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Russia’s unprovoked war against Ukraine has accelerated the division of the world into two blocs, one comprising the world’s democracies, and the other its autocracies. This, in turn, has exposed the risks inherent in economic interdependence among countries with clashing ideologies and security interests. And although the coming deglobalization process will leave everyone
Globalization interwove economies of very different nations, now coming apart as autocracies ally with the Kremlin and democracies stand with Ukraine.
Among the central issues the incoming U.S. presidential administration will face as it formulates policy toward China is the interconnectedness between the two countries in the spheres of science and technology. U.S. concerns over national security, trade practices, intellectual property, espionage, transparency, and human rights all have contributed to calls for everything
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To get a sense of how the global economy may be affected by Russia's invasion of Ukraine, Kirill Shakhnov looks back at the cold war.