... while sustaining the dynamism and productivity growth that comes with economic integration.” But is friend-shoring truly a new paradigm in how economic alliances are forged and what kind of implications will it have for the future course of the global economy?
Andrey Kortunov:
A New Western Cohesion and World Order
Arguably, friend-shoring is nothing new. Indeed, the Cold War period was precisely the pattern that reflected the division of the world economy on the basis of values/geopolitics rather ...
Report #83 / 2022
Report #83 / 2022
World order structural transformations are going hand-in-hand with new global power shifts where the United States and China will be vying for dominance. However mutually beneficial the Sino-American relations have been since the 1970s, recent years have borne witnessed to soaring uncertainty and confrontation between the U.S. and China. This report provides a comprehensive analysis of the current U.S. foreign policy strategy towards China, focusing on the most...
Russia’s Foreign Policy Aspirations on the Eve of the Summit
On January 23, 2022, Maria Zakharova, spokeswoman of the Russian Foreign Ministry, announced Foreign Minister Sergey Lavrov was embarking on a new tour of Africa. During the week, the high-ranking Russian delegation paid a visit to several countries on the continent: South Africa being the traditional “mainstay” of Russia’s foreign policy in Africa, the continent’s smallest kingdom of Eswatini, the Russia-friendly Portuguese-speaking...
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USD 2,500, a number that surpasses those of the neighboring India and Pakistan. Dhaka is keen on fostering relations with Beijing, New Delhi and Washington concurrently. However, amidst the ongoing tectonic shifts in the global political system and economy, excessive diversification of relations is likely to harm their efficiency.
Ports open for all
Zhao Huasheng:
China-Russian Strategic Partnership: From Continental to Marine
The internal political crises in Pakistan and Myanmar have somewhat halted ...
... Scenarios / Compilers and editors in charge: Grayvoronovsky V.V. Kuzmin Y.V., Sukhodolov A.P. – Irkutsk. Razvitie Publishing House, 2021, 466 pages
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. Bezrukov L.A., Fartyshev A.N.
Mongolian Foreign Trade Specificity: Risks for Russia
// Global Economy and International Relations. 2022. No. 3, p. 101-109. DOI: 10.20542/0131–2227–2022–66–3–101–109
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. Larin V.L. New architecture of Pacific Asia in the 21st century: opportunities and challenges for Mongolia and Pacific Asia. The Mongolian ...
... transformational effect on the international financial system
The new BRICS reserve currency can act in concert with the stronger role performed by BRICS national currencies to take on a greater share of the total pie of currency transactions in the world economy, writes Valdai Club Programme Director Yaroslav Lissovolik.
The issue of the creation of a BRICS reserve currency has taken on particular significance in recent months after President Putin declared that the creation of such a currency was in ...
On November 7, 2022 the Russian International Affairs Council (RIAC), the Primakov Institute of World Economy and International Relations of the Russian Academy of Sciences (IMEMO RAS) and World Economy and International Relations Journal held a workshop titled "Economic Aspect of Eurasian Integration: Obstacles and Ways of Overcoming them"
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... trade and investment for the entire Asia-Pacific; increasing the connectivity of countries and economies in all areas; as well as contributing to a balance in various aspects so as to accomplish the common goals of sustainable development. Low-carbon economy will be in the spotlight during the event, much as the free and equitable implementation of innovations and an enhancement of intra-regional ties. One of the key ideas is granting greater autonomy to economic actors in the face of complications ...
... established, all its member states understood that it would be much easier for them to integrate into the dominant model of globalisation. Second, after the inability of the United States to fulfil the tasks of distributing benefits within the entire world economy became obvious, many countries opted for moderate regionalism — the creation of small integration associations that allowed them to solve some of the problems of their development “closer to the ground”. And, third, Russia’s neighbours,...
The post-conflict task will be to create an entirely new economy rather than return to the old economic structure of the beginning of the century
Reflecting on Ukraine’s future beyond the current conflict, many politicians and experts speculate about the expediency of a new Marshall Plan for the country....
