... Caspian and increasing the transmission capacity of the Black Sea cable line to at least 16 terabit/s. This Azerbaijani initiative strategically connects Central Asia with Europe and opens further routes to the global internet system.
The projects of the European Union serve to boost the digital economy of Central Asia and diversify the connection of the region to global internet systems. According to World Bank studies, “a 10% increase in broadband penetration adds around 1% to economic growth in Central Asia, while a 1% increase in internet ...
... most importantly, it undermines its own credibility by creating new crises and hindering genuine decolonization of the world economy.
A situation when a few countries feel entitled to dictate their will to others, threatening to cut off access to global ... ... out of the debt trap they were forced into over decades) is at the “mercy” of the central banks of the United States and Europe.
As for the existing constraints for the use of the national currencies, I am convinced that if there is a will, there ...
... of the share of labour in the coming years – a trend that may have significant implications for the evolution of the global economy. The economic effects are likely to be also complemented by political shifts favouring left-wing parties, with some of ... ... vowed to create a taskforce to boost union membership and staked a claim to being
America’s most pro-union president
. In the EU, discussions have been undertaken on the possibility of adopting a minimum threshold for
collective contract coverage
.
There ...
... 10% of GDP, thus effectively increasing the scope for further accumulation of reserves rather than spending them to boost growth.
The year 2021 was also emblematic for the degree to 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 committing to achieving net zero emissions target by 2060. The importance of the green agenda for Russia was emphasised ...
... account. This means the basis is being laid for more sound and fairer relations in the future.
Russia is making a turn in the economy and to a certain extent in politics towards booming Asia through the development of Siberia and the Far East, although ... ... and profound strategic partnership with China have been established. The agreement to pair the Silk Road Economic Belt and the Eurasian Economic Union has proved helpful in avoiding rivalry in Central Asia. Vast potential has been built up for deepening ...
