World esonomy and international relations

Official journal homepage: https://journals.rcsi.science/0131-2227

ISSN (print): 0131-2227ISSN (online): 2782-4330

Media registration certificate: № 0110246 от 08.02.1993

Founders

  • Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences;
  • Russian Academy of Sciences

Editor-in-Chief

Ryabov Andrei Vilenovich, Cand.of Sc. (History), Associate Professor

Frequency / Access

12 issues per year / Subscription

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White List (2nd level), Higher Attestation Commission List, RISCScopus, Web of Science (ESCI)

 

Current Issue

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Vol 69, No 12 (2025)

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The world at the beginning of the millennium

BRICS+ vs G7: Economic Growth Efficiency
Meliantsev V.A.
Abstract
The author’s calculations and models show that almost fourfold lead of the ten BRICS+ countries over the Group of Seven advanced economies (AEs) in terms of compound annual growth rate of GDP in 2000-2024 is largely due to their more than twofold superiority in the investment efficiency and fivefold lead in compound annual growth rate of total factor productivity (TFP). The success of the BRICS+ countries was on the whole provided by an increase in government effectiveness, the implementation of export-oriented industrialization (primarily in the largest Asian countries - China, India, Indonesia), significant progress in the growth of physical and human capital and innovative development. Largely due to the dynamic growth of China and India, which have generated almost 4/5 (3/5 and 1/5, respectively) of the BRICS+ GDP growth, the BRICS+ countries have overtaken the Group of Seven in terms of GDP (in PPP) by a third and in terms of industrial production by more than twice. They also surpassed the G7 in terms of the value of high-tech goods exports and reached over 2/5 and 1/2 of the level of the G7, respectively, in terms of TFP and human development index. Although beginning from the start of the 2010s the BRICS+ countries suffered from a slowdown in economic growth caused primarily, as calculations show, by a decline in the contribution of external demand from slowly growing AEs, which have been introducing stringent restrictions on exports from the BRICS+ and other developing countries, BRICS+ countries as a whole over the past 10-15 years have continued to outperform the Group of Seven in terms of investment efficiency by 3/4 and in terms of average annual growth rate of TFP four times.
World esonomy and international relations. 2025;69(12):5-17
pages 5-17 views

Security issues in the modern world

Arms Control: Down the Staircase Leading Up?
Oznobishchev S.K.
Abstract
The growing potential for conflict, the collapse of the collective security system in Europe, and the collapse of the system of arms limitation and reduction have become characteristic features of the modern system of international relations. What happened, to a large extent, was a consequence of the deterioration of relations between Russia and Western countries. The crisis has affected almost all the most important areas of arms control, both global and regional.For example, the issue of nuclear non-proliferation is by no means off the agenda, but the Non-Proliferation Treaty (NPT) Review Conferences are ending in vain; back in 2002, the United States withdrew from the Anti-Ballistic Missile Treaty (ABM) Treaty, but the next in line in Washington is a plan to create another global missile defense system called the “Golden Dome”; in the context of combat actions in Europe, it is impossible even to approach the problem of further reduction of conventional armed forces on the continent. Noticeable destructive contribution to arms control was made in the first term of Trump’s presidency. In May 2018, the withdrawal of the United States from the Joint Comprehensive Plan of Action on the Iranian nuclear program (JCPOA) was announced; in August 2019, Washington ceased its participation in the Treaty on the Elimination of Intermediate-Range and Shorter-Range Missiles (INF Treaty); in November 2020, the procedure for the U.S. withdrawal from the Open Skies Treaty was completed. Today, only the Strategic Arms Reduction Treaty (START-3), partially implemented by the parties, remains, participation in which Russia partly “curtailed”.
World esonomy and international relations. 2025;69(12):18-28
pages 18-28 views
Open-Source Software as a Unique International Process
Markov A.S., Romashkina N.P.
Abstract
The problem of the comprehensive use of open-source programs is studied as a unique international process covering most countries of the world. The object of the study is open-source software, the source code of which is freely distributed in various sources and can be used on the basis of the relevant rules (license). Some open-source software products are critical technological building blocks for widely used computer systems around the world. A huge number of companies, governments, and individuals use open-source software or its components. At this stage, it is not just an important part of the software industry, but one of the foundations of the modern global economy. The article analyzes the history of open-source software, its conceptual apparatus, development process and prospects. Analysis of the history of the idea and movement for open-source software showed that, at present, it is possible to state the absence of a strict division into closed and open segments. Almost all leading IT companies are increasingly using open-source software models in their activities, while simultaneously being their sponsors. The article substantiates its strategic importance in the spheres of economics and security. Thus, the author substantiates the conclusion that the accelerated spread of open-source software is already a unique international process that has a large-scale impact on the economy and security at the national and global levels. The risks and threats of malicious use and distribution of open-source software at the current stage are identified, including for the security of Russia. Governments of developed countries are more and more concerned about the consequences of using open-source software for cybersecurity and the risks of both accidental vulnerabilities and code manipulation by not only criminals, but also foreign state actors. Countries with the greatest capabilities in the information space are implementing open-source software, and moreover, developing methods for managing the so-called open-source ecosystem at the national and global level, increasingly politicizing these processes, and using them to influence other states. The article raises the problem of politicization of the development and distribution of open-source software, which contradicts the key principles of collaborative development and open access.
World esonomy and international relations. 2025;69(12):29-38
pages 29-38 views

