Preprint publication: “The post-shock growth of the Russian economy. The experience of the 1998 and 2008 crises and a look into the future”
The work was published in the WP3 series "Labor market issues" and studies the global recession caused by the COVID-19 pandemic. Estimates suggest Russian GDP in 2020 will fall by 2–8%, meaning the current crisis may be more severe than the crises of 1998 and 2008. In the coming years, the Russian economy will have to recover and enter a new long-term growth trajectory. What sources and sectors can make this happen?
The 7th issue of “Voprosy Ekonomiki” (Questions of Economics) contains the speeches of the participants of “Long-term economic growth in Russia: prospects for recovery” round table, which took place on April 12 as part of the “April XXI” conference. The publication includes materials by Natalia Akindinova, Marek. Dabrovski, Alexandr Shirov, Dmitry Belousov, Ilya Voskoboynikov and Evsey Gurvich.
The seminar was held on June 26, 2020 as part of a regular series of seminars. The seminar considered methods of the experimental construction of time series for indicators of the intermediate consumption of energy, materials and services. The time series cover from 2003 to 2016. It is built on the basis of the official published indicators of SNA, tables of the use of goods and services, and deflators of domestic production and imports relative to the previous year
The presentation was held on May 29, featuring IlyaVoskoboynikov, Eduard Baranov, Ksenia Bobyleva, Rostislav Kapelyushnikov, Dmitri Piontkovski, Anton Tolokonnikov, Alexander Roskin.
The report was presented by Ilya Voskoboynikov (HSE University), the discussion was led by Alexandr Shirov (IEF RAS), and the presentation was moderated by Evsey Gurvich (EEG)
On May 12 the roundtable was held, chaired by Evsey Gurvich, head of the Economic Expert Group. Topical issues of economic growth were discussed, including prospects after the coronavirus pandemic and forecasts for the short-term and long-term growth rates of the Russian economy. The current budget policy, the experience of recovery after the crises of 1998 and 2008, and sectoral growth drivers, in particular, were considered.
The session was held at HSE University at the XXI April Conference in cooperation with the International Association for Income and Wealth Research (IARIW) and with the support of the Federal State Statistics Service (Rosstat).
This seminar by the Russia KLEMS group was held on April 30. Ilya Voskoboynikov presented an analysis of the sources of labor productivity growth in the Russian economy after the crises of 1998 and 2008, highlighting measures to restore the economy after the shock associated with the coronavirus epidemic. The seminar examined which sources of growth in which sectors could drive such a recovery. How the Russian economy recovered: sources of labor productivity growth after the crises of 1998 and 2008.
On March 17, this seminar was held online. In today's economy, intangible assets surround us and their role cannot be overlooked. What is the quantitative assessment of the contribution of intangible assets to economic growth? Studies in a number of developed economies show that the share of intangible assets in GDP is significant. The return on intangible assets is comparable to the contribution of traditional capital
Seminar: “Accounting for capital expenditures in assessing the dynamics of total factor productivity. Experience of Russia KLEMS”
Measuring the dynamics of capital as a factor of production is based on the concept of capital services included in the 2008 SNA. The seminar, held on February 18, presented the calculation of capital services for the Russian economy for 1995–2016.
The event, which took place on January 21, 2020, presented the methodology for calculating the number of hours worked for Russia KLEMS 1995-2016 for 34 types of activities of the Russian classification of economic activities (OKVED) and their accuracy.