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Gaidar Forum experts discuss changes in Russia’s financial market over 25 years

On January 12, the first day of the Gaidar Forum 2017, experts discussed ways to strengthen the financial market in our country at the session, Russia’s Financial Institutions: Quality and Quiddity.

Professor and Director of the RANEPA Center for Russian Studies Carol Leonard who moderated the meeting emphasized that the discussion has brought together experts of the highest level.

Dean of the Faculty of Economics at the European University in St. Petersburg Maxim Buev spoke about the system of calculating systemic risk. “Risks must be measured during economic stability periods; changes should be constantly monitored until the arrival of a new financial crisis. The idea here is to create a tool that will allow us to foresee the crisis in advance,” he said.