Donald Trump’s victory in the US presidential elections denotes that a new era is underway both in world economy and world policy, Levente Kozma, the former Hungarian senior foreign policy advisor, reported.
In his victory speech, Trump promised to create major infrastructural projects, as well as several million new jobs, according to Kozma.
Kozma added that there was concern that the isolation Trump heralded during his campaign and a limitation of foreign trade relations would dominate his new economic policy and this would lead to deceleration of economic growth.
“Trump’s victory could somehow reward the countries which are already adopting the policies, namely the policies designed to limit the economy’s dependence on external financing”, the expert said. “These policies are mostly found in Eastern Europe”.
As for policy in the South Caucasus, the expert does not see any major reason or indication that Trump’s victory would change the US strategy there.
“The new US administration’s interest towards Azerbaijani energy projects will stay on a high level”, he added. (Trend/Business World Magazine)
