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Let me explain. There is a huge literature on the dollar based IMFS, most of it based in the US and committed, contrary to all evidence, to celebrating its effective ‘public service’ to the world and to predicting its longevity. There is also a huge literature on financialization, and its harms. However, until my Geopolitical Economy of 2013, no one spoke of their intimate connection. I argued there, and in…

To some extent, it is generally typical of the entire World Majority — the world outside the community of Western countries, united around one leader and professing common interests and values ​​in relations with the outside world. In turn, the countries of Greater Eurasia do not have comparable opportunities to consolidate their interests and strategic aspirations. There is no dispute that a certain competition is also present in other regions of the planet, including the West: for example, European states are now desperately fighting for…

To assess the foreign policy preferences of potential BRICS partners, it is interesting to look at their voting in the UN General Assembly. It is clear that their results should not be taken as absolutes, and the real political practice of states is not limited to voting results and is not determined by them. But these votes are also symbolically quite important, writes Valdai Club Programme Director Oleg Barabanov. The…

The global crisis that we are experiencing is aggravated by an intellectual crisis of world political thought. Nevertheless, people are inventive, and maybe AI will help, writes Valdai Club Chairman Andrey Bystritskiy. There is virtually no doubt that the problems of 2024 will reappear in full and even with reinforcements in 2025. One of the reasons for the protracted global political crisis in which we now exist is that the creative ability of modern political thought is clearly insufficient to offer a more or less realistic and digestible model of the…

Based on these evidences and reasons, many analysts have considered Iran the main loser in the recent developments in Syria (Eliot A. Cohen, Lyuba Lulko & Dmitry Sudakov, Natasha Hall and Joost Hiltermann & Nicholas Kristof). But are these judgments correct, and has Iran lost everything in Syria?  The ultimate answer to this question is no, for several reasons. First, the difference between official and unofficial positions. Usually, individuals, groups,…

The terrifying context of a likely war of the EU against Russia for the Ukraine with French troops being sent on the Russian front is less a danger than an option to the French Europeanist tyrant: he can use it as a tool to unite the French political system around him, Olivier Roqueplo writes. The victory of Parliament over the Barnier Government seems to open the final chapter of the…

In 2024, Valdai Club continued its cooperation with colleagues from Pakistan, which has been actively developing for several years. In April, 2024, the Club held a Russian-Pakistani conference on strategic stability, a topic that is becoming extremely acute amid the current geopolitical conditions. Pakistan, as a nuclear power, has its own views on the problems of global and regional strategic stability, which resulted in an interesting and frank dialogue between…