... commitment to a concept called “the American system of political economy”, which was defined by founder and first Secretary of the Treasury Alexander Hamilton. But these are not the policies that are dominant in neither the United States nor Western Europe now. Since the end of the Bretton Woods system when American President Richard Nixon removed the dollar from a fixed exchange rate, Western nations have had a floating, so-called dollar-based system, which is not focused in any way on the development ...
The present Russia-West conflict need not predetermine a difficult Russiaт-Western century. What are the scenarios? And what can be done?
Can Russia return to the European fold in the foreseeable future? I ask this not in the geographic sense, of course — for Russia has always been, and remains, on all the evidence — a predominantly European country. But what of a new communion, in terms of institutions and ...
... be a mutually beneficial project for both parties. This has been shown by a recent study of the Munich based Ifo-Institute. In particular, in such a case exports from Russia to the EU are projected to increase by 30%, and exports from the EU to the EAEU countries would increase by 60%, resulting in the growth of real incomes especially in the Eastern Europe at a level of 1.2 - 1.8%. At the same it is obvious, that the results will be different for each country - with wins in some economic sectors and losses in others. The interests of the parties coincide in some areas and do not in others. Brussels ...
... agriculture and retail trade would be among the sectors of the Moldovan economy that would benefit the must from such a scenario. [9]Legal frameworkNext we have to briefly sum up the legal framework for economic cooperation between Moldova and the EAEU.Thus, the Association Agreement between the European Union and the Republic of Moldova (2014) does not exclude the possibility of creating a free trade zone between Moldova and third parties. However, any such initiative must be approved by the European Union (article 157; nr. 2, nr. 3 of article ...
