... the U.S., with New Delhi often preferring to seek arrangements with the EU rather than the U.S. Many Indian authors note that the current U.S. strategy regarding India entails no significant programmes for the U.S. to assist in modernizing India’s economy. During Donald Trump’s presidency, U.S.–India relations were supposed to serve narrowly defined U.S. business interests rather than strategic goals of Indian modernization, and this approach has not changed in any radical way under Joe Biden....
... 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...
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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 ...
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....
The transformation of capitalism towards a more labour-oriented mode is underway
I am worried about our tendency to overinvest in things and underinvest in people.
– J. Galbraith
In the past several decades the world economy experienced a sizeable rise in the share of profits/capital in national income compared to the share of wages/labour. These trends were driven by a lower role played by trade unions, by rising market concentration as well as
trends in IT and ...
RIAC, Institute of Far Eastern Studies of the Russian Academy of Sciences and Institute of International Studies at Fudan University Report #78 / 2022
RIAC, Institute of Far Eastern Studies of the Russian Academy of Sciences and Institute of International Studies at Fudan University Report #78 / 2022
The eighth annual report by the Russian International Affairs Council, the Institute of Far Eastern Studies of the Russian Academy of Sciences and the Institute of International Studies at Fudan...
... appear in a wide range of areas. Politically, it is visible in the polarization of the international community, which is increasingly moving towards opposing camps; economically, by global fragmentation, sanctions, and regionalization of the global economy; security-wise, by the highly dangerous slide from a “cold” to a “hot” war; in international relations, by re-ideologization. As for global governance, matters have become even more complicated; now, it is even difficult to gather everyone ...
... “a long game”, achieving the goals set in circuitous ways. Recent history knows a number of such instances.
Record no-shows
Andrey Kortunov:
Slim Chance for US to be Successful in Summit of Americas
The Forum’s main sensation was the pointed refusal of the leaders of five states (Mexico, Bolivia, Honduras, Guatemala, El Salvador) to attend the event in person. Some did not attend due to objective circumstances, but everyone who declined the invitation to appear at the summit had their own reasons,...
The decline of the Russian economy is not beneficial to China
The large-scale sanctions that have been slapped on Russia by the “collective West” naturally raised the question of its deepening and expanding economic relations with China. According to a number of parameters,...