The School of World Economy brings together specialists who take an in-depth look at the processes underlying global economic life and key areas of the world economy. Relevant issues include global governance, economic growth, global finance and energy, resource and environmental problems, the economic specifics of particular regions and countries, as well as integration processes and international trade mechanisms.
School staff combine academic research work with teaching and collaboration with state institutes and businesses, enabling them to give students a comprehensive introduction to fundamental issues and to engage their interest in the intersection of academia and the real world.
Contemporary World Economy
Contemporary World Economy is an academic peer-reviewed journal of the School of World Economy. The journal’s mission is to develop the discipline of world economy and stimulate academic discussion in this field. It is published quarterly in Russian and English.
The journal aims to outline the field of knowledge of 'the world economy' and to become a platform for discussing global economic problems and Russia’s place and opportunities in the global economy. As a bilingual journal, it is also intended to serve as a tool for the exchange of opinions between Russian and foreign authors, bringing the views of Russian economists to their foreign colleagues and the content of international discussions to Russian-speaking audiences.
The journal is aimed at a wide audience and covers a broad spectrum of problems in the contemporary world economy.
Administration
Igor A. Makarov
School Head
Leonid M. Grigoryev
Academic Supervisor
Yulia Sudakova
Deputy Head
Olga Mulenko
Manager
Aleksandra Dorina
Manager
Sections
Petr Mozias
World Economy Section
Valery A. Krukov
Section of Energy and Raw Material Market
Alexey Portanskiy
World Trade Section
Vladimir N. Zuev
Section of Global Economic Regulation
News
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September 06, 2025
Digest of Key Events in Global Telecommunications Sector (August 2025)
Publications
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Book
The Multilateralism of the New Development Bank on the Sustainable Economic Growth in BRICS Nations and Beyond
With recent transformations in the International Order signaling trends toward changes in the various dimensions of power, it is important to reflect on the initiatives of the BRICS grouping, with their challenges and potential. In this context, the functioning of the New Development Bank (NDB), often referred to as the BRICS Bank, needs to be analyzed as one of the central elements of the new trends in multilateralism. Edited by Ndivhuho Tshikovhi, Fulufhelo Netswera, Jiejin Zhu, Bruno De Conti, Rajeev Sijariya, and Maria Apanovich, the book “The Multilateralism of the New Development Bank on the Sustainable Economic Growth in BRICS Nations and Beyond” presents discussions dedicated to unraveling the complex elements of the NDB.
Emerald Group Publishing Ltd., 2025.
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Article
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Book chapter
Climate change and national security in Russia
This chapter describes climate security discourse and practices developing in Russia for the last decade. It reveals that, while Russia faces severe physical risks from climate change, climate change is scarcely perceived as an existential threat among key decision-makers and the population. The country’s climate policies are more focused on adaptation, while its mitigation policy framework is more oriented on helping Russian businesses avoid hurdles on foreign markets, not on significantly cutting emissions. This situation reflects a parallel securitization process, wherein the global green transition is regarded as a threat to Russia’s fossil fuel-dependent economy. These economic considerations, coupled with climate change skepticism and narratives that emphasize the benefits of climate change, have led to the perception of the green transition as a “climate agenda,” i.e., a temporary process imposed on Russia externally. Internationally, Russia opposes the inclusion of climate change in the global security agenda. The chapter concludes that Russia’s climate policy is an outcome of this complex interplay of the two threats, and is characterized by high emphasis on adaptation but little motivation to enhance ambition on mitigation, and by sensitivity to the external political environment and to the remaining interest of certain businesses in voluntary climate efforts.
In bk.: Climate Change, National Security and Geopolitics: Strategies and Responses of Five Major Powers. NY: Routledge, 2026. Ch. 5. P. 82-102.
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Working paper