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1. AI Governance and Geopolitical Challenges: What’s Next after Italy’s G7 Presidency?

Author:
Federica Marconi
Publication Date:
01-2025
Content Type:
Working Paper
Institution:
Istituto Affari Internazionali
Abstract:
Profound technological developments have marked recent years, coupled with increasing geopolitical instability and economic fragmentation driven by rising tensions between major powers. Emerging technologies, particularly artificial intelligence (AI), have been at the core of global competition due to their potential for enhancing productivity and fostering innovation. The technological race has started to extend also to the definition of global AI governance frameworks, with the United States, the EU and China pursuing divergent regulatory approaches and striving to influence countries, especially in the Global South, that are looking at the existing models for their national regulatory systems. Against this backdrop, international fora such as the G7 are called upon to play a key role in fostering dialogue on how to reconcile these divergent perspectives and shape global governance for AI.
Topic:
International Political Economy, Governance, G20, G7, and Digital Policy
Political Geography:
Italy and Global Focus

2. Building Ambition in the Run-up to Belém: Italy’s G7 Presidency on Climate and Energy

Author:
Margherita Bianchi and Chiara Scissa
Publication Date:
02-2025
Content Type:
Working Paper
Institution:
Istituto Affari Internazionali
Abstract:
A main priority of the 2024 Italian G7 presidency was to build stronger partnerships with African countries across a number of policy areas, including climate and energy. Italy pushed forward several G7 initiatives to tackle the adverse effects of climate change and resource scarcity in developing regions as well as to enhance energy access in Africa. Despite the relevance of these pledges, it is still unclear how these initiatives can align with, and maximise the impact of, existing climate- and energy-related projects set out in other fora. Still, the Italian G7 was successful in shedding light on the need for stronger intersectionality in G7 processes – finance, climate, infrastructure, food – and in advancing synergies with parallel G20 and climate conferences of the parties (COP) discussions. Canada, South Africa and Brazil, respectively holding the 2025 G7, G20 and COP30 Presidencies, can build on the lesson of the Italian G7 presidency, especially in light of the decreasing attention that major powers such as the United States are paying to multilateral governance regimes.
Topic:
Climate Change, Development, G20, G7, and Energy
Political Geography:
Africa and Italy

3. The G7 and Sustainable Agri-Food Systems’ Transformation: Lessons Learned from the Italian Presidency

Author:
Daniele Fattibene
Publication Date:
02-2025
Content Type:
Working Paper
Institution:
Istituto Affari Internazionali
Abstract:
Italy put a strong emphasis on food and nutrition security during its 2024 G7 Presidency, designing or scaling up plans to transform global food systems. Although the Italian presidency was able to gather consensus on key dimensions such as the food and climate nexus or development finance, structural weaknesses remain. Among them, the limited representation of Global South interests, the lack of space for civil society and farmers’ organisations in the decision-making process and the institutional rivalry between the Finance and the Development Tracks. While the G7 can more easily mobilise consensus and financial solutions to tackle global hunger, it has gradually lost ground to settings such as the G20 or the UN climate conference generally known as COP. The G7 must align its food-security solutions with those designed by other global partners (the G20 Global Alliance Against Hunger and Poverty, or the EU’s Global Gateway) that can more effectively address food insecurity, while tackling all the barriers that make it too risky for local actors and the private sector to invest in sustainable agri-food systems transformation.
Topic:
Agriculture, Climate Change, Food Security, and G7
Political Geography:
Europe and Italy

4. The G7’s Geoeconomic Future: Insights from Conflicts with Russia, China, and Iran

Author:
Claudia Schmucker, Stormy-Annika Mildner, and Avi Shapiro
Publication Date:
05-2024
Content Type:
Commentary and Analysis
Institution:
German Council on Foreign Relations (DGAP)
Abstract:
In an increasingly conflictual global environment, the G7 has become a more and more important geoeconomic actor. Yet looking at the case studies of Russia, Iran, and China reveals that the geoeconomic role the G7 plays has been mixed. For the G7 countries to improve their geoeconomic impact, they need to align their interests and risk perceptions, as well as improve their ability to propose and enact geoeconomic measures. In addition, the G7 should bolster its partnerships with other democracies and like-minded countries.
Topic:
Partnerships, G7, and Geoeconomics
Political Geography:
Russia, China, Europe, Iran, Middle East, and Asia

5. Is the G7 still relevant?

Author:
Raffaele Trombetta
Publication Date:
03-2024
Content Type:
Commentary and Analysis
Institution:
LSE IDEAS
Abstract:
In the first of our new Expert Analysis series, former Italian Ambassador to the United Kingdom, Raffaele Trombetta, draws on his career experience to answer the question of whether the G7 is still relevant in today’s international order. Detailing a narrative of the G7’s history, confronting its challenges, and addressing its common criticisms, this paper deals with the alternatives (G20 and BRICS), as well as where the G7’s interests should lie in future relations with China and the African nations.
Topic:
Foreign Policy, Diplomacy, G20, G7, BRICS, and International Order
Political Geography:
Africa, China, Europe, and Asia

