... analyzes the state of affairs in major Russian-Indian spheres of practical cooperation to identify successful cases of engagement to build upon as well as its limitations. The authors conclude with a set of recommendations for practitioners to bolster trade, energy and STI cooperation between Moscow and New Delhi.
Russia — India Relations in Broader Geopolitical Context
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... and respect for the country throughout the world: family incomes are growing, unemployment and crime are decreasing, and the economy is developing dynamically. In short, the main achievement of his presidency, as he formulated, is that the narrative of ... ... achievements are his policy of de-regulation and tax cuts. External ones include his abrasive offensive mercantilist, and egoistic trade policy, and increased protectionism. Among his main achievements here, he named the replacement of NAFTA with the new USMCA ...
... discussed with respect to the possible explanations behind the deterioration in the global economy’s growth figures.
The broader problem for the global governance system whose structure largely still reflects the fundamentals of mid-20
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century world economy is the emergence of new players that are either global or mega-regional in scale. The advent of mega-regional blocks (TPP-11, possible deal on RCEP, Africa’s continental free trade area) in the past several years will undoubtedly raise the pressure to change the current system towards a greater role for regional institutions. Another challenge is the rising dominance of transnational corporations in the services and high-tech ...
... ongoing trade dispute between the two largest economies is dashing hopes of speedy improvement in US-China relations. The uncertainty afflicting the markets is further exacerbated by the contradictions between the Trump camp and the Fed, with increasing trade tensions forcing the Fed to accommodate the negative effects on the US economy through monetary policy easing. The problem is that the Fed may not be ready to fully compensate the effects of escalations in trade tensions and with good reason.
August is never an easy month for Russia’s markets, but this time surges in volatility ...
... momentum for using the reserves in fiscal and monetary policy as well as in structural policy measures to liberalize the external trade regime. In some respects Russia’s economic position appears to be in a “counter-phase mode” to the global trends that ... ... while at the same time allowing for the significant reserves to be deployed in counter-cyclical fashion as the rest of the world economy is facing a deceleration in growth and scarcity in the arsenal of policy instruments to support economic activity.
Source: ...
... protect their interests are rarely supported by any substantive achievements. The cost of following in the wake of American policy is very serious, though.
On the other hand, the United States risks “overstraining” and plunging the entire global economy into recession due to the escalation of the trade conflict with China, which seriously affects the world GDP’s growth rates and market stability. With the further strengthening of the Sino-American trade war, in China alone, 5.5 million jobs will be threatened.
What makes the situation even more ...
... concerning the development of strategic partnership and constructive cooperation between Russia and China carried out by the Russian International Affairs Council (RIAC).
The authors present the results of a comprehensive review of Russian–Chinese trade, economic, financial and cross-border relations, analyse the impact of strengthening bilateral cooperation between the Russian Federation and the People’s Republic of China on the prospects of a “partnership for modernization”, and offer some ...