Geopolitical risks are increasingly high,which have certain impact and effect on global trade and investment,constitute the thrust of global economic recovery,the evolution of political pattern and the reconstruction of geopolitical relations,and become a front-line issue in the fields of international politics,international relations and international economy at home and abroad.This paper analyzes the economic effects of geopolitical risks in recent years,including the technological innovation effect,the open economic effect and the macroeconomic effect of geopolitical risks,and tries to provide some useful inspiration for the research and formulation of relevant policies in terms of research context,research content,main viewpoints and prospects.