... 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 than strictly economic considerations....
... 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... ... system, these sanctions could spell enormous losses. In response to the protests and the West’s overt support, Beijing toughened national legislation on Hong Kong. In turn... ... 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...
... 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 ...
... International Affairs Council (RIAC), thinks that greater cooperation between Russia and Western powers is possible in Syria and that the Russian people, like its counterparts... ... targeting Islamic State (ISIS). The popular perception however, in Europe as well as in the USA, looked more positive. Does it mean there’s room for greater future cooperation... ... countries and Russia?
A.K.:
The sanctions did have a serious negative impact on the Russian economy. However, they failed to change the Russian position in Ukraine or to erode...