6. Technological Innovation and Cybersecurity: The Role of the G7

Author:
Ettore Greco and Federica Marconi
Publication Date:
05-2024
Content Type:
Commentary and Analysis
Institution:
Istituto Affari Internazionali
Abstract:
In an era of unprecedented technological advancement, digital transformation is revealing its enormous potential, but also presenting new challenges. At its core, it represents a catalyst for innovation, igniting advancements that enhance productivity and propel economic growth. Thus, harnessing its transformative power holds the promise of unlocking new opportunities, solving complex challenges and ultimately shaping a more inclusive and sustainable future for humanity. However, rapid technological progress has ushered in a new era of interconnectedness and interdependence, where nations are increasingly reliant on digital systems and networks to power their economies and safeguard their national security. In this regard, the intersection of technological advancement and the amplification of geopolitical tensions has brought into sharp focus the myriad threats that countries face in the contemporary landscape. Among others, cyberattacks, in particular, have grown more sophisticated, transcending national borders and necessitating collaboration and partnerships among nations to protect against such threats. These challenges have prompted all major actors – both public and private – to intensify their efforts to protect their data and digital assets. They are devising and implementing a variety of risk management strategies. The empirical evidence shows that the most effective and resilient cybersecurity policies and approaches are those tailored to specific risks and security requirements. Individual organisations need to adopt the cybersecurity measures most appropriate for the challenges they face, based on a careful risk assessment. This requires the adoption of internationally recognised cybersecurity frameworks and standards that are based upon the principles of risk management and that are relevant across sectors to strengthen consistency and continuity among interconnected sectors and throughout global supply chains. Cybersecurity threats are transnational by definition and as such they can be countered effectively only through global mechanisms aimed at risk reduction and trust building. A primary objective of multilateral cooperation should be the adoption of interoperable policy frameworks that promote international harmonisation and consistent cybersecurity mechanisms. The G7 can provide a fundamental impulse for this cooperation at the global level by encouraging the development and implementation of risk-based, consensus-driven frameworks, standards and risk management best practices. A commitment to these internationally recognised cyber risk management approaches and frameworks can advance economic security and enhance cyber resilience across the ecosystem.
Topic:
Science and Technology, Cybersecurity, Innovation, G7, and Digital Policy
Political Geography:
Global Focus

7. The Trinity of COVID Era Inflation in G7 Economies

Author:
Joseph E. Gagnon and Asher Rose
Publication Date:
12-2024
Content Type:
Working Paper
Institution:
Peterson Institute for International Economics (PIIE)
Abstract:
COVID era inflation was driven by a unique combination of three shocks: First, a plethora of pandemic-related shifts in demand patterns and disruptions to supply caused prices of consumer durable goods to skyrocket. Second, the Ukraine war caused the largest global commodity price surge in 40 years, which mainly affected prices of nondurable goods such as food and gasoline. Third, strong monetary and fiscal responses to the pandemic recession caused labor markets to tighten, pushing up prices of services. This paper estimates models of the components of consumer prices in each G7 economy in order to document the transmission of these shocks. The first two shocks had run their course by 2023, enabling overall inflation to decline sharply from its 2022 peak. But labor markets remained at least moderately tight in most G7 economies in 2024, and services inflation remained noticeably higher than its pre-pandemic level.
Topic:
Economy, Inflation, G7, COVID-19, and Goods and Services
Political Geography:
Global Focus

8. UK Trade Tracker Q1 2024

Author:
Stephen Hunsaker
Publication Date:
04-2024
Content Type:
Special Report
Institution:
UK in a Changing Europe, King's College London
Abstract:
The UK in a Changing Europe trade tracker focuses on three key areas: UK trade and its performance relative to historical data; UK trade in a global context and how it compares to the G7; and finally, newsworthy developments which have occurred within trade. Typically, it is a quarterly snapshot. However, with data for the last quarter of 2023 now out this edition of the tracker will look at 2023 as a whole and how trade performed over the course of the year. The tracker examines how UK trade measures compare to 2019 as well as the proportion of total UK trade with the EU. It also looks at a breakdown of UK total trade by country and region. In addition, the tracker looks at the UK’s trade balance and trade openness compared to the G7.
Topic:
Economy, Trade, and G7
Political Geography:
United Kingdom and Europe

9. UK Trade Tracker Q4 2023

Author:
Stephen Hunsaker
Publication Date:
01-2024
Content Type:
Special Report
Institution:
UK in a Changing Europe, King's College London
Abstract:
The UK in a Changing Europe trade tracker is now being produced quarterly and in a new format. The new format trade tracker will focus on three key areas: UK trade and its performance relative to historical data; UK trade in a global context and how it compares to the G7; and finally, newsworthy developments which have occurred within trade in the last quarter. In the Q4 2023 edition, the trade tracker looks at how UK trade measures compare to 2019 as well as the proportion of total UK trade with the EU. In addition, the tracker looks at the UK’s trade balance and trade openness compared to the G7. Lastly, the tracker summarises the proposal for an independent UK Board of Trade, and explores what impact it could have and how likely we are to see its creation in the next year.
Topic:
European Union, Economy, Trade, and G7
Political Geography:
United Kingdom and Europe

10. Japan’s Gradual Move to Address Technological Challenges to Democracy

Author:
Maiko Ichihara
Publication Date:
04-2023
Content Type:
Commentary and Analysis
Institution:
East Asia Institute (EAI)
Abstract:
Maiko Ichihara, a professor at Hitotsubashi University Graduate School of Law, explores the challenges that technological advancements pose to democracy and analyzes Japan’s recent efforts to regulate disinformation and protect private data. Despite the absence of global regulations on digital technology, Ichihara highlights Japan’s domestic fact-checking efforts as well as its multilateral initiatives with G7 to create action plans promoting international cooperation against disinformation and data privacy abuse. In order to bolster democracy in the digital realm, she advocates for a proactive development of counter-narratives to fake news on social media.
Topic:
Science and Technology, Democracy, Regulation, Privacy, Social Media, G7, Disinformation, Data Collection, and Digital Space
Political Geography:
Japan and Asia