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At a Crossroads: Russia in the Global Economy

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Management number 201820929 Release Date 2025/10/08 List Price $15.41 Model Number 201820929
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Globalization is transforming global economic, financial, and social processes, but Russia faces significant economic, technological, structural, and institutional problems. It must make meaningful decisions to further open its economy, improve its institutions, and strengthen its international ties, but its weakening competitiveness and ambiguous position on the international division of labor make this task difficult. The old model of Russian development has been exhausted, and a new one must be chosen to determine the future of its economic development for many years to come.

Format: Paperback / softback
Length: 200 pages
Publication date: 28 February 2019
Publisher: The Centre for International Governance Innovation

Globalization is a complex and multifaceted phenomenon that has been transforming global economic, financial, and social processes in recent years. It involves the increasing interdependence of nations and the expansion of opportunities available to them. Russia, as a major player in the global economy, is no exception to this trend. While Russia actively participates in the globalization process, it faces numerous challenges that are unique to its situation. These challenges include economic, technological, structural, and institutional problems, as well as the risk of widening the gap between Russia and other economies in terms of economic performance and technological development. Russia now stands at the crossroads of either overcoming or exacerbating these current challenges. The choice that Moscow makes in the near future will have a significant impact on the future of its economic development. Russia must make meaningful and fundamental decisions aimed at further opening its economy, improving its institutions, and strengthening its international ties. This task is made more difficult by Russia's weakening competitiveness and its ambiguous position on the international division of labor. The old model of Russian development has been exhausted, and a new one must be chosen. Russia's choice at this juncture will determine the future of its economic development for many years to come.

Weight: 436g
Dimension: 230 x 153 x 13 (mm)
ISBN-13: 9781928096771


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