The current relatively tranquil and favorable state of the global economy will most likely worsen considerably in the next 18 months to two years
As a country that has experienced a number of harsh economic shocks throughout its history, Russia constantly lives in anticipation of a new crisis. Recently, however, economists ...
The 5th annual report by RIAC, RAS Institute of Far Eastern Studies and the Institute of International Studies at Fudan University
The 5th annual report by RIAC, RAS Institute of Far Eastern Studies and the Institute of International Studies at Fudan University presents the сommon views of leading Russian and Chinese international affairs experts on the development of Russia–China cooperation in 2018 and the first quarter of 2019.
The authors analyze the dynamics of Russia–China interaction on...
... 2019-2024 – whose implementation is set to be accompanied by a significant increase in fiscal spending in key priority areas such as infrastructure and human capital development. The theme of greater fiscal loosening in recent weeks was accentuated by Economy Minister Maxim Oreshkin who noted the need to prioritize economic growth and called for allowing regional budgets to exhibit higher deficits in order to allow for measures to expand investment.
Throughout this year there appear to be increasing ...
As the world economy shows mounting signs of deceleration and recessionary fears intensify across global markets, the world community is likely to focus increasingly on how to undertake an effective anti-crisis response. Back in 2008-2009 one of the key factors in ...
... these numbers are in itself promising, their magnitude nevertheless cloaks and belies some limitations in qualitatively and quantitatively augmenting what may be described as moderate trade volumes, for a relationship that binds the third largest global economy in purchasing power parity, with a five trillion dollars economic milieu. For starters, the tenor of commercial interchange is narrowly defined, delineated in terms of designated countries and specific product-lines, across them, as close to four-fifths ...
Experts agree that a new “battle for Africa” is currently unfolding. What Russia needs, however, is not a fight, but rather fruitful cooperation with all interested parties
Russia is back to Africa. This is a fait accompli, a new and significant trend of Russia’s foreign policy over the past 20 years. Russia has much to offer this dynamically developing continent, primarily in the form of political cooperation and diplomatic ties, as well as supporting Africa’s positions at multilateral forums...
... speedy improvement in US-China relations. The uncertainty afflicting the markets is further exacerbated by the contradictions between the Trump camp and the Fed, with increasing trade tensions forcing the Fed to accommodate the negative effects on the US economy through monetary policy easing. The problem is that the Fed may not be ready to fully compensate the effects of escalations in trade tensions and with good reason.
August is never an easy month for Russia’s markets, but this time surges in volatility ...
... the agenda put forth by Brazil during its year of presidency in the BRICS might not seem too ambitious, there do appear to be important priorities accorded by the Brazilian side to issues of economic cooperation in the sphere of innovation and digital economy development. With important innovations of the past several years such as the BRICS+ and outreach exercises unlikely to be actively pursued this year, Brazil will likely seek to show more results in the economic and security areas to mark its ...
... side. The task for the Russian government going forward will be to maintain the framework of these economic policy rules while at the same time allowing for the significant reserves to be deployed in counter-cyclical fashion as the rest of the world economy is facing a deceleration in growth and scarcity in the arsenal of policy instruments to support economic activity.
Source:
Valdai Discussion Club
... Volunteer Corps.
On June 30 – July 2, 2019, St. Petersburg hosted a regular annual symposium of the Financial Services Volunteer Corps.
Ivan Timofeev, RIAC Program Director, attended the symposium. The discussion focused on the issues of global economy, political relations between the great powers, and global socio-economic trends.