Géostratégie : "Armement de l'interdépendance économique"
Je partage avec vous une initiative menée par les professeurs Jeremy Ghez et Olivier Chatain avec l'IRSEM, Institut de Recherche Stratégique de l'Ecole Militaire, sur "l'Entreprise face à l'armement de l'interdépendance économique". Il s'agit de comprendre comment l'entreprise peut/doit se préparer à la transformation des liens économiques — commerce, finance, technologies, chaînes d’approvisionnement — en instruments de pression, de coercition ou de puissance géopolitique.
Le cycle se décline en 2 séminaires d'une heure chacun à l'heure du déjeuner (le 11 mars puis le 15 avril) et d'un colloque la matinée du 25 juin.
S'enregistrer au 1er séminaire via le lien ci-dessous dans le message de Jeremy Ghez.
Fadi Lahoud - Président Club HEC Géostratégie
Our yearly symposium will take place the morning of June 25, at Ecole Militaire. We’d love to have you. Details to come.
In the meantime, the first seminar will take place on March 11, at noon, at École Militaire (Paris, 7e arrondissement). Registration is mandatory for security reasons. You can register here.
Trust in a Fragmenting World: What the 2026 Edelman Trust Barometer Means for Global Business
The 2026 Edelman Trust Barometer documents a critical shift from grievance to insularity: societies are narrowing their circles of trust, favoring domestic over foreign, familiar over diverse, values alignment over institutional legitimacy. Seven in ten people now hesitate to trust anyone outside their immediate ideological or national sphere. Trust in domestic companies exceeds trust in foreign firms by up to 31 points; more than a third of respondents want fewer foreign companies operating locally, even at the cost of higher prices.
For researchers and practitioners alike, the Barometer is a hypothesis generator — a dataset that sits at intersections where disciplines don't usually talk to each other. As geopolitical tensions harden borders, reshape supply chains, and politicize market access, the currency of global business may no longer be efficiency alone — it is trust, and trust is increasingly bounded by national identity and perceived alignment with local interests.
This session is part of the HEC Paris–IRSEM seminar series on the weaponization of economic interdependence. It is an invitation to think across fields about what this data might mean.
The next session will be on April 15, same time, same place.
The Euro's Last Chance: Internationalize or Become Irrelevant
As the global economic order enters a period of transition, a rare strategic opening is emerging — the so-called Kindleberger gap — where the traditional stabilizing role of the dominant currency, the U.S. dollar, shows signs of strain. This moment presents Europe with both a challenge and an opportunity: to elevate the euro from a strong regional currency into a true global anchor.
Internationalizing the euro is not about rivalry for its own sake; it is about resilience, autonomy, and responsibility. A more globally used euro would reduce Europe's exposure to external financial shocks, strengthen its geopolitical influence, and contribute to a more balanced and stable international monetary system. In a world of fragmented supply chains and rising uncertainty, relying too heavily on a single dominant currency is a systemic risk Europe can no longer afford. So how can this be achieved?
(seminar in english).
Jeremy Ghez
Professor of Economics and International Affairs (Education Track),
HEC Paris
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