While Russia’s invasion of Ukraine and the ensuing inflation and energy crisis have dominated the electoral campaign, other issues should not be overlooked, not least in light of their impact on domestic politics as well as broader Italy–EU relations.
Topic:
Foreign Policy, Migration, Elections, Far Right, Political Parties, and Domestic Policy
Political Geography:
Europe and Italy

44. Putin vs Monnet: European Resilience, Energy and the Ukraine War

Author:
Nathalie Tocci
Publication Date:
09-2022
Content Type:
Working Paper
Institution:
Istituto Affari Internazionali
Abstract:
As the Ukraine war escalates with no end in sight, Europe’s resilience is put to test. Nowhere is this clearer than in the energy sphere, where the crisis first created the perfect timing for Russia’s invasion and then became weaponised against Europe in the broader confrontation with the West. In this confrontation, two interpretations of resilience come to the fore: Vladimir Putin and Jean Monnet’s, with the former emphasising pain endurance and the latter transformation through crisis. The jury is out on whether Putin or Monnet will win the day, and whether and how the European Union will prove and strengthen its resilience. But at the height of this crisis, my bet today is squarely on Jean Monnet.
Topic:
Climate Change, Politics, European Union, Institutions, Energy, and Russia-Ukraine War
Political Geography:
Russia and Europe

45. NATO’s New Strategic Concept: Novelties and Priorities

Author:
Alessandro Marrone
Publication Date:
07-2022
Content Type:
Commentary and Analysis
Institution:
Istituto Affari Internazionali
Abstract:
NATO’s new Strategic Concept provides a clear set of guidelines for the Alliance in a mid-term perspective. Adopted on 29 June in Madrid, the Concept outlines a number of priorities stemming from Russia’s war on Ukraine, but also puts forward relevant novelties concerning China and the Indo-Pacific. During the NATO Summit in Madrid, alliance members affirmed that Russia can no longer be considered a partner, effectively internalising the geopolitical earthquake represented by the return of a major conventional and multi-domain war on European soil.[1] The Strategic Concept also identifies deterrence and defence as the Alliance’s number one priority, in comparison to the other core tasks: crisis prevention and management and cooperative security.
Topic:
Security, Defense Policy, NATO, and Strategic Planning
Political Geography:
Russia, China, Europe, and Asia

46. Sense and Nonsense behind Energy Price Caps

Author:
Daniel Gros and Nathalie Tocci
Publication Date:
07-2022
Content Type:
Commentary and Analysis
Institution:
Istituto Affari Internazionali
Abstract:
In official circles at the highest level, from the G7 to the European Council, a tense debate is taking place on what to do about spiralling gas and oil prices, which have either broken or have come dangerously close to breaking record territory. In Europe, a special meeting of the European Council on energy was originally scheduled for the fall, but is now being brought forward, while the European Commission is working on an emergency plan to prepare for a complete cut-off of Russian gas. Energy prices dominate the agenda of our leaders. Yet it is a confused and often confusing debate that is worth unpacking.
Topic:
Climate Change, Oil, Gas, and Energy
Political Geography:
Russia and Europe

47. European Defence: Time to Act

Author:
Alessandro Azzoni
Publication Date:
07-2022
Content Type:
Commentary and Analysis
Institution:
Istituto Affari Internazionali
Abstract:
The Russian invasion of Ukraine on 24 February 2022 has renewed momentum on the long-standing debate on EU defence, convincing many that the time for concrete steps to meet this ambition – the building of a united European defence grounded in its own strategic and technological autonomy – has finally come. Talks have been ongoing for some 68 years – that is, since the French parliament sunk the European Defence Community project back in 1954. The manifest broadening of public consensus for the idea of European defence is not enough. Thorough technical assessments will be needed to identify priorities and strike an acceptable balance between reducing duplications, optimising expenses and the inevitable transfer of some elements of strategic and operational “sovereignty” in the military domain.
Topic:
Defense Policy, European Union, Defense Industry, Procurement, and Common Security and Defence Policy (CSDP)
Political Geography:
Europe

