1. Economic Diplomacy in the Modern Geopolitical Context
- Author:
- Dmitry Birichevsky
- Publication Date:
- 12-2024
- Content Type:
- Journal Article
- Journal:
- International Affairs: A Russian Journal of World Politics, Diplomacy and International Relations
- Institution:
- East View Information Services
- Abstract:
- ON SEPTEMBER 7, 1944, an economic department was formed at the People’s Commissariat for Foreign Affairs of the USSR, marking the beginning of modern Russian economic diplomacy. Over the course of its existence, the current Department of Economic Cooperation (DEC) of the Russian Ministry of Foreign Affairs has undergone numerous transformations, gradually expanding its functions as the foreign economic agenda has expanded and become more complex. The DEC is celebrating its 80th anniversary amid radical geopolitical changes that will shape the configuration of the future world order. This is a period of significant challenges and great responsibility, as well as remarkable opportunities. The current historical phase is marked by significant turbulence in the international relations system, as the collective West’s claims to civilizational exceptionalism have proven untenable and Western regulatory mechanisms have failed to ensure sustainable development of the global economy. The Western powers are attempting to maintain their dominance by systematically weakening potential rivals and securing a generally subordinate position for countries of the World Majority.
- Topic:
- International Cooperation, Geopolitics, Integration, Economic Diplomacy, Multipolarity, and Russia-Ukraine War
- Political Geography:
- Russia and Global Focus