Conversations with Russia’s Regions Russia: Moderate Growth with Uncertainty; Discussion of the Findings of the Russian Economic Report No. 23
Begins:
Nov 18, 2010 14:00
Ends:
Nov 18, 2010 16:00
INFO
Summary. With heightened uncertainties and moderating global and Western European growth and oil prices, and volatile capital flows, Russia is likely to grow by 4.2 percent in 2010, followed by 4.5 percent in 2011 and 3.5 percent in 2012 as domestic demand expands in line with gradual improvements in the labor and credit markets. Unemployment situation is likely to get worse before it gets better later in 2011. Fiscal risks have risen with likely expenditure pressures and downside risks to oil. While there is huge diversity across regions in the patterns of labor market recovery, smaller regions with a larger share of SMEs, better investment climate, more FDI, and stronger financial sector presence tend to show a more robust recovery.
November 18, 2010, 14:00 – 16:00 Moscow time
This videoconference workshop offers an opportunity for professionals from the World Bank, Russian regional administrations and the expert community to discuss the key findings of Russian Economic Report No. 23 (published on November 2, 2010). The Report presents a review of the latest economic developments in the global economy and in Russia, with particular emphasis on Russia's outlook, including the recent food price shock, global oil market developments, and labor market recovery across Russia’s regions. These two topics—Russia’s latest economic developments and short-term outlook––will be the main focus of the discussion. The Report is officially published on the World Bank Russia Web site www.worldbank.org/russia.
Topics for discussion
Recent economic developments in the global economy and economic and outlook for Russia 2010-11
Unemployment in Russia’s regions: recent developments and prospects
Program Producers
Program Moderator:
Ms. Stepan Titov, Senior Economist, World Bank
Program Producer:
Mr. Zeljko Bogetic, Lead Economist for the Russian Federation, World Bank
For additional information, please contact: Mikhail Bunchuk, GDLN coordinator for Russia and CIS, mbunchuk@worldbank.org, tel. +7 495 745 7000
This program is delivered through GDLN, the Global Development Learning Network, a partnership of distance learning centers worldwide dedicated to development.
PARTICIPATING BY VIDEO CONFERENCE Khanty-Mansiysk Autonomous Region, Perm Krai, Rostov Oblast, Sverdlovskaya Oblast, Tatarstan Republic, Yaroslavl Oblast
PARTICIPATING BY WEBCAST AND CHAT Altaiskiy Krai, Astrakhanskaya Oblast, Buryatia Republic, Chelyabinskaya Oblast, Kirovskaya Oblast, Krasnodar Krai, Tver Oblast, Volgogradskaya Oblast
Program Agenda Moscow time
Time
Presentation
14:00 – 14:05
Welcome remarks, Mr. Pedro Alba, Country Director for Russia, World Bank.
14:05 – 14:10
Introduction of the speakers and overview of the agenda, Ms. Stepan Titov, Sr. Economist, World Bank.
14:10 – 14:20
The findings of Russian Economic Report no. 22 – Part 1, presentation by Mr. Zeljko Bogetic, Lead Economist for the Russian Federation, World Bank (current macroeconomic situation and the outlook for Russia) with comments by Mr. Karlis Smits, Country Economist and Mr. Sergei Ulatov, Economist, World Bank.
14:20 – 14:40
Comments from representatives of the participating Russian regions.
14:40 – 14:50
A comment, (TBC)
14:50 – 15:50
Comments from the representatives of the participating Russian regions, followed by open discussion
15:50 – 16:00
Closing remarks, Mr. Zeljko Bogetic.
Â
Â
SPEAKERS’ BIOS
Sergei Guriev is currently Rector and Morgan Stanley Professor of Economics at the New Economic School (NES) in Moscow. He joined NES in 1998 focusing on research and teaching, became a full-time permanent faculty member in 1999 and rector in 2004. He is also teaching graduate courses in economics of development, microeconomic theory and contract theory.
Mr. Gureiv's primary interests are in contract theory, corporate governance, labor mobility, political economics, economics of development and transition. His work is frequently published in various Russian and international journals, including American Economic Review, Journal of European Economic Association and Journal of Economic Perspectives. He is currently running a monthly column in Forbes Russia and a biweekly column for the leading Russian business daily Vedomosti. He has also contributed numerously to columns in the New York Times, Smart Money, Moscow Times, and Expert.
Mr. Zeljko Bogetic, the World Bank’s Lead Economist and Country Coordinator for Economic Policy for Russia, is the main author and editor of the Russian Economic Reports, periodic analysis of Russia’s economic developments and policies. He had previously served as the lead economist in the Africa Region of the World Bank, and has also worked at the World Bank and the IMF on a number of countries in Eastern Europe, Central Asia, South Asia, and the Caribbean. He has published books, scholarly articles, and papers and contributed frequently to international and development conferences on a range of topics such as the impact of the global crisis on Russia, macroeconomic stabilization, public finance reforms, infrastructure and growth, tax policy, expenditure policy, dollarization and currency boards, and fiscal federalism. Mr. Bogetic holds a Ph.D. in Economics from the University of Connecticut.
RSS