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Begin New Search Topic Cold War Political Geography Russia Content Type Commentary and Analysis Publication Year within 10 Years

1. CAN DEBT RELIEF CONSTRAIN REPRESSIVE GOVERNMENTS?

Author:
Brett L. Carter
Publication Date:
10-2022
Content Type:
Commentary and Analysis
Institution:
Political Violence @ A Glance
Abstract:
The African continent is confronting the prospect of a new debt crisis. The COVID-19 pandemic wreaked havoc on government finances. The Russian government’s war against Ukraine has increased the cost of food and energy, and compelled investors to sell off government bonds in emerging markets. Rising interest rates in the United States will increase the cost of borrowing. The Chinese economy is struggling under the weight of Xi Jinping’s “Zero COVID” policy and accumulated real estate debt. In 2015, the International Monetary Fund announced that eight countries were in debt distress. By March 2022, 23 were. In June, public debt ratios reached a 20-year high. Africa’s debt-distressed governments “are unlikely to default” in 2022,” The Economist observed, “but face trouble by 2024.” There is some evidence that the debt crisis is especially acute for Africa’s non-democracies. The impending debt crisis coincides with a general sense that Africa is experiencing a democratic recession. Voters are increasingly subject to intimidation and violence. Incumbent presidents are removing term limits. The longstanding norm against military coups is fading.
Topic:
Cold War, Debt, World Bank, GDP, Repression, and IMF
Political Geography:
Africa, Russia, China, Ukraine, Asia, Democratic Republic of the Congo, and United States of America

2. Unexpected Guests? The Soviet Union and the History of Global Capitalism: An Interview with Oscar Sanchez-Sibony

Author:
Oscar Sanchez-Sibony
Publication Date:
02-2020
Content Type:
Commentary and Analysis
Institution:
The Toynbee Prize Foundation
Abstract:
Capitalism versus Communism. To many, the latter half of the twentieth history was deeply shaped by the confrontation between these two ideological and socioeconomic systems. When the Soviet Union collapsed in 1991, capitalism's triumph was credited to its valorization of money and protection of markets, among other factors; and, as the story continues, Communists failed, in part, because they suppressed markets and globalization. Yet, how much of this historical picture holds true? To Oscar Sanchez-Sibony, a good deal of Cold War histories are founded on generally held misconceptions about the political economy of the Soviet Union. Not only do they ignore the intense engagements between the Soviets and the world, they often miss the mark by neglecting the larger financial and economic architecture that facilitated such exchanges and economic growth in the Union of Soviet Socialist Republics (USSR). There is a larger story to be told about the rise of global capitalism and the Soviet Union. These are the themes of Red Globalization: The Political Economy of the Soviet Cold War from Stalin to Khrushchev (2014). Making use of archival documents from Russian archives, Sanchez-Sibony provides a rich account of how a young Bolshevik state navigated through the world's economic crises, while seeking favorable trading partners in the West for investments. This interview also ventures into topics and figures such as Depression Stalinism, Anastas Mikoyan, and Soviet-Global South relations. This book provoked much debate, and will be a must-read for years to come for anyone interested in histories of the Soviet Union, global capitalism, and the global Cold War. Oscar Sanchez-Sibony is Assistant Professor of History at the University of Hong Kong, where he teaches and researches subjects in Soviet history, Stalinism, and capitalism. He received his Ph.D. from the University of Chicago under the guidance of Sheila Fitzpatrick. Toynbee Foundation had the pleasure to talk with him about his career and the development of his research.
Topic:
Cold War, Communism, Globalization, History, Capitalism, and Global Political Economy
Political Geography:
Russia and Soviet Union

3. Putin's Russia in the transition of the world's order

Author:
Marcelo Montes
Publication Date:
05-2019
Content Type:
Commentary and Analysis
Institution:
Argentine Council for International Relations (CARI)
Abstract:
We will examine how Putin's Russia has accepted the rules of the liberal international order and managed to take advantage of them, enduring the long and difficult post-Soviet transition, in peace and with its integrated territory.
Topic:
Cold War, Liberal Order, Nation-State, and Post-Socialist Economies
Political Geography:
Russia and Soviet Union