Delegation of the European Union to Russia

EU and Russian experts to discuss economic challenges

Moscow , 31/10/2019 - 12:25, UNIQUE ID: 191031_8
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The Delegation of the European Union to the Russian Federation is bringing together leading economic experts from the EU and Russia to a seminar “Russian Economy at the Crossroads: How to Boost Long-Term Growth” on 7 November 2019 in Moscow. The event will be opened by EU Ambassador to Russia Markus Ederer, and the keynote speech will be delivered by Alexander Morozov, Director of research and forecasting at the Central Bank of Russia.

The speakers at the seminar are Marek Dabrowski (Bruegel Institute), Elena Flores (European Commission), Alexey Vedev (Russian Academy of National Economy and Public Administration), Niclas Poitiers (Bruegel Institute), Alexander Daniltsev and Alexander Larionov (both from the Higher School of Economics), Dmitry Polevoy (Russian Direct Investment Fund), and Yaroslav Lissovolik (Sberbank).

 

In the wake of the global economic and financial crisis, countries around the world have been trying to address economic challenges with a view to returning to the path of economic growth. There is no single, simple answer, no growth button that can be pushed, and no one-size-fits-all solution. In Russia, the government has articulated a set of policy objectives for the next six years. These include raising GDP growth above the global average and cutting poverty in half by 2025. Investment should increase to 25% of GDP, from 21–22% now. To achieve these objectives, public spending on infrastructure, health, and education would increase, and the state’s footprint in the economy would fall, particularly in the banking sector. But are additional reforms necessary to further boost productivity and investments in line with government targets? What are the factors determining Russia’s long-term growth? These and other important issues will be discussed during the seminar.

 

When: 7 November 2019, from 14:15 until 18:00

Where: EU Delegation to Russia (Kadashevskaya nab., 14/1, Moscow)

Working languages: English and Russian with simultaneous interpretation

 

The event is open to media representatives.

For registration: delrus-pressoffice@eeas.europa.eu

 

 

Background: 

 

The seminar is co-organized by the Delegation of the European Union to Russia and Bruegel. It builds on the success of EU-Russian experts' dialogues, particularly under the EU-Russia Expert Network on Foreign Policy (EUREN), initiated by the EU Delegation to Russia in 2016, and expands it to the realm of economic and trade issues.

 

Bruegel is the European think tank that specializes in economics. Established in 2005, it is independent and non-doctrinal. Bruegel’s mission is to improve the quality of economic policy with open and fact-based research, analysis and debate.

 

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