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SPIN-RSCI: 7992-1622
ORCID: 0000-0002-7806-9118
ResearcherID: M-3660-2015
Scopus AuthorID: 35589452200
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N. Akindinova
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Elena Balashova

  • Elena Balashova has been at HSE University since 2009.

Education and Degrees

  • 2012

    Candidate of Sciences* (PhD) in Economics
    Institute of Economic Forecasting

  • 1979

    Lomonosov Moscow State University

* Candidate of Sciences
According to the International Standard Classification of Education (ISCED) 2011, Candidate of Sciences belongs to ISCED level 8 - "doctoral or equivalent", together with PhD, DPhil, D.Lit, D.Sc, LL.D, Doctorate or similar. Candidate of Sciences allows its holders to reach the level of the Associate Professor.


Weakening Ruble Likely to Render Dozens of Industries Unprofitable

Imports account for over 15% of about a quarter of Russian manufacturing industries’ expenditures. With the ruble weakening in value, manufacturers’ expenses on raw materials and components they have to purchase from abroad will rise, which will likely bring their profits to zero. According to projections by the HSE Centre of Development Institute, 64% of import-dependent industries run the risk of becoming unprofitable if the exchange rate reaches 80 rubles to the dollar.