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Russia in international economic institutions: are there contradictions in the regional and global agendas?

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  • Mikhail Golovnin
  • Daria Ushkalova

Abstract

This paper focuses on the analysis of Russia’s agenda in global and regional international economic institutions. Our aim is to reveal the main goals of Russia’s agenda in these institutions as well as their realisation and to find whether there is a contradiction or complementarity between Russian participation in global and in regional initiatives. We identify three of Russia’s main goals within the system of global and regional economic institutions as follows: increasing the role of Russia in global and regional economic governance; safeguarding the national economy from external shocks and facilitating its development; and ensuring the interests of Russian economic agents. We conclude that on the global level Russia has faced limitations on realising these goals and lacks its own agenda for international finance and trade issues. However, Russia has created and supported mechanisms for their realisation on the regional and trans-regional level.

Suggested Citation

  • Mikhail Golovnin & Daria Ushkalova, 2021. "Russia in international economic institutions: are there contradictions in the regional and global agendas?," Post-Communist Economies, Taylor & Francis Journals, vol. 33(2-3), pages 222-245, April.
    • Handle: RePEc:taf:pocoec:v:33:y:2021:i:2-3:p:222-245
    DOI: 10.1080/14631377.2020.1793592
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    Cited by:

    1. Evgeny N. Timushev & Vita A. Yagovkina, 2023. "Reserve Funds in Russian Regions: Factors of Formation and Efficiency Assessment," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 5, pages 61-78, October.

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