Global Challenges and National Responses

Abstract

We are witnessing the formation of a new paradigm that will dominate the socio-economic policy of the foreseeable future. This could be seen in 2019, but in 2020 led to a sharp acceleration of transformation processes. With all the differences of individual countries and regions, one can see common challenges, the answers to which will form the contours of this new paradigm. And for all the specific tasks that Russia has to solve, its development is an organic part of the global agenda and depends on the ability to find answers to common challenges. Thirty years ago, the peoples of many developed and developing countries lived with the hope of a speedy advance of a new bright world – a world without threats and confrontations, a free and dynamically developing world.

Keywords: Russian Economy, Economic Growth, Economic Crisis, Economic Policy

JEL Classification: P16, P26, P48