Articles on topic global economy
  • 29 december 2011

    The Remaking of the Industrial World

    Illusory hopes that new technological possibilities will help create unlimited wealth have never come true. No invention can ensure a life of ease for decades. Of course, the world has changed – but, as the developments of recent years have shown, not to an extent that the established economic patterns should be discarded as worthless. The 21st-century world is a renewed yet still industrial world.

  • 29 december 2011

    From the Cold War to Hot Finances


    Bush remembers the tragedy of Charles V of Habsburg and Philip II of Spain who strove to keep one world under one sensible hegemony and, despite defeating major adversaries, failed over the stubborn resistance of rebels and heretics then in Holland and yesterday in Iraq – debt and imperial overstretching as predicted by Paul Kennedy.

  • 29 december 2011

    Hard Power and the Re-Industrialization of Russia

    Since the time of Kievan Rus, Russia has been a key element of the world order through a multitude of circumstances. Therefore, in strengthening Russia we will strengthen the entire world order and render it more durable. In the overall scheme of things, this step will meet the real strategic interests of all responsible members of the international community, including the EU, the U.S., China and India.

  • 24 september 2011

    Eurasia’s Pipeline Tangle

    Russia’s “gas wars” with Ukraine and Belarus and pointed objections to Europe’s “third energy package,” as well as heated competition to develop rival and commercially dubious “southern” energy transit routes, have re-ignited concerns about pipeline politics across Eurasia.

  • 24 september 2011

    The Last Peaceful Days?

    The economic and political crisis of 2008-2010 has had an unexpected impact by calling into question the success of the third wave of democratization in Europe.

  • 24 september 2011

    Time for Financial Repression


    The Russian authorities have succeeded in easing the consequences of the economic and financial crisis of 2008-2009 for the population. At the same time, the crisis has exposed structural weaknesses of the Russian economy. The stabilization of economic growth and revenue in the first decade of the 21st cen- tury did not lay the groundwork for long-term development.

  • 24 september 2011

    A Disintegrating World

    The summer of 2011 gave no break to global politics.

  • 18 september 2011

    The EU needs a political goal to survive

    The Lisbon Treaty, which marked a new level of integration in the European Union, entered into force less than two years ago.

  • 2 september 2011

    Why is China silent?


    If Beijing decides to disengage from the global economy in deed, not in word as it did after the 2008-2009 crisis, this will result in a fundamental change in the world order.

  • 22 june 2011

    Russia’s Accession to the WTO: External Implications


    Many Russians today, as they try to assess the role and place of their country in the international community, often proceed not from the global realities of the 21st century, but rather from nostalgia for that “once-mighty power, the Soviet Union,” a country “everyone feared and respected.”

  • 22 june 2011

    When the Dust Settles

    The fallout from the turbulent events of the winter and spring of 2011 is gradually subsiding.

  • 27 march 2011

    Towards a Unified Innovative Market

    A unified Euro-Russian innovation market is capable of ensuring a multiplication effect for any individual investor. Instead of an integrated European energy grid, which has been suggested by the European Union as an artificial incentive for competition, it would be better to create an integrated Euro-Russian innovation network.

  • 27 march 2011

    Currency Wars

    The tools available to the world community to try to resolve the currency dispute between the United States and China are very limited. Under a favorable scenario the conflict will remain latent, and under the worst-case scenario it will result in the overall growth of protectionism. Much will depend on how well Western countries can reduce the level of public debt. At the second turn of the debt crisis it will go geopolitical.

  • 27 march 2011

    The “Third Cycle”: Is Russia Heading Back to the Future?

    The deterioration of economic behavior will impact not only the population but also (and primarily) the elite, who today are connected with the rules of the “imposed consensus.” This means that the diffusion of the current political system could take place against the background of economic changes that, at first glance, do not look like a crisis.

  • 8 january 2011

    Political responses to economic challenges in the next decade

    The world is preparing for the worst in the next decade, and indeed the next few years promise to be rocky.

  • 25 december 2010

    What Is Political Ecology?

    Political ecology is an extremely interesting and promising area of research – both theoretical and applied. However, further probes are required, that would make it possible to move on from the accumulation of empirical data to the required level of theorizing, and also to devise a comprehensive strategy for the state to follow in practice. Delays in this field would keep Russia in a second-rate position in the world for decades to come.

  • 25 december 2010

    Going East: Russia’s Asia-Pacific Strategy

    The 21st-century imperatives offer a new view of Russia as a Euro-Pacific country, not merely European or Eurasian. This implies Moscow has to come up with strategic initiatives on the continental scale, using the benefits of the European integration experience. These should be economic initiatives in the first place.

