BORDERLINES IN THE WORLD ECONOMY
The uneven distribution of the benefits from globalization and its economic, financial, social, cultural and other consequences are too daunting. Even in developed countries, the majority of the population did not receive serious benefits from economic globalization. As a result, the issue of free trade and economic integration has turned into a political agenda for many leaders of large states.
The realities of the new industrial revolution increase bids for those who lost in global competition. Sanctions have become the daily reality, serving not only political, but also technological interests. The world economy is fragmented not only on traditional North-South and East-West lines. Individual countries fudge on the agenda that they have been promoting for decades.
Issues for Discussion
- The world trade growth after the crisis has not yet returned to the previous figures. What does this mean for the development of the world economy? What will the future globalization be like?
- What will the new trends in integration agreements be? Scope of participants or depth of penetration into the national competence? Are developing countries interested in catching up with the globalization agenda?
- What are the benefits of globalization in the 21st century for traditional industries, will globalization contribute to the transfer of production and technology transfer?
- What will the integration agenda be in Russia in the post-Soviet space, with the European and Asian partners; does Russia have a sufficient stake to reach wider and deeper integration agreements?
- Sanctions are based on political motives, but gradually they are starting to look more and more like measures to protect domestic manufacturers. Is it temporary or will it become the new reality for a long time?
President, Center for Strategic Research Foundation
Executive Chairman, Board, East Office of Finnish Industries; Consultative Partner, Nokia Corporation; Prime Minister of Finland (1991-1995)
General Director, Russian Direct Investment Fund
Senior Research Professor of International Economics, School for Advanced International Studies, Johns Hopkins University; First Deputy Managing Director, The International Monetary Fund (2001-2006)
Minister of Industry and Trade of the Russian Federation
Herman Van Rompuy
President, the European Policy Centre; President Emeritus, the European Council; Prime Minister of Belgium (2008-2009)