Report No. 41/2019
This report is the result of a collaborative study performed by the RIAC and the Center for Strategic Research (SAM) of the Ministry of Foreign Affairs of the Republic of Turkey. SAM publishes academic journal “Perceptions: Journal of International Affairs” (Turkey), an English language journal on foreign affairs. The materials included in this report were initially published in a special issue of
PERCEPTIONS
. The paper presents the views of Russian and Turkish experts in the...
... putting the 2019 growth estimate at the lowest level since the 2008-2009 financial crisis
This year’s Annual meetings of the IMF and the World Bank in Washington DC revealed a growing preoccupation with the mounting signs of a slowdown in the world economy. The IMF’s diagnosis was that of a “synchronized slowdown” across the globe with the Fund revising its growth projection for global economic growth downwards and putting the 2019 growth estimate at the lowest level since the 2008-2009 financial ...
... largely been taken for granted, partly due to the rising role of developed economies and the mounting impulses of economic openness promoted by international institutions. Throughout the past decade, however, the current system of governance in the world economy started to encounter systemic bottlenecks and limitations as exemplified by rising inequality as well as declining economic growth rates. These developments call into question the seamlessness and finality of the current construct of global economic ...
... strategic partnership. The annual summits that has been taking place since 2000 have helped in making an overall assessment on the wide-ranging aspects of political and strategic cooperation, military and security cooperation, cooperation in the spheres of economy, energy, industry, science and technology, etc.[
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] The 19th summit was held in New Delhi on October 2018 where the two leaders, Indian Prime Minister (PM) Narendra Modi and Russian President Vladimir Putin took stock of the bilateral relationship ...
... still retain significant conflict potential. The arms control architecture is deliberately undermined – the US unilateral withdrawal from the Intermediate-Range Nuclear Forces Treaty was a rather dangerous step. Structural imbalances in the world economy are yet to be overcome. A serious threat to global economic growth is posed by such unfair competition practices as unilateral economic sanctions, trade wars and flagrant abuse of the US dollar status as the world reserve currency. The international ...
In the past several weeks ahead of the BRICS summit in Brazil a number of initiatives were unveiled by representatives of the BRICS economies. One of the more significant discussions centered on the expansion in the membership of the New Development Bank (NDB). According to the Deputy Finance Minister of Russia Sergey Storchak BRICS countries may give the green light to the expansion in the Bank’s membership at the BRICS summit in Brazil this year. In effect, the expansion in the membership of the...
Ambassador Vladimir Chizhov's remarks at the 12th Eurasian Economic Forum
Recently the number of conferences, round tables and publications on existential matters in Brussels notably increased. Actually, the questions Europeans are asking themselves are quite topical: “How would the EU be able to become a full-fledged global player in the rapidly changing multipolar world?”, “How to react to rapid development of the Asia-Pacific region?” and “What should you do if your major transatlantic partner...
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 ...
