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Experts from the HSE Center for Business Tendency Studies at the Institute for Statistical Studies and Economics of Knowledge have found that limited demand, high taxes, lack of financial means and a high level of uncertainty in the onward course of economic development all reduce the length of time for which businesspeople can plan, in turn obstructing investment and innovative initiatives.
The economic crisis in European countries did not pass by unnoticed as concerns the public’s set of values. In some groups, there was a shift from emancipative values to more traditional ones. Above all, this involves the socially vulnerable strata that the crisis hit hardest of all, Natalia Soboleva, a researcher with HSE’s Laboratory for Comparative Social Research (LCSS), concluded in a study.
Data from Rosstat and the Federal Customs Service suggest that import substitution – not limited to substituted Ukrainian imports – has played a major role in keeping the Russian economy from recession in the first half of 2014. However, Russia cannot expect to achieve a sustained and dynamic GDP growth without boosting exports, in particular its non-commodity exports, according to expert analysis in Comments on State and Business published by the HSE's Centre for Development.
A satisfactory health condition and a low pension could theoretically be what make pensioners continue working in the first years after beginning their well-deserved relaxation. The main medical factors that keep older individuals from working are disability, the aftermath of strokes and frequent hospital treatment, Ekaterina Maltseva, a Research Assistant at HSE’s Laboratory of Economic Research of the Public Sector, said in the study, 'The Impact of Health on the Labour Supply of Pensioners'.
Despite its thriving banking sector, Russia's industrial production remains stagnant, as financial institutions are failing to support development in the real sector. Vassilisa Makarova, Associate Professor at the HSE's Department of Financial Markets and Financial Management (Faculty of Economics, St. Petersburg), and Andrei Krylov, postgraduate student at St. Petersburg State University of Economics, examined the controversial relationship between Russian banks and industry.
A seasonal revival in consumer demand stimulated an increase inretail trade in Q2 2014. Food retail showed the best results, but intensified moods to save household earnings, a slowdown in income growth, high inflation, and difficulties in obtaining consumer credit might soon change the situation, according to experts from the Centre for Business Tendency Studies at the Institute for Statistical Studies and Economics of Knowledge at the Higher School of Economics in their latest monitoring of the retail business climate.
Russia's cooperation with China on a natural gas deal over the next few years will marginally improve Russia's economic performance and bring additional revenues, but is unlikely to offset the country’s sluggish economic growth rates, according to the recent issue of 'New Comments on the State and Business' published by the HSE Centre of Development Institute.
Despite the wide income gap between the rich and poor in Russia, their basic values and attitudes are not dissimilar. However, there are indications of an impending rift, says Svetlana Mareeva, Associate Professor of the HSE's Sub-department of Socio-Economic Systems and Social Policy, based on her findings from a survey of poor Russians.
The ability to provide enough food for yourself, and have a surfeit to sell for export, is becoming a way for states to influence world politics and the economy, says Alina Savelyeva, assistant to the Dean at the HSE Faculty of World Economy and International Affairs. In the lecture she delivered at the HSE’s XV April International Conference 'The role of food potential in modern international politics', Savelyeva considers the mechanisms of how food can be a weapon.
Sebastian Galiani, Professor of Economics at the University of Maryland and Visiting Professor at Universidad de San Andres, will deliver a public lecture at the HSE’s XV April International Academic Conference on Economic and Social Development. In advance of next week's Conference, the HSE News Service conducted this brief interview with Professor Galiani.