The political system set up under Vladimir Putin's presidency is likely to remain in place for the foreseeable future, despite the impact of the global economic crisis and the aftershocks of the 2008 Georgia conflict.
The global financial crisis and leadership changes in both Russia and the United States have led the bilateral relationship to an important juncture. Engagement should focus on mutual areas of economic and security interest.
Georgia’s nearly decade-long reforms and central geographical location between Europe and Asia make the country a valuable business and strategic partner for the West.
A panel of experts on Russia, Europe and NATO discussed what a common European security space would look like, and how it could be created.
Dmitri Trenin and Marina Ottaway discuss new dynamics and old superpower rivalries between the United States and Russia in the Middle East.
The United States must recognize that former Soviet states are and will continue to be an important focus of Russia’s foreign policy, and should take a broader regional view to its relationships with countries in Russia's sphere of influence.
Alexey Malashenko and Johannes Regenbrecht gave a comparative assessment of the European and Russian strategies in Central Asia.
<p>How deep will the Russian economic crisis be and how will it affect the country's economic and political development? What are the paths towards the country's modernization? What are the underlying causes for the rift in the U.S.-Russia relationship and how can the West effectively reengage with Moscow? <br clear='none'></br>To highlight the divergent opinions on Russia's future path, possible Russian responses to the new U.S. administration and the likely direction of the relationship, on February 6, 2009, the Carnegie Endowment for International Peace (Washington, DC) hosted a spirited discussion titled “ Is Russia Ready for Change? ” with Dmitri Trenin and Lilia Shevtsova (Carnegie Moscow Center), joined by Donald Jensen (Johns Hopkins University). <br clear='none'></br> James Collins moderated the event.</p>
The international financial crisis may help sustain Russia's political and economic system in the short-term or it may usher in rapid change. Regardless, it is unsustainable in the long run.
Russia's economic dependence on declining oil revenues has prompted calls to diversify into other industries, but the first step to economic stability is diversification within the oil industry.