... between China and Europe lay the foundations for a long-term cooperation within China’s Belt and Road Initiative. Cooperation in using transport routes via the Arctic Ocean shows promise as well.
As the number of European economic entities in Russia’s economy shrinks [
2
], during the 2020 pandemic in particular, EU companies have continued to invest directly in Russia. The number of Russian investors in EU states is also gradually rising. Unfortunately, there is no reliable data broken down by their ...
The ills of the world economy and the frequency of crises may in part emanate from a loss of the sense of direction
The ills of the world economy and the frequency of crises may in part emanate from a loss of the sense of direction. With economic policy rules increasingly ...
Although sanctions have affected the Russian economy, it continues to grow and become resilient towards increased trade barriers
Since 2014, Russian and American diplomacy has been defined by economic sanctions. This has become the default, expected option for U.S. policymakers—but Russia has ...
The propagation of digital economic accords may deliver a crucial contribution to bolstering the dynamism of the global economy in the face of a massive economic downturn
During the crisis year of 2020 a new trend has set in the formation of international economic alliances that was to a significant degree expedited by the unprecedented challenges posed by the pandemic....
... de-risk Intra-BRICS trade and overcome the identified barriers are outlined.
Background to Challenge
Andrey Kortunov:
Russia Moves East, India West, Straining Ties
The 2017 BRICS New Development Bank’s strategy report
The Role Of BRICS In The World Economy & International Development
detailed a long-term vision of the direction BRICS countries’ economic cooperation was headed in. The strategy report made the case that reforms in the existing western institutions would not be in BRICS countries' ...
... explosion of a Russian plane in the skies over the Sinai Peninsula in October 2015 forced Russia, the UK and some other countries to limit air traffic with Egypt. The coronavirus pandemic also negatively affected the development of the tourism sector of the economy.
Over the past ten years, the
population
of Egypt has increased from 82 to 100 million. However, the economic potential of the state is not growing at the same rapid pace, and the possibilities for the development of agriculture remain limited....
The current economic and political landscape appears to offer a wide range of possible adversities of varying degree of probability
As the world economy comes to its senses after a gruesome year of the Covid pandemic, global markets are eagerly exploring the prospects for the new year in search of drivers of a strong global recovery. Indeed, while it may be still too early to call an end to the ...
... concomitant growth in oil prices
The year of the pandemic proved to be an unprecedented test for the global economic system, with the decline in global GDP significantly exceeding the declines witnessed during the 2008 financial crisis. Russia’s economy during the past crisis episodes typically exhibited greater declines in economic activity on the back of the added effects of capital outflows as well as lower oil prices. During this crisis year however, Russia’s GDP decline was broadly in ...
... this respect. Despite the high disease level in Latin America, Uruguay has demonstrated strong sustainability in healthcare and in the economic system as a whole in the face of an unprecedented crisis. It has performed well largely due to a sustainable economy and its orientation towards the development of human capital.
It is possible to reduce poverty and inequality, develop human resources and speed up economic growth even in unfavourable regional and global conditions. This can be seen in Uruguay ...
... forceful drivers that would be supportive for the markets, writes Valdai Club Programme Director Yaroslav Lissovolik.
On the global scene, the support for the markets has been undermined by waning anti-crisis stimuli from the main centres of the world economy. In the case of the US the current political scene is making it increasingly difficult for the Democrats and Republicans to agree on a new stimulus package. In the case of China, the rate of recovery throughout the past months as well as the successful ...