Economics, economic theory

Global Energy Transition: Constraints and Opportunities for Russia
Sechin I.I.
Abstract
The article presents a comprehensive analysis of the global energy transition, conceptualized as a multi-level process affecting the fundamental foundations ofthe world economy, international politics, and strategic security. Special attention is given to the critique of the Western model of “green” transformation, which, under the guise of combating climate change, incorporates elements of neo-colonial policy that hinder the economic growth of developing countries. The author argues that the climate agenda initiated by developed nations functions as an instrument of geoeconomic pressure, enabling the redistribution of financial, resource, and technological flows in the interests of a narrow group of states. Against the backdrop of mounting challenges related to climate regulation, sanctions policies, and energy transformation, the article examines the constraints and opportunities facing the Russian economy. It substantiates the need to abandon uncritical adherence to the international climate agenda and outlines strategic guidelines for building a sovereign energy policy aimed at technological development, efficient domestic energy consumption, and the strengthening of the country’s geoeconomic position.
World esonomy and international relations. 2025;69(12):39-51
pages 39-51 views
Central Asia: Water and Economic Growth
Zhukov S.V., Maslennikov A.O., Reznikova O.B.
Abstract
Using the concepts of water intensity of production and international trade in virtual water developed in the economic literature, the authors show that in the countries of Central Asia, with the exception to a certain extent of Kazakhstan, a highly water-intensive model of economic growth has developed. The record-breaking by world standards water intensity of economic growth in the subregion is explained by the massive use of fresh natural water to serve the needs of agriculture, which is also among the world leaders in water intensity. Despite the pronounced trend towards a decrease in the water intensity of the economy in the period 2000-2021, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan remain world leaders by fresh water consumption per unit of gross domestic product and value added in agriculture. Uzbekistan is a striking example of a country whose specialization in global exports was formed irrespective of the availability of such a resource as water. In 2022, Uzbekistan exported in virtual form a fifth of fresh water taken from natural sources. In absolute terms Uzbekistan by export of its own virtual water ranked sixth in the world, behind only China, India, the United States, Iran and Pakistan. The water stress indicator in Uzbekistan exceeds 100, which shows that the economy and population are consuming part of the fresh water that should be used to maintain the stability of natural water systems. It is only possible to maintain and, even more so, develop such a wasteful model of water consumption if the price water for consumers remains very low, which in turn presupposes an increase in the withdrawal of fresh natural water. If the present economic growth model is maintained, the negative consequences of water scarcity and water stress in Central Asia will only increase in the future. Water conservation can make a significant contribution to solving the problems of water scarcity, what involves modernization through large-scale investments of water transportation, distribution, accumulation and storage systems, as well as the use of water-saving technologies and practices in agriculture. A positive effect on water scarcity can be achieved by the wide use of industrial water cleaning technologies. However, both of these solutions are palliatives. Fresh natural water should receive a relevant price. In the short term, a relevant price for water will strengthen the policy of reducing water intensity. In the medium and long term, the price will set the right guidelines for investment and sectoral policies aimed at forming a model of sustainable economic growth.
World esonomy and international relations. 2025;69(12):52-60
pages 52-60 views
On Typologies of Capitalist Systems: a Critical Analysis of Contemporary Approaches
Habarta A.A.
Abstract
The article provides a comparative analysis of modern institutional approaches to the typology of capitalist economic systems. In the context of globalisation, digitalisation and transnationalisation of the world economy, there is a growing interest in institutional diversity, forms of economic coordination, the structures of corporate governance, the role of the state and the interaction of formal and informal institutions. The author systematises and analyses key approaches to the typology of modern economic systems, including the theories of varieties of capitalism (VoC) and varieties of institutional systems (VIS). Particular attention is paid to analysing their applicability to countries with different levels of socio-economic development, in particular non-Western economies. The author emphasises the need to move away from binary classifications in favour of multilevel, hybrid models that take into account the political and economic particularities of different regions of the world.
World esonomy and international relations. 2025;69(12):61-71
pages 61-71 views

