Economic wars and crises: are they inevitable?

April 29, 2025

Yuriy Yakymenko, Razumkov Centre President

Vasyl Yurchyshyn, Razumkov Centre Economic and Social Programmes Director

The world economy has entered a period of deep uncontrolled turbulence. The current transformation of international relations from neoliberal free trade to cruel mercantilism, from an open, rules-based multilateral international order to a world ruled by force has come as a shock to both developed and emerging countries, demonstrating their poor ability to unite and protect economic freedom. The situation is complicated by the fact that the current “perfect storm” is based on the contradictions of the two largest powers – the US and China. And as long as the confrontational waves between the US and China are forming an ever-widening circle of mutual confrontations, it complicates the search for rational, balanced solutions aimed at strengthening the global economy. 

See the full text in the PDF format in Ukrainian here.

 

https://razumkov.org.ua/statti/ekonomichni-viiny-i-kryzy-nemynuchist

Yuriy Yakymenko

President, Editor-in-Chief of "National Security and Defence" Journal


Born in 1967 in Cherkasy

Education:

National Taras Shevchenko University of Kyiv, Faculty of Philosophy (1991)

University of Manchester (the UK), Department of Government, post-graduate course in Political Theory, MA (Econ) (1994)

National Academy of Sciences Institute of Philosophy, post-graduate course in Social Philosophy (1995). The author of about 200 publications

Ph.D. in Political Science (2013). The author of about 40 research papers and more than 200 publications in media

Employment:

1991 – 1995 — Expert in Public Relations of the Ukrainian Union of Afghan War Veterans

1995 – 2002 — Senior Consultant, Chief Consultant, Head of Division, Deputy Head of the Main Department of Domestic Policy of the Administration of the President of Ukraine

Most recent position at State Service — Deputy Head of the Department for Analysis and Prognosis of Home Policy of the Administration of the President of Ukraine. State Servant of the 4th rank

April 2002 – May 2005  — Razumkov Centre Leading Expert, Political and Legal Programmes

May 2005 – November 2011 — Director of Political and Legal Programmes

November 2011 – June 2020 — Deputy Director General, Director of Political and Legal Programmes

June 2020 — ongoing — President of the Razumkov Centre

(044) 201-11-92

yuri@razumkov.org.ua

yuri.yakimenko