... the “one country, two systems” concept according to which Hong Kong was supposed to preserve its own systems of power and economy that would be different from those of China. In 1992, the United State adopted the Hong Kong Policy Act [
27
]. In part,... ... 907 of March 24, 2020, denounced the PRC for censoring reports about the virus during the early stages of its spread, its refusal to cooperate with scientists from the Centre for Disease Control to assist its response to
COVID-19
for over a month after ...
... emerging, the Quad was reactivated as the Quad 2.0.
Since 2017, the frequency of Quad activities has increased, with one or two ministerial dialogues held almost every year. It has broadened its agenda to include issues relating to security, democracy, economy, international order, cyber and infrastructure and so on. In March 2021, it has been upgraded from the ministerial level to the level of heads of state, which is a sign that Biden, far from abandoning Trump’s diplomatic legacy, intends to make ...
... Presidents Vladimir Putin and Joe Biden, the importance of the "Chinese factor" for interaction between Russia and the United States, the future of the U.S. policy of anti-Russian sanctions, the prospects for structural changes in the Russian economy, and other issues that in one way or another affect the work of foreign companies in Russia.
Although sanctions have affected the Russian economy, it continues to grow and become resilient towards increased trade barriers
Since 2014, Russian and American diplomacy has been defined by economic sanctions. This has become the default, expected option for U.S. policymakers—but Russia has ...
The current economic and political landscape appears to offer a wide range of possible adversities of varying degree of probability
As the world economy comes to its senses after a gruesome year of the Covid pandemic, global markets are eagerly exploring the prospects for the new year in search of drivers of a strong global recovery. Indeed, while it may be still too early to call an end to the ...
... Maynard Keynes’s optimism and legacy give us reason for hope, not only regarding the possibility to overcome the crisis and increase consumer welfare, but also regarding the possible transformation of the “moral code” of the development of the world economy.
In the context of the unprecedented crisis of the current year, which is commonly being compared to the Great Depression, one often hears apocalyptic predictions about an imminent crisis in consumption and living standards. In this regard, in ...
RCEP will deliver a strong impulse to greater liberalization in the world economy in the coming years
RCEP will deliver a strong impulse to greater liberalization in the world economy in the coming years, with US and China increasingly likely to compete in advancing their models of mega-regional integration projects. Globalization ...
... receding into the background. Meanwhile, sanctions against business are directly related to the target countries because the refusal by business to work with countries that are under sanctions can cause them significant damage, and thus lead to a change ... ...
This gap is partially filled by literature from related fields, such as jurisprudence, management, economics, and political economy. Many of them highlight the impact that sanctions have had on the financial sector. Sergey Glandin conducted an interesting ...
... aid to Damascus
The ninth year of internal armed conflict has brought new challenges to Syria. According to
data from the United Nations Economic and Social Commission for Western Asia
published on September 23, 2020, the damage done to the Syrian economy by the end of 2019 exceeded USD 442 bn. Still, under sanctions and with no international consensus on how to finance recovery, the country has not only failed to overcome the acute economic crisis but has also been hit by the negative consequences ...
... power” (
Awlad alsulta
), falling out of favour. Last year, he was rumoured to have been placed under house arrest for his refusal to donate the bulk of his 5-billion-dollar fortune to advance the Syrian President’s personal efforts to involve the private ... ... objectively increasing. For instance, the
Agreement between the Council of Ministers of the Republic of Crimea and the Ministry of Economy and Foreign Trade of the Syrian Arab Republic on Trade and Economic Cooperation as part of plans to create a joint trading ...
