Forecast of development of the financial markets of the Russian Federation until 2020

The press service of the Gaidar Institute reports that in the series "Scientific Works" there was prepared a new Institute's research (№ 160) "Forecast of development of the financial markets of the Russian Federation until 2020 (M: Publishing house of the Gaidar Institute 2012. - 84 p.). Authors: A. Vedev and Y. Danilov.


The work is devoted to the actual problem, that is still lacking attention, to the problem of the long-term forecasting of the national financial sector as a part of the economic complex. The issues of linking the forecast of the financial markets development with the forecast of country's comprehensive socio-economic development on the one hand, and with the forecast of development of the global financial market on the other are being examined. Conjectural balances of the most important financial instruments and conjectural institutional balances of the major economy sectors, which in conjunction shape financial balance of the country, are built in this work. On this basis, the forecast of development of financial markets for the period until 2020 is composed. This forecast leans on the assumption of the balanced scenario being realized. In addition, this work identifies the opportunities and terms of conversion to the higher growth rates of the financial market under the condition of maintaining the balance.