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SERGEY TSUKHLO: “INVESTMENT PLANS OF ENTERPRISES HAVE GONE THROUGH UNPRECEDENTED DROP IN MARCH”

01 april 2022

According to Kommersant, the final version of the economic surveys of Russian industry in March 2022 conducted by the Gaidar Institute (IEP) contains not only estimates of the current situation, but also expectations of companies. The investment plans of enterprises experienced an unprecedented decline in March (see chart), says Sergey Tsukhlo, Head of Business Surveys Department of the Gaidar Institute.

NATALIA SHAGAIDA SPOKE ON WHY CONTROLS SHOULD NOT BE TIGHTENED IN AGRIBUSINESS

01 april 2022

The Accounts Chamber audited the effectiveness of subsidies provided to agro-industrial complex (AIC) and revealed violations worth over Rb 1bn. None of the audited regions fully met the terms of the agreement to increase and maintain agricultural production volumes. Moreover, Rb 17mln had been spent indicating damage to the state's economic interests. Natalia Shagaida, Head of Agrarian Department of the Gaidar Institute, told Profil” magazine why the controls should not be tightened.

ALEXEY VEDEV: “HOUSEHOLDS NEED STATE FINANCIAL SUPPORT”

31 march 2022

According to ABN, Russia has announced additional indexation of the minimum wage (MMW) and subsistence level (SL), Alexey Vedev, Head of Financial Studies Department of Gaidar Institute, believes that such support measures may prove insufficient in the context of disproportionate price growth, a possible drop in living standards, and a 20% key rate.

SANCTIONS HAVE NOT YET GENERATED GROWTH IN UNEMPLOYMENT

31 march 2022

Economic sanctions and the suspension of the activities of companies have not yet led to a significant increase in unemployment, as most companies retain their employees and continue to pay them all or part of their wages. There are risks of a gradual rise in unemployment amid the decline in hiring, notes Victor Lyashok, candidate of economic sciences, senior researcher at the Department of Pension System Research and Actuarial Forecasting of the Social Sphere, INSAP RANEPA.

NATALIA SHAGAIDA: “HOW RUSH DEMAND AFFECTS ECONOMY"

23 march 2022

Natalia Shagaida, Head of Agrarian Department of the Gaydar Institute, told the ”Sekret firmy” journal, whether customers’ behavior is rational amid sharply increased demand for certain goods.

SERGEI TSUKHLO: “THE INDUSTRY IS ENTERING A NEW CRISIS IN MARCH”

18 march 2022

The first estimates of the industrial optimism index in March “do not give grounds at the first sight to assess the situation as catastrophic,” Sergei Tsukhlo, Head of the Business Surveys Laboratory, Gaidar Institute noted in an interview to the Kommersant daily.

NATALIA SHAGAIDA: “IF RUSSIA AND THE WEST DO NOT LIFT RECIPROCAL SANCTIONS, THE FOOD SITUATION WILL BE SEVERE”

17 march 2022

Natalia Shagaida,  Head of the Agricultural Policy Department, Gaidar Institute commented to «Ura.ru» on the news that the RF Government was preparing for possible food price rises because of the trade war of the West with Russia. With this aim in view, Mikhail Mishustin, RF Prime Minister introduced a temporary ban on exports of sugar and grain from March 15, 2022 and ordered to increase imports of food.  

ALEXEI VEDEV TOLD HOW TO SELL ASSETS ON THE MOSCOW EXCHANGE

15 march 2022

The Federal Press published the opinion of Alexei Vedev, Head of the Financial Studies Department of the Gaidar Institute on how to sell equities while trading was suspended on the Moscow Exchange.

NATALIA SHAGAIDA: "WITH NORMAL DEMAND, THERE ARE NO GROUNDS FOR FOOD SHORTAGES”

14 march 2022

In her interview to Klub Regionov, Natalia Shagaida, Head of the Agricultural Policy Department of the Gaidar Institute said that with normal demand there was no reason for concern about shortages of sugar, cereals and flour.

ALEXEY VEDEV SPOKE ON WHETHER THE YUAN SHOULD BE CONSIDERED A PROTECTIVE CURRENCY

09 march 2022

In the context of the Central Bank's restrictions on euro and dollar transactions, Russian investors may focus on the yuan. "RBC Investments” asked Alexey Vedev, Head of Financial Studies Department of the Gaidar Institute, where to find China's currency and see if one can make profit.

ALEXEY VEDEV: “CENTRAL BANK IS NOT REJECTING ITS OBLIGATIONS ON HARD CURRENCY”

09 march 2022

Currently, the key determinant in the financial markets is the uncertainty, and the introduction of restrictions on cash currency by the Central Bank is a reasonable step. Alexey Vedev, Doctor of Economic sciences, Head of the Financial Studies Department of the Gaidar Institute, shared this opinion with Lenta.ru.

NATALYA SHAGAIDA: “FOOD PRODUCERS GIVE UP DISCOUNTS AND CUT BACK ON RANGE"

07 march 2022

Food producers in Russia are giving up discounts and optimizing their assortment due to ruble devaluation and Western sanctions. This will enable them to cut costs and rationally use raw materials, “Agroinvestor” writes. According to Natalya Shagaida, Head of Agrarian Department of the Gaidar Institute, consumers are quite resilient to such stress, judging by the reaction after the 2014 food embargo.

ALEXEY VEDEV RECOMMENDS NOT CHANGING JOBS AT THIS TIME AND MANAGE FUNDS CAREFULLY

06 march 2022

A number of countries have announced economic sanctions against Russia, and many foreign companies decided to withdraw from domestic market. Alexey Vedev, Doctor of economic sciences, former Deputy Minister of Economic Development of the Russian Federation, talking to TASS, recommended switching to a "savings-based consumption model": not seeking to change jobs if possible, as well as avoiding loans and managing money carefully to mitigate the consequences of the current situation.

NATALYA SHAGAIDA: “NECESSARY PRODUCTS CAN BE IMPORTED FROM CHINA FOR THE TIME BEING”

04 march 2022

Russian food producers are looking for replacements for imported ingredients, “Agroinvestor” writes. Natalya Shagaida, Head of Agrarian Department of the Gaidar Institute, believes that the necessary products can be imported from China for the time being.

SERGEY DROBYSHEVSKY ON THE GOVERNMENT DECISION ON RESTRICTIONS FOR FOREIGN INVESTORSG

04 march 2022

”Izvestia” published a commentary of Sergey Drobyshevsky, Scientific Director of the Gaidar Institute, on the government decision to introduce restrictions on foreign investors.