LEADING FOREIGN COUNTRIES EXPERIENCE IN BUILDING GEO-ECONOMIC COOPERATION

Abstract

Russia’s invasion of Ukraine has exacerbated the Covid-19 pandemic, causing devastation, slowing growth, and raising inflation. High food and energy prices are putting a strain on households all over the world. Tightening financial conditions are putting additional strain on highly indebted nations, businesses, and families. In the face of persistent disruptions, countries and businesses are rethinking global supply chains. Add to this the sharp increase in financial market volatility and the ongoing threat of climate change, and we have a potential confluence of disasters.