Russia in Global Affairs

Although all the markets have actually turned into financial ones, there is no reliable theory that would explain how they function; even the leaders of the financial world had a feeble idea about the specificity of the new financial instruments. It appears that the theory of long-term economic cycles has grown outdated, while the theory of real cycles does not have a practical value.

Russia should cease playing a game of "catch up" with the so-called developed economies, as well as relinquish the idea of antagonism between Russian and Western interests. Russia and the West objectively need each other.

Russia’s move toward the West would be a lucrative decision, as well as nicely matching the psychological orientations of those individuals who cherish the idea of Russia’s great mission. By going West again, we will rescue the entire European project and ourselves.