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Alexey Vedev, Head of Financial Studies Department of the Gaidar Institute and former Deputy Minister of Economic Development of the Russian Federation, shared his thoughts with “Nezavisimaya Gazeta” on how quickly Russia's economy will adapt to the new reality and what kind of structural adjustment it will require. 

Alexey Vedev, Head of Financial Studies Department of the Gaidar Institute, sized up prospects of domestic economy in an interview with ”Kommersant.”

The Ministry of Finance, the Ministry of Economic Development and the Central Bank are discussing a new version of the budget rule and its impact on the exchange rate and the rate of economic growth. Ilya Sokolov, a Leading researcher of the Gaidar Institute, explained to URA.RU that the main function of the budget rule is to control the cap on budget spending and not the exchange rate.

Alexander Deryugin, Researcher of the Budget policy Department of the Gaidar Institute, told ”Davydov.Index” that Russian regional revenues have set a 5-month record, but scenario of further growth is still unlikely.

The total number of livestock in Bashkiria fell by 4.2% in 2021.The number of livestock decreased by 5.9% in private farms. Natalia Shagaida, Head of Agrarian Department of the Gaidar Institute, Doctor of Economic sciences noted to RBC Ufa that reduction in the number of cattle along with growing production of livestock farms is a general trend.

The Kommersant, in its assessment of the pace of industrial production, refers to a study by Sergey Tsukhlo, Head of the Business Surveys Department at the Gaidar Institute.

Natalia Shagaida, Head of the Gaidar Institute’s Agrarian Department, spoke to Forbes on whether it would make sense to invest in projects related to agriculture.

Leading researcher at the Gaidar Institute Ilya Sokolov commented to Ura.ru on the government decision to exempt regions from repaying budgetary loans in 2022.

Import substitution requires private investment and reform of the postgraduate education system, as stated in the feature on the situation in Russian science published in the Nezavisimaya Gazeta. Irina Dezhina, Doctor of Economic Sciences and leading researcher at the Gaidar Institute, notes that if funding for science remains unchanged, the outflow of human resources may increase, and not because of emigration, but due to the fact that many areas of activity look more attractive in some respects than scientific research.

In order to prevent a famine in North Africa, the EU countries are discussing the issue of exporting barley, wheat and corn from Ukraine. Natalya Shagaida, Head of the Gaidar Institute’s Agrarian Department, said in an interview with BFM.RU that the famine will primarily affect African countries, and could cause serious unrest there. 

Finmarket.ru has published data on record values of the index of conflict of the business environment in Q1 2022. According to Stepan Zemtsov, Senior Researcher, Innovation Economics Department of the Gaidar Institute, growth of this index can prove upswing of domestic entrepreneurs.

Stabilizing inflation in the Russian Federation allows Russian authorities to switch to a new phase of monetary policy (MP). Sergey Sinelnikov-Murylev, Rector of the Russian Foreign Trade Academy under the Ministry of Economic Development of the Russian Federation, Academic Director of the Gaidar Institute, shared this opinion with TASS.

Within three months of sanctions aggravation, the largest shortages of stocks of finished products in Russian industry were registered in the chemical, machine building and food industry. Sergey Tsukhlo, Head of Business Surveys Laboratory of the Gaidar Institute, spoke about it to Nezavisimaya Gazeta.

The “Expert” magazine quotes opinion of Natalia Shagaida, Head of Agrarian Department of the Gaidar Institute, as saying that the threat of global hunger is not related to possible food shortages, rather to a decline in the world population incomes due to a drop of economic activity during the pandemic. 

The "Kommersant” continues its series of publications on the state of Russian industry, citing the findings of a study by Sergei Tsukhlo, Head of Business Surveys Laboratory of the Gaidar Institute. 

Having received the report on the Central Bank's monetary policy, “Delovoy Peterburg” cites data showing that demand for loans increased in March and April, while the number of troubled borrowers did not noticeably went up. However, lending dynamics may deteriorate in the coming months due to the deepening crisis caused by large-scale anti-Russian sanctions, said Alexey Vedev, Head of the Financial Studies Department of the Gaidar Institute, at the International Congress of Financiers held in St. Petersburg in late April.