... prove itself as a global power. It is precisely the crisis and the hegemonic aspirations of the West that allow the rest of the G20 members to look for and eventually find those bold and non-standard solutions that will lead to a new, more just and equal ... ... participants. The organisation worked exactly as long as its decisions brought benefits primarily to the developed countries like the USA and Europe. Similar stories can be told about almost any of the multilateral institutions, where the membership of the “older” ...
... against China, while the initiations in trade disputes and restrictions were led by the developed economies such as the US and the EU.
Large economies also tend to have significantly more allocations towards defence compared to small economies. Hard power tends ... ... organizations and networks. These platforms could be created on the basis of existing arrangements and economic blocs — in the case of G20 there could be a case for creating a regional R20 composed of the regional integration blocs where G20 countries are members....
... growth. This was most clearly observed in 2020, when Russia’s fiscal stimulus proved to be more moderate than in most of the G20 economies. This was replicated in 2021 as well, with further waves of the pandemic eliciting a relatively moderate fiscal ... ... which the green/environmental agenda was embraced across the world economy, most notably in all of the main global centres – Europe, the US and China. This was the case in Russia as well, with most of major companies adopting ESG strategies and the authorities ...
