Analysts Converge on "Great Game" Assessment: Geopolitical and Economic Statecraft Intersect in Global Power Shifts

Velina Tchakarova, a prominent geopolitical strategist, recently highlighted a significant convergence in expert analysis regarding the evolving global landscape, often referred to as the "great game." In a social media post, Tchakarova noted her alignment with Michael Every, Global Strategist at Rabobank, despite their differing analytical lenses. "It’s interesting how Michael & I arrive at a similar assessment of the current great game but from two different perspectives," Tchakarova stated, emphasizing Every's focus on economic statecraft and her own on geopolitical and military dimensions.

Tchakarova, founder of the geopolitical consultancy FACE and former Director of the Austrian Institute for European and Security Policy (AIES), is recognized for her extensive experience in security and defense. Her work involves analyzing global trends, risks, and scenarios, advising both public and private sectors on navigating complex geopolitical environments. She frequently provides insights on the power dynamics between major global actors and the transformation of the international system.

Michael Every, a global strategist at Rabobank, is a leading proponent of "economic statecraft," a concept he distinguishes from traditional economic policy. Every argues that nations are increasingly using economic tools—such as tariffs, sanctions, and control over supply chains—to achieve foreign policy and national security objectives, rather than purely economic targets. He views this as a return to historical practices where economic might was directly integrated with political and military power.

The "current great game" refers to the intensifying competition among global powers, characterized by shifting alliances, economic rivalries, and strategic maneuvering. Every's analysis suggests that the re-election of leaders like Donald Trump has accelerated this shift, compelling markets to adopt a "Grand Macro Strategy" that fuses geopolitical understanding with economic analysis. This paradigm recognizes that economic decisions are now deeply intertwined with national interests and security.

The convergence of Tchakarova's and Every's perspectives underscores a critical understanding: the traditional separation between economics and geopolitics is increasingly obsolete. Their shared assessment suggests that military and political actions are often driven by underlying economic imperatives, while economic policies are designed to achieve strategic geopolitical advantages. This integrated view is deemed essential for comprehending the volatility and complexity of current global affairs.