The way of Russia from Washington consensus to Beijing consensus: a sound choice
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Date of publication
09.09.2021
Public year
2021
DOI
10.31857/S020736760016131-3
The way of Russia from Washington consensus to Beijing consensus: a sound choice
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Annotation

The article uses the methodology of world-systems analysis and the theory of sys-temic cycles of capital accumulation to spotlight the turning point of the modern era in connection with the unfolding change in the dominant world economic order. The intensification of the US hybrid war against China and Russia is seen as an inevitable consequence of the completion of a systemic cycle. A comparative anal-ysis of the outdated "Washington consensus" is carried out, as well as of the "Bei-jing consensus" that is superseding it. The need for the multidimensional integra-tion of Russia into the Asian world economic order is justified as a way to strengthen her national security and to ensure sustainable economic development in the foreseeable future.

About authors
S. Kapkanshchikov
Head of the Department of Economics of Ulyanovsk State University
Ulyanovsk State University
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