48. The De-Globalisation of Oil: Risks and Implications from the Politicisation of Energy Markets

Author:
Rafael Ramírez
Publication Date:
07-2022
Content Type:
Commentary and Analysis
Institution:
Istituto Affari Internazionali
Abstract:
The EU’s announced ban on Russian oil imports is a strong political measure that will heavily impact international energy markets, restricting the supply of 4.1 million barrels per day (mbd) of oil and derivates to a market which is a net importer of 10.72 mbd.[1] The EU’s ban, which is due to fully come into effect between December 2022 and February 2023, combined with the US’s previous ban of 600 thousand barrels a day (tbd), means that 4.7 mbd of Russian oil and derivatives are being removed from these high oil consuming markets (35.9 mbd in total). If we add the 1.3 mbd of oil that Iran has stopped producing due to US sanctions reintroduced in 2018, we reach a volume of 6 mbd of oil that is restricted or out of the market due to political decisions. The Russian invasion of Ukraine and the unprecedented sanctions and oil ban imposed on Moscow, combined with the previous oil sanctions against Iran, are fast advancing a new geopolitical reality: the de-globalisation of the international oil market.
Topic:
Oil, Sanctions, European Union, Energy, and Russia-Ukraine War
Political Geography:
Europe

49. The Russian Economy Is Muddling Through the Sanctions War

Author:
Oleg Buklemishev
Publication Date:
07-2022
Content Type:
Working Paper
Institution:
Istituto Affari Internazionali
Abstract:
The transatlantic campaign of sanctions against Russia after its aggression of Ukraine is unprecedented in scale and scope, involving not only dozens of democratic states but also many non-state actors. It imposes considerable barriers and additional cost to the functioning of the Russian economy, which is bound to undertake deep restructuring with far-reaching consequences for production and consumption processes. The current appreciation of the rouble and inflationary slowdown are not signs of improvement but rather the direct effects of the stabilisation measures undertaken and, in fact, bode ill for further economic development. Numerous problems have started to surface this summer and optimistic assessments on the basis of initial resilience of the Russian economy look premature. Russia currently lacks a strategic plan of economic restructuring under the new environment. The future course of events will depend on whether the private sector leads this restructuring with minimal losses or the government imposes its normative prospective, tilting the result farther from economic equilibrium.
Topic:
Sanctions, European Union, Economy, and Russia-Ukraine War
Political Geography:
Russia, Europe, and Ukraine

50. Not Yet Time for Diplomacy. Lessons from Italy’s Ill-Conceived Peace Plan for Ukraine

Author:
Riccardo Alcaro and Nona Mikhelidze
Publication Date:
06-2022
Content Type:
Commentary and Analysis
Institution:
Istituto Affari Internazionali
Abstract:
Few may have noticed, but Italy recently advanced its own diplomatic proposal for a resolution of the war in Ukraine. Rome’s ambitious peace plan[1] received little international recognition, although it was reportedly shared with the Quint – an informal consultation group comprising the United States, France, Germany, the United Kingdom and Italy – and formally presented to UN Secretary General António Guterres on 18 May 2022.[2] Crucially, the plan failed to impress the leaderships in both Ukraine[3] and Russia,[4] leading Foreign Minister Luigi Di Maio to put it aside on the grounds that circumstances are not “ripe” for such an initiative.[5]
Topic:
Foreign Policy, Diplomacy, Peace, and Russia-Ukraine War
Political Geography:
Russia, Europe, Ukraine, and Italy

51. The Geopolitics of Clean Hydrogen – Opportunities and Challenges for Italy

Author:
Marco Giuli
Publication Date:
06-2022
Content Type:
Working Paper
Institution:
Istituto Affari Internazionali
Abstract:
The emergence of clean hydrogen as an energy carrier promises to shape the future geography of the energy trade. Under growing contestation of interdependence, such a geography should be read through political lenses alongside commercial and technological ones. Generally, hydrogen is likely to reduce the geopolitical sensitivity of energy trade with respect to a fossil-fuel-based energy order by increasing the share of energy produced domestically, shifting geostrategic competition from a focus on grabbing resources to a focus on mastering technology and setting standards, and offering petrostates opportunities for economic diversification. Italy can exploit the opportunities offered by a hydrogen economy for enhancing its energy security and positioning in the regional energy trade. However, it should be careful with monitoring how geopolitical barriers such as regional instability may affect its hydrogen ambitions.
Topic:
Geopolitics, Trade, Hydrogen, Pipeline, and Energy
Political Geography:
Europe and Italy

