Valdai Club

2016

Regionalisation of the World and the New Type of Interdependence

Dmitry Suslov

Deputy Director at the Center for Comprehensive European and International Studies, National Research University Higher School of Economics, Moscow

The emergence of trade mega-blocs on the one hand and increasingly obvious impact of politics on the economic processes on the other, signal the end of ‘universal’ globalisation of the sort previously based on the WTO and some other institutions of international governance. The combination of economic interdependence and geopolitical rivalry shapes a new type of international associative life and creates new interstate groupings that are both more exclusive that the earlier ‘universal’ institutions and more explicitly tied to geopolitical configurations. The objective of this programme is to research the possibility of new approaches to cooperation in a world that is fragmented but ultimately integral in principle and substance. The analysis will also focus on ways of managing contradictions and minimising mutual harm when economic conflicts arise.

Reports

Report: Economic Order in the Asia-Pacific and Russian Interests

Over the past ten years, the Asia-Pacific region (APR) has been the global economy’s main center of gravity. The world’s leading non-Asian centers of power, the United States and Russia, almost simultaneously announced their turn to the Asia Pacific and proclaimed the region a main foreign policy priority. However, the region’s economic order remains unclear, and represents a concentration of diverse and often incompatible projects and regimes.

Robert A. Manning

Valdai Papers

Prospects for the Transatlantic Trade and Investment Partnership Vis à Vis Russia’s Interests

The Transatlantic Trade and Investment Partnership (TTIP) 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.

Sergey Afontsev

US Policy and Globalization: Before and After the Global Financial Crisis

How has decay of the American Empire affected globalization? Does the apparent fragmentation of older, Bretton Woods era, more universal forms of global governance into more regional forms imply US relative decline? Is the growing power of Russia, India and, above all, China an existential threat to the governance structures that characterize American empire?

Herman Mark Schwartz

Without a “Common Space”: A New Agenda for Russia-EU Relations

Russia and the EU for the first time in history of their relationship must be prepared to cooperate without focusing on a common space building.

Regionalisation and Chaos in Interdependent World: Global Context by the Beginning of 2016

The Paper describes the evolution of key global political and economic trends by the beginning of 2016.