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Jelena Puzović, Ph.D., Head of the JVP Srbijavode Public Relations and International Cooperation Sector

Serbia Must Ensure the Conservation of the Precious Resource That is Water

Public Water Management Company Srbijavode engages in numerous activities aimed at overcoming the challenges brought by climate change – implementing projects to develop and...

Uroš Đorđević, Account Executive, Dell Technologies

Pioneer in the New Era of Digital Tech

Dell Technologies is a corporation that’s oriented towards technological innovation and keeps pace with technological trends in every sense, which includes AI Speaking in this...

Ana Toskić Cvetinović, Executive Director, Partners for Democratic Change Serbia

The Rule of Law is Vital Ana

Partners Serbia is an organisation that’s dedicated to advancing the rule of law and developing civil society and institutions in Serbia and around the...

Ioanna Batsialou Ph.D., Director and Owner of the Ioanna Regen Polyclinic

Passion is Key to this Job

Ioanna Batsialou Ph.D. is the director and owner of the Ioanna Regen Polyclinic, which specialises in physical medicine, rehabilitation, mesotherapy, aesthetics and anti-aging treatments Our...

Maja Marić, Country Manager Operations, CPI Property Group

Retail Parks Remain Fashionable

A key part of the company culture at CPI Property Group Serbia, which forms part of a family firm that was founded in the...

Vladimir Gligorov, Economist And Political Scientist

Awaiting The Assigning Of Destiny

How political changes will look following contrasting outcomes of the conflict in Ukraine within certain countries, especially Serbia, will depend primarily on political decisions that will be made. Serbian politics is traditionally indecisive, so this time around it will again probably wait for the decisions to be made by others, and the public will complain about the injustice of the world, the western world of course.

The idea of a new world order provides strategic motivation for Russian aggression against Ukraine. The question, of course, is whether the means lead to the end.

What is the end goal? Viewed politically, the Russian authorities are striving for a balance of power that could be called a world council, i.e., the best formal agreement between the great powers regarding the division of spheres of influence and the procedure by which they would agree about governing the world. And how to govern Europe, especially when it comes to Russia and America.

The economic aspect of this strategy is unclear. That’s because it could be the very opposite of trade and investment globalisation, and would be replaced by some kind of regionalism, or economic cooperation within economic blocs. The problem with this is that it’s uncertain whether it would suit China. And alliance with China is certainly an essential condition to even discuss the idea of establishing a new world order.

The aggression against Ukraine was intended to demonstrate that Russian interests must be respected, because it will be seen that the world cannot ignore its military power and importance to the world economy, primarily as a supplier of energy and raw materials, and to some extent also food. The success reflected in the accepting of the establishing of a new world order that would recognise Russia’s global role, and above all its European role, would require (i) the political will of the Russian people, (ii) a swift military victory in Ukraine, and (iii) economic disruption, primarily in Europe, as a result of rising prices of Russian imports.

It isn’t certain whether the new world order that will emerge will be the one that the Russian authorities are striving for or some other. If the second option occurs, a new world order with reduced Russian influence will emerge. When it comes to the Balkan countries, the importance of the European union will increase, as will the damage to those countries that have remained outside it, for one reason or another

As things currently stand, none of these three conditions have been met by the military aggression launched against Ukraine. The occupation of Ukraine is persisting, there is a fear that political support could be lost among the Russian people and the elite, while the economic consequences of very strict, comprehensive and unanimous sanctions are proving tougher for the Russian economy than for Europe’s, not to mention the American economy.

It isn’t certain whether the new world order that will emerge will be the one that the Russian authorities are striving for or some other. If a convincing victory doesn’t come in the war in Ukraine, and the political outcome is detrimental to Russian military goals, coupled with the economic problems that Russia will face, the order that will be established following Russia’s relative failure in demonstrating its might will be detrimental to Russia’s influence in Europe and around the world. This will be partly due, and probably most importantly, to increased unity in the European Union and NATO. China’s influence will increase, particularly if it remains committed to preserving the global economic system, because it has a great interest in exporting and investing in foreign countries. Thus a new world order will be created with diminished Russian influence, which must have consequences for the Russian economy and political scene.

