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On October 25 Academician Alexander Dynkin, President of IMEMO, participated as a speaker in Session 5 "One World in a New Way: Universal Connectivity Without Global Governance”.

Globalization, as it has been arranged since the 1980s, is coming to an end. The world is not losing its economic integrity – the universal interconnectedness remains – but now it will be organized differently. Instead of a centralized system based on a single set of norms, a much more distributed and flexible system is emerging. At the center of it is regional economic cooperation and optimization of logistics and production chains. Will this help correct the flaws that the previous wave of globalization created? First and foremost, the highest level of inequality?

Also among the speakers:

• Umid Abidkhadjaev, Director of the Institute for Forecasting and Macroeconomic Research under the Ministry of Economic Development and Poverty Reduction of the Republic of Uzbekistan (Uzbekistan);
• Jeffrey Sachs, Professor, Director of the Center for Sustainable Development at Columbia University (USA);
• Jacques Sapir, Director of Studies, École des Hautes Études en Sciences Sociales (EHESS) (France);
• Kim Heungchong, President of the Korea Institute for International Economic Policy (Republic of Korea).

The moderator of the session is Dmitry Razumovsky, Director of the Institute of Latin American Studies of the Russian Academy of Sciences.