Navigating the New World Order. Understanding the Implications of Political and Economic Crises

Elizaveta Balakina
School of Governance and Politics, MGIMO University

Albina Kovtonyuk
School of Governance and Politics, MGIMO University

Abstract: This article aims to delve into the current political and economic crises that are giving rise to a new world order. The disintegration of the established global order is leading to a decline in the United States' economic and ideological influence, and capitalism is losing its grip. The article emphasizes the crisis of strategic management in the U.S. and the essence of de-dollarization. The conflict in Ukraine is viewed as an attempt by the U.S. to maintain its reliance on the dollar, while traditional wars are becoming less common and conflicts around the world are escalating. Therefore, certain measures are to be taken by Russian government so as to mitigate the discussed threats and to continue working towards a multipolar world system with Russia's allies.

Key words: political and economic crises, new wars, conventional wars, multipolar system, monetary relations, world order.

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