Russia’s Sovereign Globalization: Rise, Fall and Future
The report examines Russia's attempt to balance economic prosperity through globalization with maintaining political control and autonomy, a strategy termed 'sovereign globalization'.
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Quick Facts | |
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Report location: | source |
Language: | English |
Publisher: | Chatham House |
Authors: | Nigel Gould-davies |
Geographic focus: | Global, Russia |
Methods
The research method involved a comprehensive analysis of Russia's economic policies, geopolitical maneuvers, and the interplay between domestic objectives and international engagement under Vladimir Putin's presidency. It assessed the evolution of Russia's strategy of 'sovereign globalization' and its impact on Russia's political economy and international relations.
(Generated with the help of GPT-4)
Key Insights
The research explores Russia's strategic approach to globalization under Vladimir Putin, aiming to achieve economic prosperity without compromising state control and autonomy. This strategy, known as 'sovereign globalization,' involved managing economic engagement to limit external influence, using economic means for political influence, and navigating the tension between integration and control. However, adverse developments, including the decline of energy-export-led growth, global energy market changes, and EU responses, undermined this strategy, leading to strained political economy, regional influence, and sanctions that isolated Russia from the global economy.
(Generated with the help of GPT-4)
Additional Viewpoints
Categories: English publication language | Global geographic scope | Russia geographic scope | development | domestic control | domestic governance | economic prosperity | economy | energy-export-led growth | eu responses | global economic engagement | global energy market | globalisation | governance | great-power autonomy | industry | political control | political economy | politics | russia | sanctions | security | sovereign globalization | state autonomy