52. How Italians View Military Spending

Author:
Pierangelo Isernia, Rossella Borri, and Sergio Martini
Publication Date:
04-2022
Content Type:
Commentary and Analysis
Institution:
Istituto Affari Internazionali
Abstract:
On 16 March, a sweeping majority in the Italian Chamber of Deputies approved order 9/3491-A/35 committing the Italian government to raise the defence budget to 2 per cent of GDP.[1] Taken in the wake of the Russian invasion of Ukraine, this decision strengthens Italy’s adherence to the commitment made by NATO countries in 2004 and reiterated at the 2014 NATO summit in Newport, Wales. The announcement comes after half a decade of increasing Italian defence spending. Having decreased from 1.5 per cent of GDP in 2010 to 1.2 per cent in 2015, Italy’s military expenditures started to grow again, reaching 1.6 per cent of GDP in 2020. This figure is still considerably lower than the UK’s 2.2 per cent or France’s 2 per cent, but higher than Germany’s and Spain’s 1.4 per cent.[2] To understand the broader context within which Italy has decided to renew its commitment to the NATO target, Italian public opinion should be factored in. In this respect, opinion polls conducted prior to the war in Ukraine can shed some light on Italian attitudes toward defence spending in general and the 2 per cent NATO pledge specifically.
Topic:
Public Opinion, Budget, and Military Spending
Political Geography:
Europe and Italy

53. The EU and the Ukraine War: Making Sense of the Rise of a “Geopolitical” Union

Author:
Riccardo Alcaro
Publication Date:
03-2022
Content Type:
Commentary and Analysis
Institution:
Istituto Affari Internazionali
Abstract:
By ordering Russian armed forces into Ukraine, President Vladimir Putin has arguably made the greatest blunder of his twenty-two-year long rule. The Russian president seems to have underestimated not just Ukraine’s capacity to resist the invasion, but also the resolve of the United States and its partners to oppose it.[1] If that is indeed the case, the greatest surprise must have come from the European Union.
Topic:
Sanctions, European Union, Geopolitics, and Russia-Ukraine War
Political Geography:
Russia, Europe, and Ukraine

54. Russian Energy Exports and the Conflict in Ukraine: What Options for Italy and the EU?

Author:
Margherita Bianchi and Pier Paolo Raimondi
Publication Date:
03-2022
Content Type:
Commentary and Analysis
Institution:
Istituto Affari Internazionali
Abstract:
Putin’s war on Ukraine has shaken the European Union to its core. Implications will be long lasting in numerous domains, but it is in the security and energy dimensions that concrete changes are already becoming evident as the EU fast tracks its strategy for energy diversification. The Russian invasion has drastically changed the European energy paradigm, with the new political absolute being a fast reduction of Europe’s overdependence on Russian gas. Diversifying energy supplies away from Russia is a means to tighten the economic noose around Putin, seeking to deprive the Kremlin of billions in energy revenue given that Russia continues to export oil, gas and coal to Europe at very high prices.
Topic:
Security, Sanctions, European Union, Gas, Energy, and Russia-Ukraine War
Political Geography:
Russia, Europe, Ukraine, and Italy

55. Russia–Ukraine Talks and the Indispensable Role of the US and Europe

Author:
Riccardo Alcaro
Publication Date:
03-2022
Content Type:
Commentary and Analysis
Institution:
Istituto Affari Internazionali
Abstract:
Vladimir Putin’s imperialist war of conquest in Ukraine is about to enter its fifth week. Russia’s failure to shock and awe Ukraine’s government and armed forces into submission through a poorly executed Blitzkrieg has morphed into a slow and ever more brutal three-front campaign. While Russian forces struggle to make strides in the north and east, they have been more successful in the south, where they are about to deprive Ukraine from access to the Sea of Azov.
Topic:
Foreign Policy, Diplomacy, European Union, Conflict Management, and Russia-Ukraine War
Political Geography:
Russia, Europe, Ukraine, and United States of America

56. A Scramble for Gas: Qatari LNG and EU Diversification Plans

Author:
Pier Paolo Raimondi
Publication Date:
04-2022
Content Type:
Working Paper
Institution:
Istituto Affari Internazionali
Abstract:
Amidst a worsening geopolitical and energy crisis in Europe, the EU is scrambling to increase liquefied natural gas (LNG) imports as one component of its larger objective to reduce its overdependence on Russian gas. In 2021, the EU imported 155 billion cubic metres (bcm) of natural gas from Russia (140 bcm via pipeline and 15 bcm of LNG). Under its REPowerEU initiative, the European Commission aims to increase LNG imports to replace 50 bcm of Russian gas by the end of 2022.
Topic:
European Union, Geopolitics, Gas, Diversification, and Energy
Political Geography:
Europe and Qatar

