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105051
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2011.
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Currency Wars
27 march 2011
Olga Butorina
Who is to Pay the Crisis Exit Fee?
Olga Butorina is a Doctor of Economics, professor, head of the European Integration Department, Advisor to the Director of the MGIMO University of the Russian Foreign Ministry, and a member of the Board of Advisors of Russia in Global Affairs.
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Resume: 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.
See also
The reckless West
Fyodor Lukyanov
Russia's Accession to the WTO: External Implications
Alexei Portansky
When the Dust Settles
Fyodor Lukyanov
Towards a Unified Innovative Market
Vladimir Yevtushenkov
The "Third Cycle": Is Russia Heading Back to the Future?
Kirill Rogov
"Today, as in the past, when economic and financial problems worsen, they upset the social balance, undermine democracy, weaken trust in institutions, and can degenerate into war, civil or foreign…"
Dominique Strauss-Kahn, IMF Managing Director, December 8, 2010
In the 1990s the International Monetary Fund, acting on a tip from the United States, strongly recommended that countries with economies in transition should peg their exchange rates to strong and stable world currencies - in fact, the U.S. dollar. Fixed exchange rates minimized the currency risks of foreign investors and thus promoted the influx of foreign capital, especially into the countries of Southeast Asia.
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ID:
105049
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2011.
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Criticism of multiculturalism is becoming a fashionable political trend in Europe, but it is drawing divergent responses in Russia. In the meantime, the meaning of the concept has not been completely clarified to this day, and the debate on the issue remains purely political. In this article I venture to present my own theory postulating that the weakening of the purely traditionalist ideology, as expressed in the concept of vulgar (simplified, emasculated) multiculturalism is due to fundamental historical trends - the rising and falling tides of modernization.
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ID:
105057
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ID:
105054
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2011.
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Still, even though one can state a decline in the complicated dynamics of Armenian-Turkish normalization, it would be wrong to speak of a total standstill in this process. After all, peace processes practically always have a nonlinear development. The ideas of reconciliation with the neighbor have become part of the internal discourse in both Armenia and Turkey.
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ID:
105055
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2011.
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The recent devastating tsunami that hit Japan and the subsequent tragedy at a Japanese nuclear power plant has once again demonstrated the vulnerability of the nuclear power industry. The industry's long-term future (there are no alternatives in the short and mid-term) depends largely on whether the major nuclear countries can agree to coordinate their efforts for the nuclear power industry and emerge from this crisis stronger and safer than it was before the accident at the Fukushima nuclear power plant. The preservation of the nuclear power industry requires broader international cooperation in the nuclear field.
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ID:
105050
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ID:
105048
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2011.
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The Levada Center asked in a recent Russian poll if the word "empire" has a positive, negative or neutral connotation. The poll apparently coincided with society's reappraisal of its attitude towards the notion of empire and the meanings behind it. A total of 38 percent of the respondents said their attitude towards empire was neutral and 11 percent said they were undecided. The rest of the responses split into two almost equal halves, with 27 percent stating that the connotations were positive and another 24 percent saying they were negative.
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ID:
105047
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2011.
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This article was originally published in Russian in Pro et Contra, No.14, July-October, 2010, as part of Russia-2020 project.
Russia has entered the third cycle of its post-Soviet history. Although the contours of this cycle are not yet clear, we are already in it. The results of the cycle will be summed up around 2020, and it is precisely these results that will form the image of the country.
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ID:
105052
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2011.
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The possibility (advisability, feasibility, desirability, etc.) of Russia joining NATO has been the subject of widespread discussion among Western politicians and scholars in the last 18 months, however, this issue is no longer on the agenda today. The discussion was purely speculative from the very beginning: it did not imply any practical conclusions or the drafting of a "road map," although the tone of some statements created the impression that Moscow had already applied for NATO membership and was patiently waiting for a decision.
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ID:
105053
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2011.
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There can be no "national" solution to the Caucasus in that a number of ethnic disputes and irredentist claims overlap presently demarcated territorial state borders. Moreover, the membership of these states in either NATO or in the CSTO is not panacea either, in that membership in these separate military camps and command structures, even if these camps can be aligned, would not work to better integrate the entire Caucasus region.
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ID:
105056
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2011.
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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.
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ID:
105058
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