Gaidar Institute Experts Share Their Research Results with the Organization for Economic Co-operation and Development’s Experts

On 19 October, Head of the Center for Real Sector of the Gaidar Institute Georgy Idrisov and Head of the International Trade Department Alexander Knobel took part in the conference ‘Monitoring of Russia’s Economy’, which was held at the Russian Presidential Academy of National Economy and Public Administration (RANEPA).

The conference was participated by experts from the Organization for Economic Co-operation and

Development (OECD), who had come to Moscow to present the results of their study of the Russian economy at the RANEPA Russia-OECD Center. The participants shared their general conclusions concerning the situation in Russia’s national economy and discussed four themes addressed by the OECD study: resource-dependence, regional development, labor productivity, and energy-efficiency development.

The panel discussion ‘Dependence on Raw Materials and Development of Russia’s Economy’ centered around the first theme: resource-dependence. Alexander Knobel spoke of the macroeconomic and institutional aspects of the Russian economy’s development in the context of its resource-dependence.

Georgy Idrisov delivered his presentation in the framework of the panel discussion ‘Labor Productivity’, this being the third theme of the OECD study. In his presentation, he compared labor productivity and total factor productivity (TFP), outlined three problems associated with TFP estimation at a micro-level, and noted that productivity growth across the economy was one of the most important economic growth mechanisms.

The presentation by Alexander Knobel can be viewed here

The presentation by Georgy Idrisov can be viewed here