9th All-Russian School for Young Researchers in Institutional and Evolutionary Economics

 

World economy of the 21th century is changing both structurally and qualitatively. This concers the formation of a new world order, including changes in world economic leaders. Russia will have to integrate into this process as effectively as possible.
 

What is the main feature of the new world order? While different countries from the capitalist world-system were previously seen as leaders, now states from outside of this system are taking the lead. On the one hand, these states (including Russia, India, China, etc.) continue to interact with the capitalist world-system. On the other hand, they change the rules of the global game, taking into consideration their own interests. Interethnic interactions are transforming under pressure. Supranational institutions are expected to qualitatively change in the context of the increasing bipolarization of the modern world. In the new world order, nonlinear and multidirectional connections between countries, as well as spillover effects are intensifying. One example of such effects is Western sanctions against Russia, which are also affecting other countries and lead to unpredictable consequences for the entire world economy.
 

The characteristics of the economy of the new world order are: 

• contradictory technological development;

• changes of monetary and financial systems;

• strengthening cooperation as opposed to competition;

• contradictions between the internationalization of the world economy and economic sovereignization of individual states;

• geopolitical changes: the dependence of more developed countries on deposits in less developed countries becomes greater than the dependence of the latter on borrowed technologies;

• simultaneous financialization and de-financialization of economies, etc.

 

These and other features of the economy of the  new world order, as well as Russia's responces to related challenges, will be discussed at the 9th All-Russian School for Young Researchers in Institutional and Evolutionary Economics.

 

 

Languages: Russian, English.

 

Participation format: face-to-face / online.

 

Venue of the event: 7, Universiade str.,Ekaterinburg, Russia (New UrFU campus in Novokoltsovsky).

 

Participation fee: free of charge.