World Bank briefing in St Petersburg - "Russia’s Economy: Preserving Stability, Doubling Growth, Halving Poverty – How?"

Following a well-established tradition, the AEB North-Western Regional Committee is pleased to announce the next World Bank briefing in St. Petersburg based on the World Bank’s “Russia Economic Report: Russia’s Economy: Preserving Stability, Doubling Growth, Halving Poverty – How?”.

The briefing will take place at the office of “Egorov, Puginsky, Afanasiev & Partners” (EPAM) in St. Petersburg (24 Nevskiy Prospekt, St. Petersburg) on Monday, 10 December, 2018 from 15:30 to 17:00 (registration starts at 15:00).

Please register online for this event.

You will have the privilege to hear Apurva Sanghi, World Bank’s Lead Economist for the Russian Federation. Prior to Russia, Apurva Sanghi was based in Nairobi, Kenya as the Lead Economist for Kenya, Rwanda, Uganda and Eritrea. Before Kenya, Apurva was based in Washington DC where he led the Economic Growth Cluster of the World Bank’s Poverty Reduction and Economic Management Department. He is a selective commentator on economic issues in emerging markets, and his views have been expressed in opinion pages of major newspapers and blogs such as the Financial Times; the Economist; and Brookings.

The World Bank Russia Economic Report (RER) synthesizes recent trends on key economic indicators, provides the World Bank economic outlook for Russia for the coming year and analyzes strategic policy issues. The first part of the report presents a detailed discussion of recent economic developments in the Russian economy. Supported by robust global growth, relatively high oil prices and a macro policy framework that has promoted stability, the economy continued to grow in the first half of 2018. However, in the third quarter of 2018, GDP growth slowed down on the back of a sluggish investment demand, amidst elevated geopolitical uncertainty and turbulence in the emerging markets. The second part discusses the World Bank outlook for Russia and its risks and challenges. Russia’s growth prospects depend on the evolution of external factors but also on the capacity to reassess priorities and follow through with difficult policy choices. A third part contains an in-depth discussion of a special topic of interest. This time we looked at the potential growth: outlook and options for Russia. This part analyzes both the past and future trajectory of Russia’s potential growth: the speed at which an economy could grow if all resources were utilized efficiently.

Please have a look at the PROGRAMME.

The working language is English. Translation into Russian will NOT be provided.

Attendance Fees

Participation of representatives from the AEB member companies is free of charge;

Fee for representatives of non-member companies: 7,700 RUR (+ 18% VAT);

Please note that the registration will close as soon as we reach the maximum number of participants.

Contact Persons:

Programme: Alla Oganesian, AEB North-Western Regional Committee Coordinator, Tel. +7-911-012-6746, E-mail: alla.oganesian@aebrus.ru

Registration: Evgeniya Zakharova, AEB Events Coordinator, tel. (495) 234 27 64, ext. 127, Evgeniya.Zakharova@aebrus.ru.