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New Globalization and Energy Transition: Insights from Recent Global Developments

Dimos Chatzinikolaou and Charis Vlados

No 7-2024, DUTH Research Papers in Economics from Democritus University of Thrace, Department of Economics

Abstract: This paper explores the combined impacts of certain geopolitical and geoeconomic shifts on the global energy transition, focusing on developments related to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Regional Comprehensive Economic Partnership (RCEP) agreements. The New Globalization Scenario Matrix (NGSM) and a correlative SWOT analysis in transnational terms are utilized to understand and conceptualize potential future global trends in the emerging new globalization. Findings suggest that the examined contemporary global events may enhance the overall performance of the global system, thereby accelerating energy transitions. Consequently, a re-envisioned approach to the International Political Economy (IPE) of energy is proposed, blending repositioned realism and liberalism to foster a realistic and innovative new global liberalism.

Keywords: international political economy; energy transition; new globalization; geopoliticalgeoeconomic shifts; New Globalization Scenario Matrix (NGSM); correlative SWOT analysis (search for similar items in EconPapers)
JEL-codes: F60 P48 Q40 Q49 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2024-10-03
New Economics Papers: this item is included in nep-ene, nep-env and nep-int
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