Only 2% of Russians consider themselves financially literate. One in 10 people signs contracts without reading them. Almost half of all depositors do not understand what state insurance of private savings means. One third of the population can manage their individual budget, but do not know their way around the financial services market.
From July 2 – 7, 2016, the 10th Russian Summer School on Institutional Analysis (RSSIA) took place just outside of Moscow. This event traditionally attracts experts in various areas of institutional research, as well as young researchers, for whom the School is a chance to work on projects under the supervision of leading scholars.
The Russian social network VK (Vkontakte) is holding a festival in St. Petersburg July 16-17. In addition to concerts by popular groups, sports events and a number of other attractions, visitors will be able to attend lectures by people including representatives of HSE and HSE Lab.