Russia’s Path to the ‘World Majority’
Long before relations between Russia and the West spiralled into a comprehensive political crisis, officials and experts here were enthusiastically voicing ideas about developing ties with the rest of the world. At the administrative level, such a course began to take shape as early as the 1990s,...
... 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?
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 than strictly economic considerations....
... economic and military confrontation by relying on various interest groups inside the US, primarily, in the sectors of the US economy that depend on partnership with the PRC. During the Trump presidency, this policy was not particularly successful due ... ... allow China to influence some steps of the administration on bilateral economic ties.
In its policy towards other industrialised Western countries, Beijing is trying to prevent the United States from forming a united front to isolate the PRC both technologically ...
... Revolution of 1821. Katerina Sakellaropoulou, President, Hellenic Republic, and Kyriakos Mitsotakis, Prime Minister, Hellenic Republic, addressed the participants.
The event focused on the following topics: geopolitics and international security, global economy, the future of Europe, climate change and sustainable development, social change and the future of the state, new technologies, as well as structural reforms and the transition to sustainable development in Greece. Andrey Kortunov, RIAC Director ...
... the crisis has brought about neither compromise nor the collapse of Ukrainian statehood, and relations between Russia and the West are developing more along the lines of a conflict than anything else. It is against the backdrop of this state of affairs ... ... Kortunov:
Russia–EU Relations in 2020: Opportunities, Limitations and Possible Trends
: Russia’s involvement in the global economy remains lower than before the crisis began. Preliminary results for 2019 suggest that foreign trade averaged $665 billion ...
... of the construction of global governance has never been predicated on considerations of economic efficiency, inclusivity or equitable globalism, but was at the outset based on Realpolitik considerations and was performed in a largely unilateral (i.e. Western-led) setting. A new global governance construct needs to change the balance between national self-interest and international cooperation in the world economy. It also needs to look at the economic efficiency consideration of how the global governance structure is to be formed with due account paid to issues such as externalities and spillover effects across countries and regions.
At the level regional ...
... RIAC Member
Putin has dominated Russia since 1999. He now faces many problems, including how to transfer power, if at all. The West should prepare for change – or for no change.
Vladimir Putin has dominated the Russian political scene since 1999. But ... ... and other problems that #Russia now faces, and what will he do when his term of office ends?
The performance of the Russian economy in recent years has been mixed. Inflation has fallen, foreign reserves have risen and the ruble’s exchange rate is relatively ...
... president, Vladimir Putin very much shared this vision: He was very keen to consider a Europe from Lisbon to Vladivostok. But the West was not welcoming. It wasn’t ready. I’m not saying that the European Union shouldn’t have expanded into Eastern Europe,... ... as a Marxist (or liberal Marxist, better to say) should be.
Putin and his advisers have ambitious goals for Russia’s economy. Yet he has demonstrated time and again a lack of regard for property rights and personal freedoms. Can he achieve the ...
... reduction of its share in the global economy. Even the political and psychological effect of such an achievement would be a boon: Russia would finally see a perspective that has been beyond the horizon for the past decade. It would also give those in the West who consider the anti-Russian sanctions to be senseless and even harmful new and convincing arguments.
To paraphrase Russian philosopher Konstantin Leontiev, creating an economy of “blossoming complexity” would provide Russia’s foreign policy with new opportunities in relations with its closest neighbours, who are for the most part unwilling to accept the Russian economic model as something to be imitated. It is ...
... the OSCE Network of Think Tanks and Academic Institutions (
), the Primakov National Research Institute of World Economy and
International Relations (
) and the Friedrich Ebert Foundation (
) held a seminar ... ... draft report prepared by the OSCE Network and addressed the following issues: the future of the European order; Russian and Western interests in the military-political and economic spheres; challenges and threats to security, as well as tools to ensure ...