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Economic Cooperation as a Source of Economic Growth in Russia

29 January2018
Economic Cooperation as a Source of Economic Growth in Russia

Gaidar Forum experts have discussed plans for export development, the integration policy, the prospects of the EAEC, and the importance of imports for boosting economic growth.

At the beginning of the discussion, Economic Cooperation as a Source of Economic Growth in Russia, moderator Alexander Knobel, Director of RANEPA Center for International Trade Studies, outlined the main issues. “First of all, it is important to set the task correctly. If we are discussing trade and economic relations with other countries, we also need to talk about using this tool for economic growth,” the expert said.

Mr. Knobel spoke about the importance of expanding exports. This indicator will allow to achieve a 4% economic growth due to increased labor productivity, the expert explained. We will never achieve the desired indicators with inertial development and market. Russia’s problem is the insufficient quantity of goods with a comparative advantage, he added.

The expert pointed out the following steps in achieving growth through exports: simplification of customs procedures, liberalization of currency exchange regulation and control, development of the integration agenda, and elimination of organizational restrictions.

The organizers include the Presidential Academy of National Economy and Public Administration (RANEPA), the Gaidar Institute for Economic Policy (Gaidar Institute) and the Association of Innovative Regions of Russia (AIRR).

The program outline is available at the forum website.

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The general partners of the Gaidar Forum are Gazprom and Gazprombank; strategic partners include Novartis, Johnson&Johnson, RZD, MSD, AstraZeneca, the ACIG Group of Companies, Mastercard, Coca-Cola, Russian Agricultural Bank, Pharmstandard JSC, Microsoft; O1 Group, Unilever, EY, Russian Brewers’ Union, Russian Direct Investment Fund are partners and RVC.

The general information partners include the Rossiya 24 TV channel, RBC and TASS news agencies. The official information agency is Rossiya Segodnya. The general online media partner is Gazeta.RU. The general radio partner is Business FM. The strategic information partners are Kommersant Publishers, the RT TV channel and Interfax. The main information partners are Rossiyskaya Gazeta and Federalpress news agency. Other media partners include, PRIME news agency, EFE, Polit.ru, Expert RA, Radio Ekho Moskvy, Parlamentskaya Gazeta, BRICS, National Banking Journal, Banking Review, Financial One, Standards and Quality news agency, AK&M, Ekonomika i Zhizn weekly, Invest Foresight online magazine, Strategia magazine, Naans Media, the Public Administration scientific political journal, the PRO BUSINESS TV channel, the Indicator online science journal, the Bankovskoye Delo (Banking Business) magazine, RNS news agency, Business Excellence magazine, Cision, the Budget magazine, Information platform “Russian planet – Smart Russia”.

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