... complete independence of the British Empire as its goal.
Dattesh Parulekar:
Indian Elections 2019: Towards New Economic and Political Goals
India has much to celebrate on the 70
th
anniversary on the Republic. In 2000 and 2017 alone, the country’s economy
grew
3.3 times, whilst its contribution to the gross world product in terms of purchasing power parity in 2017 (7.4 per cent) became the world’s third-largest after China and the United States’ respective indicators. Its
armed forces
are ...
... economic architecture. The advent of Globalization 4.0 and the Fourth industrial revolution are set to be accompanied by the emergence of Global governance 4.0 that incorporates the rising role of technology into the multilayered edifice of the global economy.
It is by now widely acknowledged that the old global economic architecture is due for an upgrade. The successive stages in the construction of global economic architecture were characterized by the progression of economic integration from ...
Crisis of the state system, Economic and financial disorder, the rise of non-state actors, climate change, migrations, decline of international institutions
1. Crisis of the state system.
In coming years, we are likely to see a continuous crisis of the traditional state system, particularly in such places as the MENA region, sub-Saharan Africa, South Asia and in parts of the former Soviet Union. Weak states might face a challenge of losing their sovereignty; they will not be in a position to provide...
... rate and increasing tax compliance, while on the spending side the main concerns were focused on the slow implementation of the financing of National projects. In the monetary sphere the key vulnerability as identified by Maxim Oreshkin, Russia’s Economy Minister, was the excessive rate of consumer loan growth. The latter however subsided towards the end of the year as the CBR introduced a series of policy measures designed to keep a lid on consumer credit growth going forward.
The external backdrop ...
Russia’s Energy Strategy to 2035 (ES-2035) enters, finally, the home stretch. The Ministry of Energy submitted its version of the document to the Russian Government in early October 2019. Once approved (this is expected before year’s end), ES-2035 will become the best available indication of Russian energy policymakers’ plans. It therefore merits careful consideration. This paper reviews the key goals, scenarios and indicative ranges for output and consumption contained in ES-2035. It thus contributes...
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 ...
... the easing of foreign exchange controls. When President Xi Jinping announced the Belt and Road initiative (BRI) in 2013, it was believed to be an updated version of the “Going Global Strategy”, with a clear aim of better integrating the Chinese economy with the economies of its neighbouring countries in Central Asia, Southeast Asia, and South Asia as well as those of Eastern Europe and the Baltics through infrastructure and production capacity cooperation. Through 2018, more than 86 sovereign ...
On November 9th was the 30th anniversary of the fall of the Berlin Wall. Time to reflect on the development of the last 30 years and why we are on the verge of a new Cold War today. Perhaps Gorbachev made the mistake of not securing his own design for a New Europe at the time. The United States and the United Kingdom got Germany´s NATO membership, France the euro, Gorbachev $ 13 billion for the withdrawal of troops and $ 1.5 billion food aid as the supply situation of the Soviet Union worsened and...
... 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 ...
