Troika Dialog
Troika Dialog
Troika Dialog
Kenneth Rogoff, Oleg Deripaska are answering the question “Who will Drive Global Growth?” 
Troika Dialog
The Russia Forum 2011 Charity Results 
Troika Dialog
“Agriculture: Is Wheat the New Oil?” Session Recording Added to The Russia Forum 2011 Website 
“Privatization: Charting the Way Forward” Session Recording Added to The Russia Forum 2011 Website 
“Commodities: Pendulum Swings” Session Recording Added to The Russia Forum 2011 Website 
“Brazil has an over-priced currency, China – there is far too much capital there leading to very low returns, and India has a tiny middle class and a huge bulge – that could lead to the problems seen in Egypt… Russia needs to sort out corruption or get poor; grasp the nettle or fall behind.”
“It does not mean that Russia is a paradise for foreign investors, but it is a more open country for foreign investments than most of the other emerging markets.”
“We have a very dire situation in the United States, and every day that goes by it gets worse. Every day that goes by, we’re spending money. We’re increasing that cumulative debt.”
“It is the greatest economic synergy on Earth: China the consumer of resources and Russia on its doorstep.”
“If we don’t see enough liquidity we’ll look into markets from where people are not ready to invest directly in Russia, like London, New York and Hong Kong.”
“From Pericles to 1800, living standards rose only 50%. This has changed radically since the industrial revolution but there is still tremendous potential to catch up in emerging markets. If living standards continuously increase 7% a year in China, over a lifetime they will increase one-hundred fold. This has huge repercussions.”
“The Russian market is an unappreciated market because the Western media has no clue about Russia and is always writing negatively about the political system and corruption when corruption in Europe and the U.S. are as bad as Russia. Technically, I think the market is going to break out on the upside right now and move up at least 10 percent.”
“We see significant interest and are not planning to reconsider this year’s schedule (for privatization).”
“The government is targeting annual investment growth of 7-10%, which would allow the economy to grow faster than 4%. Improvements in the investment climate are a necessary precondition for this to happen, though. Thus, the most important aim for the government is reducing red tape and making progress in the judicial sphere.”
“The financial system will kick back against transparency. Those working in markets see information as power and money, so they depend on a lack of transparency for success.”