... far-fetched. However, for Merz, it is the only opportunity to quickly address one of the most important problems crippling the German economy. German voters, tired of the tensions within the traffic light coalition, expect swift and effective solutions from the ... ... confrontational aspects in Russian–German relations.
Among them, the overall dynamics of relations between Russia and the West carry the most weight. Germany will not single-handedly initiate the normalization of bilateral ties, nor can it confront ...
... fundamental interests of developing nations, which have long been underrepresented in global and regional governance. So far, the role of global labs designing rules of the game for the international system has been almost monopolized by a small group of West-led institutions and forums. This monopoly has unavoidably led to serious discrepancies within the system, raising concerns about fairness and justice, not to mention the system's efficiency.
This is not to say that the International Bank for Reconstruction ...
... addition, Western banks, insurance companies, hedge funds and other financial institutions can no longer make either direct or portfolio investments into the key sectors of Russia’s economy. Financial sanctions have a significant impact on the Russian economy since the West in general and the European Union in particular used to be the main source of FDIs in Russia. At the same time, all the financial sanctions imposed on Moscow over the last two years and a half have forced the Kremlin to gradually build its financial ...
... empathy and a carefully calibrated balance of interests
When the current dynamics of Russia-China relations is discussed, the conversation often boils down to the concept of a "senior-junior partnership." A popular view—especially in the West—is that with more cooperation between the two nations, Russia is gradually, but inevitably, turning into a junior partner to China. When it comes to all the privileges, rights and responsibilities within the partnership, the junior partner has ...
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?
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....
... 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
2020
: 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 ...
