Russia in Global Affairs

Liberalism fails when it functions too well as the atomized individual is liberated from all authority and group influence, which causes narcissism, nihilism and the breakdown of the social capital required for the functioning of civic society.

We should try to convince the European nation-states to start thinking differently, not “continentally.” They should accept that Russia is a country with its authentic national interests.

Stephen F. Cohen ‘s book War with Russia? is controversial and debatable. Any of the author’s arguments should create applause by his supporters and fierce opposition from his critics as they could be the starting point for a much-needed debate.

Chinese geoeconomics is making a great leap forward to adjust to rapid technological developments and a changing international distribution of power. The world is entering a new industrial revolution that further decouples the relationship between capital and labour, which incentivises Beijing to abandon its reliance on low-wage competitiveness and instead take the lead in developing high-tech strategic industries with its digital Silk Road.

After a 500 year-long struggle for recognition of its status as a European power, Russia has positioned itself as a pivot to the East to develop Greater Eurasia, Glenn Diesen, a professor at the Higher School of Economics, told Sputnik, adding that this may spell the end of the Western-centric geo-economic infrastructure.

This article is an abridged and revised version of the paper written for the Valdai International Discussion Club. The original copy is available at: http://valdaiclub.com/a/valdai-papers/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.

The success of a region-building project is largely contingent on constructing a ‘balance of dependence’. The Greater Europe initiative inevitably failed as the attempt to ingrate almost exclusively with Europe deprived Russia of the required bargaining power to negotiate adequate inclusion.