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EVGENY GORYUNOV: “THE BANK OF RUSSIA TURNS TO SOFT MONETARY POLICY”
22 june 2020
The Board of Directors of the Central Bank reduced the key rate from 5.5 to 4.5% and announced the possibility of further reduction. The existing rate is the lowest in the history of this instrument and its sharp reduction proves the switch of the Bank of Russia towards soft monetary policy.
EVGENY GORYUNOV: “WHAT DOES THE RECORD REDUCTION OF THE CENTRAL BANK KEY RATE PROVE?”
19 june 2020
Evgeny Goryunov, Researcher of the Gaidar Institute, spoke in an interview to radio “Sputnik”, how the reduction of the Central Bank key rate will influence the life of Russians.
VLADIMIR NAZAROV: “TO FIGHT THE POVERTY, WE NEED A SYSTEM TO IDENTIFY LOWER-INCOME PEOPLE”
18 june 2020
In Russia, it was proposed to introduce new payments in favor of single-parent families; this measure envisages a monthly compensation in the amount of at least two minimum subsistence wages per person. In his interview to the Govorit Moskva Radio Station, Vladimir Nazarov, Deputy Head of the International Department of Healthcare and Healthcare Reforms, Gaidar Institute, said that in calculations it is necessary to take into account the specific parent’s income and property.
NATALIA KORNIENKO: “THE IDEA OF INCREASED TAXATION WILL UNDERMINE THE REMAINING ACTIVE ECONOMIC AGENTS”
18 june 2020
The Government has returned to the idea of charging an increased tax rate from the well-off Russians. The authorities consider an option of increasing the individual income tax rate from 13% to 15% for wealthy Russians. Also, it is reported that the increased tax rate may be applied to individuals’ annual income of Rb2-3 million.
ALEXEI VEDEV: “NEW IDEAS ARE NEEDED TO ACHIEVE SUSTAINABLE GROWTH RATES”
16 june 2020
In his interview to the NM Channel, Alexei Vedev, Head of the Financial Studies Department, Gaidar Institute, Former Deputy Minister of Economic Development told about the specifics of the current economic crisis and the ways of exit from it amid the coronavirus pandemic, as well as the situation in the banking sector and on the Russian labor market.
ALEXANDER KNOBEL: “NON-OIL AND GAS EXPORTS DEMONSTRATE GOOD DYNAMICS”
14 june 2020
The Argumenty i Fakty daily published the opinion of Alexander Knobel, Head of the International Trade Department, Gaidar Institute. According to Alexander Knobel, non-oil and gas exports demonstrated good dynamics in the past few years. As regards the International Cooperation and Exports national project, its volume is expected to increase by nearly 100% by the year 2024, that is, from $135bn to $250bn.
ALEXEI VEDEV: “IT WILL TAKE AT LEAST THREE YEARS FOR THE RUSSIAN ECONOMY TO RECOVER”
10 june 2020
In its article, the Invest Foresight business magazine published an economic forecast which Alexei Vedev, Head of the Financial Studies Department, Gaidar Institute presented at the meeting of the FBK Economic Club dedicated to the topic: “Russia without Oil: Prescriptions for Survival.”
ALEXANDER DERYUGIN: “HOW THE PANDEMIC AFFECTED THE RUSSIAN BUDGET”
10 june 2020
The Vedomosti daily presents the findings of the study carried out by Alexander Deryugin, Researcher of the Budget Policy Department, Gaidar Institute, in which he analyzed the effect of antiepidemic measures on regions’ financial situation (see the Online Monitoring of Russia’s Economic Outlook, Issue No.14 (116) May).
ALEXEY VEDEV: “HYBRID TARGETING PROVIDES THE HIGHEST AND THE BEST MACROECONOMIC EFFECT”
09 june 2020
Alexey Vedev, Head of Financial Studies Department of the Gaidar Institute, spoke in an interview to “Infrastructure Economic Center” Consulting Agency about advantages of “hybrid” targeting against pure inflation targeting, anti-crisis government measures and medium-term prospects of Russian economy.
ALEXANDER KNOBEL: IT IS NECESSARY TO SET THE GOAL – TO JOIN THE WTO AS A BLOC
02 june 2020
On May 29, 2020, within the framework of the “In Search of the New Architecture of Multipolarity: The Eurasian Economic Union’s International Cooperation” Round Table held at the NRU HSE Alexander Knobel, Head of the International Trade Department told about the main issues faced by the Eurasian Economic Union (EEU) and the ways of solution thereof.
ALEXANDER DERYUGIN: MOSCOW SAVED REGIONS OF THE NORTH CAUCASIAN FEDERAL DISTRICT FROM THE BUDGET CRISIS
01 june 2020
Having studied the fiscal capacity of the regions based on the results of 4 months of 2020, Alexander Deryugin, Researcher of the Budget Policy Department, Gaidar Institute has come to a conclusion that Moscow saved regions of the North Caucasian Federal District from the budget crisis through the advanced allocation of fiscal transfers. Alexander Deryugin’s opinion was published by the Aktsenty online news outlet.
ALEXEI VEDEV: ECONOMIC FORECAST FOR JUNE 2020
30 may 2020
The Kommersant daily published an economic forecast for June. Alexei Vedev, Head of the Financial Studies Department, Gaidar Institute answered the following questions: What is the US Dollar/RUB exchange rate going to be? How will global prices of oil change? What will the inflation rate be? What is the US Dollar’s and Euro’s behavior going to be like on the global forex market?
SERGEI BELEV: INTRODUCTION OF THE COVID-TAX IS INFEASIBLE WITHOUT THE RF TAX CODE BEING AMENDED
28 may 2020
Sergei Belev, Head of the Budget Policy Department, Gaidar Institute has shared his views with the Rossiiskaya Gazeta publishers on infeasibility of the arbitrary introduction of the COVID-tax in Russia as it is practiced by entrepreneurs in Italy.
ALEXANDER DERYUGIN: US SANCTIONS AGAINST THE RUSSIAN FEDERATION AS AN INSTRUMENT OF FIGHTING FOR VOTES
26 may 2020
Alexander Deryugin, Researcher of the Budget Policy Department, Gaidar Institute believes that the US may resort to anti-Russian sanctions after the launch of the election campaign. The expert shared his views on that with the Izvestia daily.
IRINA STARODUBROVSKAYA: COMPLIANCE WITH THE LOCKDOWN REGIME DURING THE EID-AL-FITR PERIOD IS A TEST OF PUBLIC CONFIDENCE IN THE AUTHORITIES
25 may 2020
Irina Starodubrovskaya, Director of the Center for Political Economy and Regional Development, Gaidar Institute provided her comments to the Kavkazsky Uzel publishers on the introduction of limitations on the Eid-al-Fitr festivities in the North Caucasian republics because of the outspread of the coronavirus.
STEPAN SEMTSOV: SMALL AND MID-SIZED BUSINESSES ARE ON THE BRINK OF BANKRUPTCY
25 may 2020
Stepan Zemtsov, Senior Researcher of the Innovation Economy Department, Gaidar Institute told the Nezavisimaya Gazeta daily that the reduction of revenues of the business amid the coronavirus pandemic affected badly the small and mid-sized business sector.