DAY ONE, 14:45-16:00
Before the crisis of 2008 the model of economic growth in Russia was based on inflating oil prices and increasing foreign capital inflow. However the model was not sustainable and the changes in the balance of payments reshaped Russia’s economy. In 2009 the country demonstrated the amazing ability to adjust to new conditions and the economy started growing (though, more moderately).
What drives economic growth currently? How sustainable is it? What was the reason of inflation acceleration in 2010 and how does the economy react on it? Does Russia need changes in macroeconomic policy to support the growth? Is the government able to improve the quality of institutions in the country to reduce the red tape?
These questions will be discussed by the top-officials, representatives of the international financial organizations and the independent analysts.