Maxim Vorobyev, Director of Analytic Research of the International Trade and Integration Research Center (ITI), gave a lecture on main geopolitical trends for the finalists of the Young Talents of Orlovschina contest held annually in Oryol Oblast. The principal aim of the contest is to build a talent pool in the region in accordance with the interests of businesses and the state. The lecture took place on October 18 in Oryol on the premises of the Central Russian Institute of Management, Branch of RANEPA.
The purpose of the lecture was to give the audience an understanding of the current trends in global trade and economy, their relationship to the real sector of the economy, and their impact on regional producers as geopolitical and geo-economic issues play an important role in strategic planning of businesses.
The lecture contained an analysis of strategic approaches in trade policies of the US and China, two major players in global economy today, who make their own rules and play by these rules.
Maxim Vorobyev gave a retrospective overview of various formats and instruments of solving the tasks currently faced by all countries of the world. Also, the speaker touched upon the main items on the agenda of the World Economic Forum which is to take place in January 2020 in Davos under the theme of Stakeholders for a Cohesive and Sustainable World. This time, the forum organizers selected the following six key areas: ecology, economy, technology, society, geopolitics, and industry.
A large part of the lecture was devoted to sustainable development, the key concept of the 21st century. This included reviewing a number of policy documents adopted by the UN in recent years which contain key priorities and specific objectives of various countries and nations, as well as qualitative indicators and sets of measures that will enable governments to plan their actions and implement their decisions.
Due to the specific character of the event, the lecture also contained an analysis of the export of Oryol Oblast with visual illustrations of the dynamics of various categories of exports, and a growth forecast for export.