Tokyo would have to surmount a lot of obstacles—not least Western sanctions—if it wanted to return Russian oil imports to even modest pre-2022 volumes.
Vladislav Pashchenko
Source: Carnegie
Nancy Birdsall and Augusto de la Torre with Rachel Menezes
Transcript of the event
The Washington Consensus , which focused on structural adjustment and growth, has dominated economic policy change for over a decade worldwide. But times have changed. A new consensus has emerged that assigns high priority to reducing poverty and improving equity. This report sets out economic policies—10 domestic and one international—that would transform this consensus into political reality in Latin America.
Washington Contentious: Economic Policies for Social Equity in Latin America spells out the findings of the Commission on Economic Reform in Unequal Latin American Societies sponsored by the Carnegie Endowment for International Peace and the Inter-American Dialogue
Former Senior Associate
Rachel Menezes
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
Tokyo would have to surmount a lot of obstacles—not least Western sanctions—if it wanted to return Russian oil imports to even modest pre-2022 volumes.
Vladislav Pashchenko
For the Middle Corridor to fulfill its promises, one of these routes must become scalable. At present, neither is.
Friedrich Conradi
Powerful lobbyists and inertia led to Russia’s coal-mining sector missing an excellent opportunity to solve its structural problems.
Alexey Gusev
Although Ukrainian strikes have led to a noticeable decline in the physical volume of Russian oil exports, the rise in prices has more than made up for it.
Sergey Vakulenko
The future trajectory of the U.S.-Iran war remains uncertain, but its impact on global energy trade flows and ties will be far-reaching. Moscow is likely to become a key beneficiary of these changes; the crisis in the Gulf also strengthens Russia’s hand in its relationships with China and India, where advantages might prove more durable.
Sergey Vakulenko