№ 1 January/March 2009
  • Transition to Uncertainty

    The global crisis is being discussed so much that there seems to be no aspect left that has not been analyzed in depth.

  • Dances with the Dragon

    The crisis is setting an almost impossible task before the countries with developing markets – to modernize market mechanisms and strengthen the state’s position in the economy, although their economic system is deformed a priori and international practice and standards ignore the fact of this deformation.

  • The End of the “Paper Oil” Era

    The structure of economic ties that took shape in the past decades has serious inherent inconsistencies. The widespread conviction that the expanding global economy is stable by virtue of its scale and diversification of the participants’ interests is creaking at the seams. Many macroeconomic indicators have become unpredictable, aggravating the risks of projects with long payoff periods.

  • The End of the Cold War and the Acquisition of Meaning

    Implementing opportunities for collective action could play a decisive role in restoring the governability of global development in its current critical phase after the financial and economic crisis cleans the Augean stable of the entire international system inherited from the past and makes the rise of a new system inevitable.

  • The Berlin Doctrine


    Now it depends on the political will and courage of the American and Russian leadership to translate their common vision of a multi-polar and multilateral order into the reality of shared institutions and concrete policies. Nothing less than a new security doctrine is at stake.

  • Action and Counteraction

    The missile defense issue must be resolved as part of general efforts to normalize U.S.-Russian relations, which have seriously deteriorated after the Five-Day War in the Caucasus. All attempts to solve the missile defense problem will fail unless Moscow and Washington achieve mutual understanding, predictability of their actions, and, finally, mutual confidence with regard to each other’s intentions.

  • The Logic of European History

    Rapprochement with the EU is possible without Russia giving up vital economic or security interests, because the European Union is not what many in Russia seem to think it is. The great challenge for the 21st century now seems to use the experiences with building peace and prosperity in Europe to achieve similar results between Europe and Russia.

  • Legal Options for Russian-EU Cooperation

    The gradual construction of a strategic alliance between Russia and the European Union must be a general strategic benchmark for Russia, which could be mentioned in the new basic agreement with the EU – provided, of course, that the EU duly reciprocate and that the present political situation becomes less acute.

  • After the Oil Boom

    Russian corporations underestimate investment risks in the European Union, while the Russian energy strategy lacks understanding of how this country should build its relations with international arbitration institutions. The conflict between EU legislation and traditional liberal norms calls into question the possibility of protecting investment in the European Union on the basis of EU laws.

  • A Testing Ground for Modernization and a Showcase of Success

    Russian support for Abkhazia and South Ossetia, which came about as a result of a number of circumstances, may play the role of a catalyst for Russia’s modernization, but the two territories are very different and require different approaches.

  • Is “Constructive Nationalism” Possible?

    The interest in the phenomenon of nationalism has again increased in the world. Experts and politicians are trying to define various types of nationalism and to understand the difference between ethnic nationalism and civic nationalism, and what potential the latter type of nationalism has. Obviously, ethnic nationalism is not gone.

  • A Global Answer to a Global Challenge

    Despite considerable efforts to liberalize the economic system and the laws regulating relations between the authorities and economic agents, the nation still pins great hopes on the government as almost the only institution that can ensure that public interests are duly observed. These ideas should not be fought against, no matter how illusory they may seem, but guided into a productive vein.

  • The Global Crisis As Seen from Russia

    It has become popular in Russia to speak about the crash of the Western economic model and liberal capitalism and this talk may make some sense from the political point of view. All of economic history shows that however harsh a crisis may be and whatever stage of capitalism’s decomposition is attributed to it, market economies have always survived crises, and emerged from them stronger, tougher and more competitive.

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Publisher's column

A new world order: A view from Russia

Since around 2017–2018, the world has been living through a period of progressive erosion, or collapse, of international orders inherited from the past. With the election of Donald Trump and the rapid increase of US containment of Russia and China—which is both a consequence of this gradual erosion and also represents deep internal and international contradictions—this process entered its apogee.

Editor's column

Roaring Twenties again: 'Global impeachment' and the end of the era of liberal globalization

Now that another decade has flown by and the world awaits the arrival of 2020, it is only appropriate to look back at last century's 'Roaring Twenties'. Those twenties started globalization; these could see the end of its era.

How Cozy Is Russia and China’s Military Relationship?

Russia and China’s strategic military cooperation is becoming ever closer. President Putin has announced that Russia is helping China build an early warning system to spot intercontinental ballistic missile launches.

A “Synchronized Downturn” Calls for a “Synchronized Response”

This year’s Annual meetings of the IMF and the World Bank in Washington DC revealed a growing preoccupation with the mounting signs of a slowdown in the world economy.

How to Stop NATO

Catherine the Great is credited with saying that the only way to secure the borders of the Russian Empire is to expand them continuously. This logic is to some degree applicable to the North Atlantic Treaty Organization, which embarked on a path of geographical enlargement quite literally from the very first days of its existence.

The Asian Mirror for the Far East: an Indian Perspective

India and Russia have long shared geopolitical perspectives on the balance of power in Eurasia. In the post-Cold War era both turned their attention to the West. However, over the past decade India has pursued the Look East Policy, seeking to regain its political and economic influence in Southeast Asia and building new strategic partnerships with East Asian powers like Japan and South Korea. Russia’s Turn to the East and India’s move from the Look East to the Act East Policy have created a new framework for closer India–Russia geo-economic and geopolitical relations.

Russian Far East Development from the Korean Perspective

This chapter focuses on analysing Korea’s position on development of this region. To this end, the paper deals with the significance and strategic value of the Russian Far East, the current status, and determinants of the Russian Far East policy, as well as the direction and tasks of Korea’s Russian Far East policy.