Business programme

Self-Sufficiency and Cooperation: Features of Modern Political Economy

16 Jun , 15:00–16:15
The New Economic Order: Responding to the Challenges of the Time
Valdai Discussion Club Session

Economic globalization determined international development since the 1980s and shaped the world we lived in until recently. However, the contradictions that had accumulated in the economic sphere and, more importantly, in the geopolitical and military-strategic domains, led to a crisis of the global order. This forces states to search for new forms of development and, in some cases, mere survival. Interdependence, once a guarantee of peace and stability, has been weaponized. Meanwhile, resilience and the ability to survive under the most adverse circumstances are indispensable qualities for any state. But autarky is neither a desirable nor a possible form of state existence, because progress requires cooperation in so many ways. What does self-sufficiency mean in the modern world? How does it combine with interaction in different formats?