The COVID-19 pandemic could not have come at a worse time for the global economy. If history is any guide, the current period of deglobalization, public indebtedness, weakening growth, and the expanding economic role of governments does not bode well for sustainable GDP growth.
NEW YORK – As the world grapples with the COVID-19 pandemic and its economic fallout, it is time to start thinking about the potential barriers to global growth in the post-pandemic era. Governments have ballooned as a result of the crisis, and it will be the state’s job to shepherd the economy toward recovery as the private sector’s contribution to GDP will shrink.
At the same time, major industries that have become more concentrated – particularly in the technology sector – will experience increased regulatory pressure, potentially leading to breakups. The broad trend toward deglobalization will accelerate, undermining trade, capital flows, immigration, and the spread of ideas. The multilateral institutions that have governed the global economy for 75 years will continue to be sidelined.
The President of the Center for International Relations and Sustainable Development (CIRSD), Vuk Jeremić delivered a lecture at ADA University, Azerbaijan’s top-tier educational institution entitled "Geopolitics of the Balkans and How it Relates to the Caucasus”.
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Vuk Jeremić lectures at the Diplomatic Academy in Vienna
At the invitation of the Diplomatic Academy in Vienna, one of the most prestigious and oldest schools on the European continent, CIRSD President Vuk Jeremić delivered a lecture entitled “(Geo)politics of the Balkans: The Revenge of History”, on February 7th, 2023.
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Prof. Sachs: “Sanctions against Russia ineffective and contrary to international law”
CIRSD had the privilege to host one of the world’s brightest minds and most famous economists – Prof. Dr Jeffrey Sachs in a live discussion titled "The winter of Our Discontent".
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Central Asia: The Age of Reform
The Center for International Relations and Sustainable Development (CIRSD) co-organized a conference on December 7, 2022, titled “Central Asia: The Age of Reform” at the Diplomatic Academy of Vienna, one of the most prestigious and oldest (1754) schools in Europe.
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