... 2021 will feature in the economic textbooks as one of the most peculiar in terms of the macroeconomic backdrop observed across the world
Given the prominence of base effects in 2021, the longer term question about the growth trajectory of the global economy is whether the crisis period was in fact used as an opportunity to revamp and adapt the economic system to the new realities of the Covid era, writes Valdai Club Programme Director
Yaroslav Lissovolik
.
The year 2021 will feature in the economic ...
... involved in overseeing the World Bank’s “Doing Business” report in 2017,
called
WilmerHale’s findings concerning the accusations of applying “undue pressure” by Ms. Georgieva on her staff being “beyond credulity.”
Devarajan, who currently ... ... inequality between the Global North and the Global South persists. This is happening due to power imbalances inscribed in the world economy and maintained by the developed countries, which claim to have the right and responsibility to set the rules of international ...
... Asian Region and the Influence of China, Russia, and the U.S.
The Conference is administered in cooperation with the Almaty Management University, Kazakhstan, The Russian International Affairs Council (RIAC), and Webster University in St. Louis, MO, USA. The event will provide an exclusive forum to discuss and explore contemporary thinking of leading academic and business practices related to the economic transformation of economic policies and practitioners in countries of the Central Asian region....
... 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 ...
