2017-01-12 Oleg Shibanov Gaidar Found

On January 12, 2017 NES professor Oleg Shibanov presented on the first day of the prestigious Gaidar Forum "Russia and the World: the Choice of Priorities,” which is taking place in Moscow, in the expert round table "Qualitative Changes of Financial Institutions in Russia for 25 years.”
In his presentation NES professor Shibanov addressed the issue of "bad assets" in Russian banks’ portfolios. He reminded that Central Bank revoked 300 licenses since 2013, which is exactly one-third of Russia's banking system. According to him, the central issue is not whether it may seem as “a lot” or “a little,” rather to what extent exactly has the banking system cleared itself off the banks, attributing said “bad assets” on their balance sheets as performing.  According to some estimates, "holes” in balance sheets may potentially be discovered in the remaining half of the operating banks. Nevertheless, Oleg praised the Central Bank's work during the recent turbulent weather in the nation’s economy at large as “efficient,” and which “contributed” to the preservation of macroeconomic stability and kept the inflation at low levels.
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On January 13, NES Professor Andrei Markevich took part in panel discussion "1917-2017 years: History Lessons of the Past Century.”  Panelists discussed a wide range of issues related to both the prerequisites of the revolution of 1917 and its consequences and their impact on modern society.
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NES professor Natalia Volchkova presented at the panel discussion "Trade and Economic Strategy of Russia's Development and EAEC in Modern Conditions” on January 14. Speaking about the problems hindering the development of the EAEC, professor at the New Economic School, Director of Applied Research Centre for Economic and Financial Research Natalia Volchkova noted several issues in the export-import strategy of the Union members. First, low export diversification. Second, the EAEC member states create a very low added value. This, in particular, is reflected in the fact that the share of imports in the production of export products is very low. In Russia, for example, - 9.36 percent. Source: >>>  Presentation: >>>




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