Sergei Afontsev is Head of the Economic Theory Department at the Institute of World Economy and International Relations (IMEMO), Russian Academy of Sciences; Co-Director of the Research and Education Center on World Economy, IMEMO and Moscow State University; professor at the Moscow State Institute of International Relations. He holds a Doctorate in Economics.
The Transatlantic Trade and Investment Partnership is by far the most ambitious project in the field of contractual formats of regional economic cooperation, combining traditional measures to liberalize mutual trade with regulatory rules of economic activity on the territories of member states. If successful, this project will influence on the development of both the world economy and its regulatory mechanisms.
The best strategy towards the TTP would be monitoring and assessing the applicability of its experience to integration projects involving Russia. After all, Russia was not ready to sign it anyway. Neither was China.
The possibilities of club monetary interaction mechanisms are very modest as they do not replace but supplement global mechanisms. Nevertheless, they deserve attention and support. Equally important is the fact that such mechanisms may have side effects, namely, general shifts in the structure of global economic governance.
At a roundtable event in Moscow, top experts debated the “hypocritical” and “insincere” foreign policies of both Russia and the West in the post-Cold War era.
Vladimir Putin has mentioned several times that the collapse of the Soviet Union was a geopolitical mistake. Although these words were often interpreted as his desire to constitute that country, there is little reason to believe this.
The world economy enters a new phase of prolonged recession without any breakthrough in sight. International community seems no longer capable of creating new global initiatives
The article reveals causes of the social protest and the emergence of qualitatively new components in relationship between the elite and society.
In the wake of the For Fair Elections protest movement in Russia in 2011-2012, the Kremlin initiated a new strategy of state-society relations that was aimed at diminishing the propensity for protest in the next election cycle.
Belarus’ traditional structural dependence on Russia is increasing, and Minsk’s freedom of maneuver continues to shrink.