Economic sovereignty and value chains: conference by Paul Hérault at IFRI (28 March)

Rehabilitating the production base and reducing vulnerability to the internationalisation of voor.

It is on this theme that Paul Hérault, Associate researcher at the Chair and author of the study « How can we strengthen our sovereignty in an era of global value chains?« will be speaking on Monday 28 March at IFRI, as part of a conference with Philippe Logak, General Rapporteur to the Haut-Commissariat au Plan (5pm - 6.30pm).

The health crisis was a stark reminder of certain risks associated with the globalisation of value chains and the de-industrialisation of France and Europe. Recent work by Ifri and the Haut-Commissariat au Plan (the French Planning Commission) aims to provide not only a diagnosis but also recommendations on the methodology to be adopted to identify and respond to the most critical external dependencies.

In January 2022, the Haut-Commissariat au Plan published a report on the identification of vulnerabilities in medicines and health products, and also suggested a method based on a line-by-line analysis of detailed foreign trade figures, which could be used as the basis for a strategy to win back our production base.

For his part, Paul Hérault suggests ways of better managing the risks associated with global value chains: identifying and mapping strategic value chains; assessing their criticality and defining the levers for securing them; and coordinating the roles of the various players: public and private, national and European.

The discussion will be moderated by Alice Pannier, Head of the Geopolitics of Technology programme at IFRI.

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