Greater Middle East

Evolution of US Soft Power Components in the Middle East: Less Ideology – More Commerce
Shumilina I.V.
Abstract
The UAE and Saudi Arabia invested hundreds of billions of dollars in American startups, sports, and movie production in 2024 alone. Especially in IT giants. Yet, this is not just business in the new era of globalization. Monarchies fear that their traditional foundations may be undermined by the US “digital push” and therefore seek to acquire leverage to control the American activities in the IT industry in their interest. This is increasingly affecting Washington’s policy in the Middle East in the sphere of “soft power” and its evolution into a new guise, namely, into a kind of “co-production of information and PR-products”. In essence, instead of promoting democracy, it is a pragmatic partnership with Arab elites through economy and culture. Washington begins to act unconventionally, reaching significant agreements with Middle Eastern partners not through the State Department, but on the basis of official and unofficial ties, primarily, with sheikhs and clans of the Arab monarchies of the Persian Gulf. In this article, the author analyzes the essence of the change in the ideological model of US influence in the region, which was deployed by Donald Trump during his first presidential term - and is already prevailing during the second. Through economic instruments, the US has built up the strength of political partnerships with GCC countries while maintaining economic leverage. In turn, the Arab monarchies are also expanding their economic influence, acquiring the status of global players, “opening up” to the Western world while keeping their political system unchanged. Thus, American “soft power” towards the Middle East becomes transactional, focuses on pragmatic partnerships, and draws closer to Arab elites through economy and culture. As a result, a hybrid model of “soft power” becomes predominant, working for both Arab and American audiences.
World esonomy and international relations. 2025;69(12):72-82
pages 72-82 views
Evolution of Iran’s Proxy Strategy amid the Weakening of Traditional Partners
Dobreva E.I., Lazovsky S.O.
Abstract
The article examines the transformation of Iran’s proxy strategy in the context of profound political changes in the Middle East and the weakening of Tehran’s traditional allies. Particular attention is given to the events of 20232025, including the twelve-day Iran-Israel war, the fall of Bashar al-Assad’s government in Syria, and the significant losses sustained by Hezbollah and other pro-Iranian formations in Levant. Based on the analysis of these factors, it is shown that Iran has faced the necessity of rethinking its reliance on a limited and institutionalized circle of allies and shifting toward a more flexible network of interactions. The article discusses potential establishment of new logistical supply routes and redistribution of financial flows, with particular attention to Iran’s impact on the dynamics of regional conflicts. While this strategy remains central in Iran’s foreign policy arsenal, it increasingly combines traditional proxy structures and temporary and front organizations. At the same time, Tehran seeks to offset the military setbacks of the “Axis of Resistance” by expanding political and economic contacts with regional states, including Egypt and Gulf monarchies. The study also examines the perception of proxy strategy within Iranian political discourse. The term “proxy” is rejected by Tehran as a Western construct, while the activities of allied movements are presented as legitimate “resistance” against “Zionism and American imperialism”. In conclusion, it is argued that the transformation of the Iranian model reflects a broader process of change in international relations, within which proxy wars have become one of the key instruments of global politics, reshaping the balance of power and the nature of conflicts in the Middle East and beyond.
World esonomy and international relations. 2025;69(12):83-93
pages 83-93 views

