Climate change, the threat of the imminent depletion of resources, natural and political cataclysms, wars, and the world economic crisis all lead to the conclusion that we are on the brink of catastrophe. However, we still have a last chance to survive and to preserve the world for ourselves and our descendants. We can do this by stopping conflicts and becoming sincere humanity.
The Planetary Project is a scientific theory and a practical programme of creating a new economic base for a polycentric world in which every country can take its place in the global division of labour and achieve a satisfactory level of life.
We propose a new world design based on a planetary code. This code is universal: it allows cultural diversity and unity in the way humans treat the planet.
It is possible to save the world only if we unite and start taking the right decisions based on reason, spirituality and compromise. If we do not begin this journey right now, it will soon become too late to do it.
Russia - oil accounts for some 13% of Russia’s GDP and a considerable larger share of its exports. There are many predictions of how oil prices will develop in future but one thing is relatively widely agreed upon: the oil price won’t bounce back above 100 USD per barrel in the near future. It is also almost as widely agreed that 2016 will mark the low-point of prices. For example The World Bank expects oil price to recover to 48 USD by 2017. Saudi Arabia - The deficit shrank to 297 billion riyals ($79 billion) in 2016. That was well below a record 367 billion gap in 2015, and below the government
The social sphere, culture and education hardly ever draw investments or become the focus of government care in the so-called “pipeline economy”, or to use a better term, in the economy of rent- and resource-based colonialism.
The world economy is largely a euphemism that masks the basic problem of the global world which consists of markedly uneven markets, social and technological disparities in national economies’ development levels, capital-output ratios and competitiveness. In its direct sense, the concept of the world economy is justified only to the extent that global trade and global logistics exist, which in turn are limited by a number of economically subjective factors.