RUDN Journal of Economics (Mar 2009)

Russia's geopolitical situation in the light of economic modernization tasks

  • V A Shuper

Journal volume & issue
Vol. 0, no. 1
pp. 14 – 22

Abstract

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The steady extension of European Union, according to the opinion of the author, results in decreasing of the integration stability and its economic efficiency. Democracy decline in the contemporary world doesn't permit to consider European Union keep to the ascending trend either. At the same time, the axis of the world development is moving from the Atlantic to the Pacific Ocean. Under these circumstances the main defect of Russian geopolitical position is its extreme weakness particularly in the Far East region. This condition forces to one-sided orientation toward European Union model in the country modernization, though China, India, Japan and Five small dragons could be considered as the base of modernization too.

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