Invest in Russia — invest in Russian regions!
All analytics

International Economic Cooperation in New Realities

Research
11 April 2018
Международное экономическое сотрудничество в новых реалиях
Source
Release date
02/05/2018
Authors
, ,

The issue opens with the article of Alexander Shokhin, the President of the RSPP, informing about global and regional trends in the economic development. The article notes that one of the most important factors of long-term development of the world economy is the introduction of technological innovations, in particular, digitalisation of the world economy.

According to Alexander Shokhin, due to uncertainties conditioned by current and prospective factors it is necessary to use the current growth to make structural improvements for the economy to adapt to changing realities of the global market and narrow the gap with developed and large developing countries as regards critical economic and competitiveness parameters. In his article Viktor Vekselberg, the Chairman of the Board of Directors of Renova Group, President of Skolkovo Foundation and Chairman of the RSPP International Cooperation Committee, shares his opinion on digital economy with the audience. Viktor Vekselberg says that the digital economy is a complex socio-economic and organisational and technical system. Its efficiency depends directly on the balance of different components (technical,infrastructural, organisational, program, regulatory, legal and others) and seamless interaction between the members of a new digital civilization.

Viktor Vekselberg highlights that Russia has all the prerequisites to attain the full digital potential and accelerate the process of digitalisation. However, a new digital economy requires building mutual understanding not only between the industry, business, and education but also legislative authorities. It is crucial and essential to regulate access to data including personal data and to adopt regulation mechanisms that is to set requirements for machines, equipment, and processes.

Alexey Mordashov, the Chairman of the Board of Directors of PAO Severstal and Chairman of the RSPP Committee on Integration, Trade and Customs Policy and WTO, shares his opinion on effective search for new solutions in new conditions with the special issue audience. According to Alexey Mordashov, it is apparently impossible to find new solutions, narrow the gap, respond to strategic challenges in the conditions where we recede from the globalising world.

Integration should be promoted, and barriers to two-way communications should be gradually lowered: tedious customs formalities, infrastructural constraints. The nest section of the issue is devoted to regional trends in the Asian and Pacific Region. The article titled Political and Economic Risks in the Asian and Pacific Region in 2018: Difficulties and Opportunities for Russian Business analyses the overall economic situation in the APR at the beginning of 2018 and gives a forecast of potential risks in different areas including economy, finance, environment, and security.

The article Trends in Trade and Investments between Russia and China, Korea, Japan, and ASEAN presents up-to-date statistical data including those on exports and direct investments.

The issue contains three reviews of business conditions in Vietnam, India, and Republic of Korea. The issue ends with the section devoted to the activity results of multilateral institutions in the APR for 2017 including Russia’s activities in the APEC Tourism Working Group and Vietnam Representative in the APEC and its importance for business.




Anlytics on the topic

All analytics
Research
30 December 2019
Smart cities: Digital solutions for a more livable future

The report from the McKinsey Global Institute analyzes how digital services solve various practical problems in the areas of security, transport, medicine, and environment.

Research
5 February 2020
Workforce of the future. The competing forces shaping 2030

In this report, the consulting company PwC studies trends shaping the future of work and suggests how individuals, the HR function, organizations, and governments could respond to these trends.

Research
16 October 2020
Artificial Intelligence in Education: Challenges and Opportunities for Sustainable Development

This paper, prepared by UNESCO, gathers examples of the introduction of AI in education worldwide, particularly in developing countries, analyses how AI can be used to improve learning outcomes, addresses the challenges and policy implications of introducing AI in education.

Research
11 December 2018
Digitalization in small and medium-sized towns of Russia

This publication by Vysokovsky Graduate School of Urbanism in collaboration with Yandex.Taxi studies digital services penetration in Russia by comparing levels of digitalization in localities of varying degree of urbanization.