In the post-Soviet space

Turkishness as a Manifestation of a “Spectacular State” in Uzbekistan’s Foreign Policy
Alimdzhanov B.A.
Abstract
After gaining independence, Uzbekistan faced a choice of identity. In the 1990s, several identities competed in the republic: Islamic, secular, Soviet, Turkic, and Uzbek. In the end, Karimov’s version of “moderate” Uzbek nationalism prevailed. It should be emphasized that identity in Uzbekistan is inextricably linked to foreign policy and the international situation as well as the will of the country’s president. All these factors combined have left their mark on identity politics in Uzbekistan. In the 1990s, the authorities of the republic fought and ignored the Islamic and, partly, Turkic identities, but in the second half of the 2010s, they allowed discussions and academic articles on Turkism into the public space. The second president, Shavkat Mirziyoyev, changed the situation in identity politics. Since 2016, along with the Uzbek identity, a certain vague meta-identity - the Turkic one - has been developing. Turkishness in Uzbekistan is inseparable from the foreign policy ambitions of local elites and the president’s international agenda. It has existed between “spectacle nationalism” and “spectacular state”. Turkishness as a strategy in foreign policy, as a historical past, and as an identity policy performs certain functions. It is not a way of life or a style of thinking of common people, it is a kind of strategy in Uzbekistan’s foreign policy to increase trade and tourism potential of the republic. Turkishness in Uzbekistan is understood as a kind of a lost form of the historical consciousness of the population. It is intended to replace Sovietism and Islamism at an accelerated pace and create the ideological basis for over-strengthening the role of the state in identity politics. The article is based on the ideas of Marlene Laruelle on the connection of identity with foreign policy, Mary Kaldor on “spectacle nationalism”, and Laura Adams on “spectacular state”.
World esonomy and international relations. 2025;69(12):94-101
pages 94-101 views
The Role of Water Resources in Geopolitical Processes in Central Asia
Abdurasulov J.A.
Abstract
This study explores the growing geopolitical importance of water resources in Central Asia, with particular focus on their role in maintaining regional stability amid climate change, interstate relations, and external influences. The urgency of the issue stems from the need to move away from traditional approaches toward adaptive strategies aligned with current geopolitical dynamics. The research highlights key environmental challenges worsened by water issues, including the desiccation of the Aral Sea, declining surface and groundwater quality, loss of wetlands, and rising soil salinity. Additionally, developments like the construction of the Qosh-Tepa canal in Afghanistan introduce new geopolitical risks. Through historical and contemporary analysis, the study traces the evolution of the “Central Asia” concept, covering five core nations - Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan, and Turkmenistan -while also recognizing Afghanistan’s growing geopolitical role. The Amu Darya and Syr Darya rivers, which provide most of the region’s freshwater, are analyzed along with the legal, political, and infrastructural challenges of managing transboundary waters. The paper reviews regional and global initiatives, including the 1992 Nukus Agreement, UN water conventions, and crisis group reports. Drawing from global cases such as the India-Bangladesh Ganges treaty, it proposes cooperative models for Central Asia. A geostrategic model is presented, integrating water strategy, transport corridor development, and geopolitical balancing. It outlines practical steps such as improving legal frameworks, investing in small reservoirs and water-saving technologies, and establishing regional centers for drought resilience and coordination. In conclusion, the study emphasizes that sustainable water governance and strategic foresight are vital for long-term peace, development, and ecological stability in Central Asia. These findings aim to guide policymakers and scholars in forming cooperative strategies for a region increasingly shaped by water geopolitics.
World esonomy and international relations. 2025;69(12):102-108
pages 102-108 views

China: domestic and foreign policy

“A Giant Tree” for Northeast China: Russia in Modern Development Strategies of the Chinese Region
Larin V.L.
Abstract
The article is based on official Chinese materials and devoted to the northern vector of the modern China openness policy, which is implemented through the foreign economic activity of its northeastern territories -the provinces of Heilongjiang, Jilin, Liaoning and the Inner Mongolia Autonomous Region. The author analyzes the officially announced strategic guidelines and development priorities of these territories, and the tools used for their implementation. Special attention is paid to free economic zones. The article studies their tasks and activities in these provinces, the construction the “openness infrastructure” to the North and along the borders, as well as some results of their foreign economic activity in the post-COVID period. A conclusion is made that the Communist party and government of China have not removed from their agenda the goal of“achieving new breakthroughs in the comprehensive revival of the region”, and one of the tools for this is to advance the level of its openness. Beijing continues to promote the concepts of the construction of “northern corridor” to enter the Eurasian space, as well as the attracting the natural resources, transport, logistics and intellectual potential of the Pacific Russia not only to support the revival of the NorthEast of China but to give the convenient root for Chinese goods from the industrial East to Eurasian markets.
World esonomy and international relations. 2025;69(12):109-121
pages 109-121 views
China’s View on the Transformation of the European Security Architecture in Times of Turbulence
Krivokhizh S.V.
Abstract
This article analyzes China’s perspective on the transformation of European security architecture amid global turbulence. It explores the factors that have shaped China’s understanding of security, with particular attention to the Global Security Initiative proposed by China and its perception of the European security crisis following 2022. By examining official statements and academic publications, the paper identifies how China evaluates Russia’s initiative in shaping a new Eurasian security framework, highlighting the strengths and weaknesses it perceives. The study concludes that Chinese and Russian visions for a new security system largely align in terms of core principles, although each has distinct emphases and implementation approaches. China emphasizes a balanced, inclusive, and cooperative approach to regional and global security, advocating for multilateralism and respect for sovereignty. It views the current Western-dominated security order as outdated and believes that the European security crisis stems from ignoring the principle of indivisible security. China supports efforts to build a more equitable and stable security architecture that involves all stakeholders, including Russia. While China shares Russia’s criticism ofNATO’s expansion and the existing Euro-Atlantic security model, it also promotes dialogue and peaceful resolution of conflicts. The article suggests that despite common strategic interests, China maintains its own independent stance. Ultimately, China’s vision complements but does not fully mirror Russia’s approach, reflecting its broader geopolitical strategy and commitment to a multipolar world order.
World esonomy and international relations. 2025;69(12):122-131
pages 122-131 views

Articles

Vasily Vasilyevich Mikheev (1954–2025)
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World esonomy and international relations. 2025;69(12):132-132
pages 132-132 views

Around the books

The Key Drivers of the Global Economy
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World esonomy and international relations. 2025;69(12):133-139
pages 133-139 views