In anticipation of the Russia-Africa Summit and Economic Forum, Andrey Slepnev, General Director of REC, gave his perspective on comprehensive economic cooperation between Russia and African countries.
The global economy is disintegrating into two separate projects: the West and the East. Financial globalization (the Western project) requires a uniform standard for decision-making, whereas industrial globalization (the Eastern project) requires the joining together of diverse interests on the basis of agreements.
The flagship report published by the World Bank examines macroeconomic indicators and global trends in trade and finance, both at global and regional level. The authors assess the current economic situation and give a forecast for the prospects of global and regional economies.