E. Gontmakher, Institute of World Economy and International Relations, Russian Academy of Sciences (IMEMO), 23, Profsoyuznaya Str., Moscow, 117997, Russian Federation (e.gont@mail.ru)
Abstract. Modernization is not just a sum of concrete material projects, nor can it be limited by technological projects. Democracy and market economy are indispensible for creating a modern society in Russia. European values cannot be ignored. At the same time, it is impossible to forget that an intense conflict is going on along the line North-South, exacerbated lately by the rise of terrorism.
Keywords: globalization, Russian modernization, civilization of the European type, institutes, world conflict
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