Economics
01.09.2024 Muhammad Ali Baig

In the contemporary International Relations, the automobile manufacturing is one of the most important yet profit-making business, providing numerous jobs, and a pivotal aspect of enhancing research and development. However, with the growing geopolitical tensions, enhanced protectionism, and the revival of nationalism; the value of automobile manufacturing has become a matter of national pride and national identity. It is understandable that states take great pride in their national and indigenous carmakers, and consider them to be a part of their national identity, power, and prestige.

20.08.2024 Simon Chege Ndiritu

The ongoing tension between Iran and Israel can be understood in the context that the latter views itself as the vanguard of Western Civilization in the region. Israeli representative stated as much on 14th August 2024, during an emergency UNSC meeting convened to discuss his country’s bombing of Al-Tabeen school that killed about 100 civilians. Israel and The West cannot foresee themselves backing down until the entire region is brought under neocolonialism.

16.08.2024 Salman Rafi Sheikh

For the past several years, the Middle East has been China’s key trading hub, not least because of more than 70 per cent of the oil that Beijing imports from here. Between 2017 and 2022, China’s bilateral trade with this region jumped from US$262 billion to US$507 billion. In 2022 alone, the region saw its trade with China jumping by more than 27 per cent. This was the largest increase in China’s trade compared with other regions, such as the ASEAN.

16.08.2024 Veniamin Popov

According to the assessment of the OXFAM International Foundation, which deals with the social contradictions between rich and poor, the biggest and most dangerous topic for all mankind is the explosive growth of inequality. Evidence shows that today’s labour struggles in a wide range of countries, whatever their slogans, are ultimately attributable primarily to the widening income gap between rich and poor.

12.08.2024 Alexandr Svaranc

International transport corridors (ITCs) are gaining independent geo-economic importance, where the transit of goods and passengers guarantees a constant source of profit, security and growth. The question lies in the routes and the combination of interests of project participants. What is attractive about the Zangezur transport and communications corridor?

07.08.2024 Mohamed Lamine KABA

Strengthening multipolarity is essential for global balance. With this in mind, BRICS, as well as the nations of the Global South, would benefit from reconsidering their participation in the IMF and WTO. This approach aims to promote greater autonomy and economic development aligned with their specific interests. Combining critical analysis and foresight, this article highlights the benefits of being able to navigate complex international contexts and promote innovative strategies for a multipolar future.

03.08.2024 Farzad Bonesh

The International Transport Corridor (INSTC) was established in September 2000 by Iran, Russia, and India in St. Petersburg. The corridor expanded with the admission of 13 major corridor member countries such as Azerbaijan, Belarus, Armenia, Kazakhstan, Kyrgyzstan, Oman, Russia, Tajikistan, and Turkey. INSTC connects India to the Caspian Sea, Russia, and Northern Europe through Iran. By bypassing the Suez Canal, INSTC is 40% shorter and 30% cheaper than traditional routes in terms of distance and time.

25.07.2024 Ksenia Muratshina

The transition to the use of national currencies in trade and economic cooperation and the rejection of the dollar’s dominance in international trade are becoming more common in the vast expanses of modern Asia. What contributed to this process, and why is de-dollarisation attractive for national economies?

25.07.2024 Mikhail Gamandiy-Egorov

According to Chinese experts, relations between the People’s Republic of China and the Russian Federation will not only maintain the stability that characterizes them, but more than that – will also continue the expected growth. This fact is not only of crucial importance for bilateral relations between Moscow and Beijing, but at the same time plays a major role at the global level – within the framework of mutual complementarity and the strengthening of the multipolar world order.

11.07.2024 Taut Bataut

The first phase of the China-Pakistan Economic Corridor (CPEC) – the flagship project of the Belt and Road Initiative (BRI), has been completed and the project has entered into its second phase. This phase provides great opportunities for Pakistan, China, Africa, the Gulf States, and the Central Asian countries to increase their mutual trade and connect with the rest of the world in a much more secure and efficient way, decreasing their trade cost and increasing security.

10.07.2024 Salman Rafi Sheikh

The Saudi decision not to renew the 50-year-old petrodollar system is both a symptom of the gradual erosion of the US-led and US-centred global financial order and indicates the imminent arrival of alternative systems of financial transactions in currencies other than the USD. This is, at one and the same time, both a collapse of the existing world order and the establishment of a new, alternative, multipolar world order.

16.06.2024 Abbas Hashemite

The China-Pakistan Economic Corridor (CPEC) is the flagship project of China’s Belt and Road Initiative. The project provides multiple benefits not just to China and Pakistan but to the whole region. However, the project faces multiple hindrances due to the opposition of different regional and extra-regional state and non-state actors. Different terrorist organizations have targeted Chinese engineers working on the CPEC multiple times, allegedly, at the behest of rival states…