  • 25 december 2010

    The Russian Federation Before and After the Soviet Union


    The backbone of the Soviet economy was built during the period of industrialization before 1940, and in the post-war period from 1945-1960.Then the system failed after reaching its peak of growth in the 1970s. The decline dragged on until 1998. Russians paid a high price in the 1940s and the 1950s for building the foundation of a national industry, and civil freedoms in the 1990s. It is only now that the new Russia has a truly excellent opportunity to develop into a strong and prosperous country.

  • 15 october 2010

    Daily Bread and Water

    Russia should naturally specialize in the economic sectors that require big quantities of land and water. And if the production in these sectors is propped up by a dynamically growing global demand, they have every right to claim the priority status in the national strategy of economic development.

  • 15 october 2010

    The Beijing Solitaire

    Russian elites are undisturbed by the “creeping Chinese expansion” in the Far East and even facilitate it as best they can, since they are satisfied with the role the Beijing Consensus accords to them. Have the West in general and the U.S. in particular anything to offer Moscow as grounds for “friendship against China” instead of the mythical “Chinese threat”?

  • 15 october 2010

    China’s “Permanent Reset”

    Although the military threat posed by China is much exaggerated, there should be no illusions about its determination to change the nature of its interaction with the outside world. While China is by no means ready to lead a new international order, it demands an influential role in the existing one, and it is becoming much more unapologetic in advancing its interests.

  • 15 october 2010

    The New Maritime Arctic

    Russian geopolitics of the 21st century will be different from the days of empire and conflict of the nineteenth and twentieth. The increased accessibility of the Arctic, with its energy and mineral resources, new fisheries, shortened sea routes and shipping along the rivers between the Arctic coast and the Eurasian heartland, is both enabling and propelling Russia to become a major maritime state.

  • 15 october 2010

    Together But Not In Sync

    The developing economies are prepared to join the ranks of key players on the financial markets by strengthening their national market infrastructures; that is, by setting up new financial centers on the basis of their banking systems and stock exchanges, and by diversifying debt securities markets. Shanghai, Dubai and Moscow are new generation centers, to name just a few.

  • 15 october 2010

    Forced or Desired Modernity?

    The range of opportunities opening up before Russia in the process of the emergence of a post-American world should be used to create favorable conditions for internal development, and not for complicating them with involvement in strict alliances. The freedom of choice is a truly precious asset in the era of multipolarity.

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Publisher's column

‘China and Russia are quasi allies … On strategic affairs Russia and India have serious conversations only at top level’

"Our most important foreign priority would be keeping peace in the world – very important for Russia, and also because the global situation is worse than at any time in decades."

Editor's column

WEF-2018: Everybody First

If America, with its power, influence, capabilities and share in the world economy proclaims itself "First", it thereby sets the tone. So everyone will have to follow it and also to become "first of all." It's hardly worth to be glad about it. But we must be ready.

Four Years Since Maidan: Why Russia-West Reconciliation Will Remain Crucial During Putin’s Fourth Term

In early 2018, a remarkable milestone was reached in post-Cold War history: as of February 5, the Berlin Wall had officially been down for as long as it was up. But in contrast to the jubilance and optimism that surrounded the fall of communism, today is characterized by growing mistrust and even open hostility between Moscow and Western capitals as we appear to be further away from the promise made in 1989 by President George H. W. Bush of a “Europe whole and free.”

What Сan Britain Do in Response to Russian Nerve Attack?

The UK Government has concluded "it is highly likely that Russia was responsible" for a “brazen attempt to murder innocent civilians on our soil,” Theresa May told the Commons on Monday after a nerve agent was used on Sergei Skripal and his daughter in Salisbury.

The Russian Revolution of 1917: History, Memory, and Politics

In 100 years since the Revolution of 1917, it continues to have impact on the Russian society. Divergent assessments of the Revolution and different approaches to its commemoration have been sparking off heated debates on Russia’s past and future that emphasize the need to reconcile different narratives.

The Global Resurgence of Economic Nationalism

Against a background of shifting geoeconomic power from the West to the East, economic nationalism has become the development strategy that allows rising powers to reverse negative asymmetry in interdependent economic relationships.

Conditionality Beyond Sanctions

Identifying and Pursuing Interests in the EU-Russia Relationship.

The Demise of Ukraine’s “Eurasian Vector” and the Rise of Pro-NATO Sentiment

Before 2014, the majority of Ukrainians did not view the goal of European integration as a “national idea.” Even so, most Ukrainians had positive views about developing relations with and integrating into the EU.