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Tag "economics"

Russian Consumer Sentiment Improving

Russian Consumer Sentiment Improving
After collapsing in the early days of the COVID-19 pandemic, consumer demand has partly recovered in Russia. The lowest point in consumer confidence seems to be behind us, but we should not expect a noticeable recovery any time soon, according to HSE ISSEK Centre for Business Tendency Studies (CBTS). Based on a recent consumer survey in Russia, IQ compares consumer sentiments as we are entering the second wave of the pandemic with those reported at the start of its first wave.

Research Only: How Academic Tourism Went Online and Why Scholars Like It

Research Only: How Academic Tourism Went Online and Why Scholars Like It
On October 23 – 24, 2020, the IX International Moscow Finance Conference will take place. The event has been organized jointly by ICEF and the London School of Economics. This year, the list of participants includes the editors of the two biggest journals in economics. Alexei Boulatov , Tenured Professor of HSE University, spoke about how the online format influenced the quality of academic events, what has changed in academic life over the last few months, and the topics that interest researchers today.

Russians Consider Themselves Poorer Than They Actually Are

Russians Consider Themselves Poorer Than They Actually Are
Experts often blame income inequality for a wide range of social ills. They usually calculate its severity using special statistical indices drawn from official tax data or large-scale surveys of individual households. Such analyses create an objective picture and indicate the degree of inequality and the basic factors behind it.

It Turns Out That Russians Are Unprepared for Poverty

It Turns Out That Russians Are Unprepared for Poverty
For years, Russians have failed to develop the ability to adapt to financial vulnerability — that is, to the risk of falling below the poverty line. This is associated with the fact that Russians are less satisfied with life and rate their well-being lower as well. With the prospect of falling poverty an ongoing problem, these indicators have not improved.

A Pandemic of Negative Interest Rates: Banks and Their Clients Will Have to Adapt to a New Normal

A Pandemic of Negative Interest Rates: Banks and Their Clients Will Have to Adapt to a New Normal
The coronavirus pandemic and lockdown have made life difficult for credit institutions and their clients. Citizens’ incomes have decreased, which can lead to an increase in bad debts, and a decrease in the key rate to support the economy makes deposits less and less attractive and deprives banks of an important resource. Banks are compelled to search for new ways to earn money, which carries additional risks, says HSE Banking Institute Director Vasily Solodkov.

2020 iCare Participants Discuss the Economic Effects of the Pandemic, the Accessibility of Higher Education in Russia, and More

2020 iCare Participants Discuss the Economic Effects of the Pandemic, the Accessibility of Higher Education in Russia, and More
On September 21, the VIII International Conference on Applied Research in Economics (iCare) was held online, bringing together more than 100 researchers from 19 countries. Organizers, speakers, teachers, and students shared their impressions of the event and talked about the opportunities that the conference opens up for them.