Ireland has asked its dairy and beef farmers to produce more wheat to combat the impact of the destruction. Ukraine.
Invasion means Ukraine, traditionally known as bEurope, is unlikely to produce much food for export this year, and due to Russia sanctions, its wheat exports are also uncertain. This caused the price of wheat to rise sharply.
The price increase at petrol pump stations is also a live results of Russian aggression. Final During the week, the EU struggled with its decision to ban oil imports from Russia, largely because we depend on them as much as we do. nature Air.
Over the past few decades, we have allowed Russia to become the Europe radiator – the source of energy to heat our homes.
Those dependencies are not bad if we depend on each other. If we need each other, neither side has too much power and it is likely that we will behave according to some set of established norms. But asymmetric dependence gives strength to some countries.
Surely part of Putin’s calculation that Germany’s dependence on Russian gas means The EU will not be able to agree on a response.
He had miscalculated, but perhaps if he only occupied the eastern regions of Ukraine and not the carpet-bombed cities, he would find the empty Europe he expected.
Another cause of rising inflation is due to our dependence on another country – China, which has become a countryorld’s faction in the 2000s.
Outsourcing most of our production to China makes sense because it lowers prices in Westimate. Until recently, inflation was a distant memory. It’s also good for China, allowing it to pull hundreds of millions of people out of poverty.
But China’s efforts are still in vainThe ero-Covid policy has caused severe disruption to the supply chain. Chinese factories cannot make phones or Christmas toys for your kids because those factories are frequently closed due to increased Covid cases.
It was Covid that made us focus above our growing dependence on China. When Europe needed masks, it became clear that most of the world’s mask manufacturing was in China. Europe will only have to wait in line. When we received the supplies from China, it turned out that a lot of the goods did not match or were defective.
It’s not just medical equipment. The phone in your pocket is almost certainly made in China. And it will increasingly use Chinese technology. The UK government eventually banned Chinese technology company Huawei from participating in the construction of the UK’s 5G infrastructure because of its links to the Chinese Communist Party.
Where Russia is content to only sell its resources to the West, China seeks to overcome Westimate. It has gone from being just a world’s fact and instead want to be aworld senergy.
It is moving away from an economic model based on cheap labor. That could see us on the shore some West production needs, but if it is with Chinese robots, our dependence may remain.
China’s strategic goals are built on increasing its dependence on the country and reducing its dependence on other countries.
China has invested in the “Belt and Road” initiative to give leverage to countries around the world, including EU countries. It purchased or built significant pieces of infrastructure in a sort of Marshall Plan. China has also increased investment in European companies. It has tried to reduce China’s dependence on the dollar and internationalize the use of its currency, the renminbi.
Dependent factors are at play. Most foreign policy analysts see China as a key player in Putin’s deterrence of misconduct in Ukraine. In spite of China is committing what the US considers a “genocide and crime against humanity” against the Uyghurs of western China, the countries of the W.est no do anything about it. WThe est response to the removal of autonomy from Hong Kong has been flawed. Ireland has been too busy trying to sell dairy products to China for care.
Outstanding events of Russia’s invasion of Ukraine dangers of dependence. Our reliance on Russian gas may eventually lead us to listen to environmentalists who tell us to give up imported fossil fuels – even though they may would help their case if they put the matter into security concerns.
As for Ireland, we should think about whether we are too dependent on the US and the small number of companies there for our economic model. Sure, we share similar values, but confining ourselves to one place increases the risk if something goes wrong. More than anything, it should be a wake-up call for European Union. Much of the past 15 years has been spent dealing with internal troubles that the EU has not sought to create a safe world for itself outside. border.
That means we need a new plan, a European Marshall Plan to invest in Neighboring countries, especially in Africa, can become more stable, prosperous and freer places whose interests lie in Europe and its values.
Eoin O’Malley teaches politics and public policy at Dublin City University
https://www.independent.ie/opinion/our-dependency-on-china-will-see-prices-here-rise-even-further-41440427.html Our reliance on China will drive prices up here further