Prospects of a Mobilization Economy In the difficult times created by the growth of geopolitical tensions and unprecedented sanctions pressure on Russia, the question of the transition to a mobilization model of the economy is put on the agenda. What is it, and what are its prospects? Doctor of Economic Sciences Igor Nikolaev, Chief Researcher of the Institute of Economics of the Russian Academy of Sciences, shared his vision with…
“Friendly” Currencies Are Becoming a New Reality for Investors “Since the 90s, various gurus have taught the Russian business world and population to distribute assets between the three main currencies – rubles, dollars and euros. Sometimes there was interest in more exotic world reserve currencies – for example, the British pound or the Swiss franc. The military conflict with Ukraine – the sharpest confrontation between Russia and the West since…
Moscow Enterprises Are Increasing Investment Activity Moscow enterprises continue to increase their investment activity. Investments of manufacturing companies in fixed assets in January–June of this year increased in nominal terms by more than 74% compared to the same period last year and amounted to 75.9 billion rubles, according to the investment portal of the city of Moscow. The increase in the volume of investments in the economy of the…
Imprisoned Shares: Will it be possible to unblock foreign securities in the accounts of Russian investors? After February, many Russian investors faced the blocking of their securities due to Western sanctions. According to the Bank of Russia, there are more than 5 million of them. What should they do now? The current difficult situation is analyzed by…
Yevgenia Obukhova The Exchange of the Future: Yuan, derivatives, digital The Moscow Exchange is actively looking for ways to develop under new conditions. This year, the site has faced several serious challenges, and the departure of foreign players is only one of them. Non-resident investors played a significant role only in the stock market – here they accounted for half of the trading turnover. In…
Where and How to Invest in Russia Today: Risks and opportunities Investors love silence and tranquility. Today’s times, however, don’t offer much of either. Nevertheless, business life goes on. Irina Prokhorova, portfolio manager at Otkritie Asset Management Ltd. (“Open Investments”) tells where and how to invest in Russia today. Which sectors of the Russian economy are particularly interesting for investment…
Monetary Policy of the Bank of Russia under Conditions of Dominance of Budget Expenditures “To effectively combat inflation, the Bank of Russia needs an independent monetary policy – and precisely at this time when the independence of monetary policy is under threat. First of all, the boundary between monetary and fiscal policy should be clearly defined,” said Sergey Andryushin, Doctor of Economics, Professor and Chief Researcher…
Certificates of Deposit – A source of “long” money for banks The problem of the lack of long-term resources in Russian banks has long been discussed at various levels of state structures. One of the effective ways to solve it is the introduction of certificates of deposit, says Vasily Solodkov, Candidate of Economic Sciences, Professor, Director of the HSE Banking Institute. Can you explain what the problem is? The bottom…
Sanctions Against Russia: Have their limits been reached? The West has imposed economic sanctions against Russia for years; since the beginning of the special operation in Ukraine, they have become noticeably tougher, and cannot be called anything other than unprecedented. In early autumn, the eighth package of anti-Russian sanctions was introduced. Will there be a ninth, or has the West exhausted its sanctions…
The Russian Market Remains Attractive for Germany A conference dedicated to the half-century anniversary of the Russia-Germany International Society – the legal successor of the USSR-FRG Society established in November 1972 – has been held in Moscow. This event, in the context of an unprecedented imbalance in relations between Russia and the West, falls into the category of extraordinary. This association is today the only remaining Russian channel of “people’s diplomacy” with…