Countering traditional notions of balance-of-power theory, smaller states have not joined together militarily to oppose the United States' rising power at the end of the Cold War, Chinese aggression in the South China Sea, or Russian offensives along its Western border.
Asia-Europe meetings have been held for over a decade, but they are becoming increasingly relevant. Partners from both continents want to work together more closely, so they can combat challenges to globalization and multilateralism.
Companies close to the Kremlin are creating a monopoly on data in Russia. Although the data market has yet to take shape, it has already been turned into a monopoly by the president’s decisions. Competition takes a back seat to matters of national importance.
Russia’s crony-capitalist economic model requires an ever-increasing volume of funds to be burned on lavish mega-projects that generate huge profits for a dozen families close to the Kremlin. Now it seems to be pensioners’ turn to make the sacrifices needed to finance the appetites of Russia’s new aristocracy.
Nonresident Scholar Geoeconomics and Strategy Program
Rozlyn C. Engel is a nonresident scholar in the Geoeconomics and Strategy Program at the Carnegie Endowment for International Peace, where she focuses on macroeconomic risks, U.S. economic policy (foreign and domestic), long-term economic trends shaping the global security landscape, and economic intelligence analysis.
Lehne is a visiting scholar at Carnegie Europe in Brussels, where his research focuses on the post–Lisbon Treaty development of the European Union’s foreign policy, with a specific focus on relations between the EU and member states.
Meddeb is a nonresident scholar at the Carnegie Middle East Center, where his research focuses on economic reform as well as the political economy of conflicts and border insecurity across the Middle East and North Africa.
Paul Stronski is a senior fellow in Carnegie’s Russia and Eurasia Program, where his research focuses on the relationship between Russia and neighboring countries in Central Asia and the South Caucasus.