57. Lessons from the T20: Five Priorities for Italian Infrastructure Investment

Author:
Fulvio Bersanetti, Nicola Bilotta, Raffaele Della Croce, Valeria Lauria, and Nicolò Russo Perez
Publication Date:
01-2022
Content Type:
Commentary and Analysis
Institution:
Istituto Affari Internazionali
Abstract:
As states and societies continue to struggle with the pandemic, a fundamental element of the post-Covid recovery will be the capacity to revive both public and private investments in infrastructure, thereby boosting growth and employment. Differently than previous crises, reorienting infrastructure investment to respond to the new social and environmental needs will also be needed, starting with health and poverty reduction, as well as climate change and the digitalisation drive. Italy is no exception. Under the Recovery and Resilience Facility (RRF) promoted by the European Union, Italy will receive 191 billion euro in which infrastructure investments will play a fundamental role. To unlock its full economic potential and pursue a successful post-Covid recovery, Italy should embrace five key priorities for infrastructure investment.
Topic:
Infrastructure, Finance, Sustainable Development Goals, Investment, and COVID-19
Political Geography:
Europe and Italy

58. A Healthier and More Sustainable Global Food System: What is at Stake for the EU?

Author:
Marta Antonelli
Publication Date:
01-2022
Content Type:
Commentary and Analysis
Institution:
Istituto Affari Internazionali
Abstract:
Fixing the global food system is arguably the most powerful leverage to nurture the world’s population while keeping human activity within the biophysical limits of the planet. Yet, food systems are today a threat to both human and planetary health, and thus require bold and forward-looking strategies as well as multi-stakeholder collaboration.
Topic:
Agriculture, Climate Change, Health, Politics, Natural Resources, European Union, Food Security, and Sustainable Development Goals
Political Geography:
Europe

59. A Digital Euro in Search of an Identity

Author:
Franco Passacantando
Publication Date:
02-2022
Content Type:
Commentary and Analysis
Institution:
Istituto Affari Internazionali
Abstract:
The recent proliferation of crypto assets and other digital currencies is rapidly transforming the financial industry and the very concept of money. In response to these developments, many central banks are considering the possibility of introducing a central bank digital currency (CBDC), to be used as an alternative to cash. These trends have led to a lively debate on the role that a new sovereign digital currency could play in the monetary system. Some claim that the creation of a CBDC looks like a solution in search of problem because the private sector is already responding to the needs of faster and cheaper payment services.[1] The opposite view is that, if nothing is done, central banks could eventually lose the capacity to conduct monetary policy, to preserve financial stability and to ensure the proper functioning of the payment system. While the European Central Bank (ECB) has yet to make a final decision, in July 2021 it announced the start of a two-year “investigation phase” on the possible introduction of a euro CBDC, in which the views of prospective users and of those who will distribute the new currency will be sought.
Topic:
European Union, Finance, Currency, and Digital Policy
Political Geography:
Europe

60. Inequalities and Local Infrastructure: The Challenges of Post-Covid Recovery Investments

Author:
Filippo Barbera
Publication Date:
02-2022
Content Type:
Commentary and Analysis
Institution:
Istituto Affari Internazionali
Abstract:
Rather than being mere “productive environments”, localities embedded in infrastructure are distinctive living places in which communities of people live and establish a greater part of their daily social relationships. As a result, infrastructure represents the backbone of citizenship rights and strongly affect territorial inequalities. Infrastructure is chiefly understood in physical terms as reticulated systems of highways, pipes, wires or cables. This physical reductionism is by no means sufficient to encompass the multiple facets of the concept or to make sense of the many ways infrastructure affects socio-political inequalities. Knowledge infrastructure, for instance, may indicate robust networks of people, equipment and institutions that generate, share and maintain specific knowledge about the human and natural worlds. Infrastructure furthermore refers to the interplay between information technologies, transportation and other intermodal transport devices. All of these kinds of infrastructure affect inequalities in different ways.
Topic:
Political Economy, Politics, Infrastructure, Governance, European Union, Sustainable Development Goals, and Institutions
Political Geography:
Europe