<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.
Russia has threatened to cut gas supplies to Ukraine on January 1st if a $2 billion gas debt is not resolved, and both countries stand to lose if they fail to reach a settlement in time. Carnegie experts in Washington and Moscow discuss the implications of the dispute for regional stability, European energy security, and Russia’s relations with the West.
Although it is South Ossetia and Abkhazia that have been receiving most of the world’s attention this fall, Russia’s own north Caucasus region should not be ignored. In fact, Carnegie’s Alexey Malashenko predicts that this area of Russia is likely to experience serious turbulence in the coming year.
The past three months have been a turbulent time for the Russian Federation, marked by the Russia-Georgia conflict, global financial crisis, and U.S. presidential elections. Carnegie's Nikolai Petrov explains how the government’s response has illustrated that modernization from above will not occur in Russia.
As the international system becomes increasingly multi-polar, Russia and the European Union must find ways to cooperate with one another and engage in dialogue on issues that create strain between them, such as missile deployment in Poland.
Both U.S. presidential candidates support the strengthening of strategic cooperation between Russia and the United States, and consider the development of nuclear programs in Iran and North Korea to be unacceptable.
Experts discussed how the West can move forward with its relationship with Russia in the aftermath of the Georgian conflict.
Expectations are running high for major changes in the next U.S. administration's foreign policy, but how much change is likely, and will it be enough to close the gap between America and the world? Top experts from the Carnegie Endowment and elsewhere discussed this question during a two-day conference in Brussels. <BR>