It isn’t difficult to see what the consequences will be for the Balkan countries. The importance of the European Union will increase, as will the damage to those countries that have remained outside it, for one reason or another. How political changes will look like in certain countries, especially in Serbia, will depend primarily on the political decisions that will be made. Serbian politics is traditionally indecisive, so this time it will probably wait for others to make decisions, and the public will complain about the injustice of the world, the West of course.

Slađana Prica, retired ambassador, member of the Forum for International Relations and honorary president of the UNA of Serbia

Diplomatic Response Overdue

The issue of the so-called ‘self-proclaimed’ Kosovo joining Europe’s oldest political organisation has long been an open question. Attempts have been made and lobbying...

Slobodan G. Markovich, Institute for European Studies and Faculty of Political Science

U.S. Elections More Critical for EU Future than EP Elections

While the EU’s right-wing parties are expected to make gains, these gains shouldn’t be expected to substantially alter the composition of the Parliament or...

Ivana Radić Milosavljević, Assistant Professor in European Studies at the University of Belgrade - Faculty of Political Sciences

Not all Right-Wing Parties are Likeminded

The outcome of the European Parliament election is unlikely to cause a dramatic shift in EU policy, particularly foreign policy, but it could hamper...

Rajko Petrović, Research Associate at the Institute of European Studies

The EU Idea is Stronger than the Outcome of Less Important Elections

The electorate’s shift to the right won’t change the nature and essence of the idea of the European Union, and thus neither will it...

First CEBAC Meeting: Election of Secretary General and Future Steps

The inaugural meeting of the Council of European Business Associations and Chambers in Serbia (CEBAC) was held in Belgrade,...

Serbia Leads as Top Apple Exporter to Russia

Russia imported a total of 178,300 metric tons of apples from the beginning of the year until May 26,...

Croatia Leads Europe in Coastal Water Quality

According to a recent report by the European Commission and the European Environment Agency, Croatia has the cleanest coastal...

Montenegro Receives €76 Million EU Investment to Boost Rail Infrastructure

Montenegro is improving its rail infrastructure with a €76 million investment from the European Union. The European Investment Bank...

Construction Begins on German PWO Factory in Čačak

The German Ambassador to Serbia, Anke Konrad, alongside Serbian President Aleksandar Vučić and PWO Group Serbia Director Carlo Lazzarini,...

Croatia Leads Europe in Coastal Water Quality

According to a recent report by the European Commission and the European Environment Agency, Croatia has the cleanest coastal...

Montenegro Receives €76 Million EU Investment to Boost Rail Infrastructure

Montenegro is improving its rail infrastructure with a €76 million investment from the European Union. The European Investment Bank...

Construction Begins on German PWO Factory in Čačak

The German Ambassador to Serbia, Anke Konrad, alongside Serbian President Aleksandar Vučić and PWO Group Serbia Director Carlo Lazzarini,...

Concept Mercedes-AMG PureSpeed

Exciting, energising and breathtaking – the Mercedes‑AMG PureSpeed concept is the highlight in the run-up to the Formula 1™...

Western Balkans Chambers of Commerce Sign Tourism Cooperation Memorandum in US Congress

A landmark Memorandum of Cooperation has been signed at the US Congress, uniting the Chambers of Commerce of the...

Croatia Leads Europe in Coastal Water Quality

According to a recent report by the European Commission and the European Environment Agency, Croatia has the cleanest coastal...

Montenegro Receives €76 Million EU Investment to Boost Rail Infrastructure

Montenegro is improving its rail infrastructure with a €76 million investment from the European Union. The European Investment Bank...

Construction Begins on German PWO Factory in Čačak

The German Ambassador to Serbia, Anke Konrad, alongside Serbian President Aleksandar Vučić and PWO Group Serbia Director Carlo Lazzarini,...

Concept Mercedes-AMG PureSpeed

Exciting, energising and breathtaking – the Mercedes‑AMG PureSpeed concept is the highlight in the run-up to the Formula 1™...

Western Balkans Chambers of Commerce Sign Tourism Cooperation Memorandum in US Congress

A landmark Memorandum of Cooperation has been signed at the US Congress, uniting the Chambers of Commerce of the...
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