WILL THE RUSSIAN ECONOMY BE ABLE TO MAKE AN EXPORT BREAKTHROUGH?

January 15, 2020, 09:30 – 11:00, Building 2, Floor 3, Lecture Room 269

Export diversification is one of the most important tasks, crucial for sustainable acceleration of economic growth in Russia. Although Russia has for the most part restructured the economy in recent decades, its export basket is to a considerable extent comprised of simple, including primary, goods even today.

On the one hand, a similar result is demonstrated by the majority of catch-up economies. On the other hand, countries making obvious progress in diversification and sophistication of their exports manage to achieve fast economic growth and progress and to consolidate their positions on the world stage. Moreover, with the authorities, as well as the academic and expert communities embracing the importance of export development, it also begins to take shape as a relevant national policy. However, while taking steps towards sophistication and diversification of exports, we have to answer a wide range of traditional as well as new and non-trivial questions regarding the possibility of further development in foreign trade.

Why do more sophisticated Russian exports mainly go to its closest neighbors – how could we diversify our export geography? How could Russia overcome the growing pressure of foreign economic sanctions and restrictions its economy has to deal with? How could we coordinate the various parts of the complicated national policy mechanism so that there would be no tension between them that might potentially slow down the export diversification process? What are the types of government support exporters are most interested in, and which of the benefits granted to them are showing the best result?

Issues for Discussion

  • Export diversification: what can the Russian economy export and where?
  • Development of Russian exports since 1990s: what have we achieved?
  • Export under the sanctions policy.
  • The role of Big Data and digital technologies in solving the problems of export diversification.
  • Stagnation of export diversification: macroeconomic reasons for stagnation of export development.
  • What do Russian companies need to enter new product and geographical markets? 
  • Russia as part of the EAEU: does regional integration help the development of Russian exports?
  • Are there any national policy measures that are not directly associated with export diversification but may provoke – or are causing - a slowdown in the implementation Russia’s export development plans?

Moderator

  • Alexander Knobel
    Alexander Knobel

    Director of the Institute of International Economics and Finances, Russian Foreign Trade Academy

Experts

  • Daniil Algulyan
    Daniil Algulyan

    Deputy Chairman, VEB.RF

  • Anna Fedyunina
    Anna Fedyunina

    Director of the Analytical Center, National Research University - Higher School of Economics in St. Petersburg

  • Veronika Peshkova
    Veronika Peshkova

    United Nations Industrial Development Organization (UNIDO) Goodwill Ambassador

  • Mikhail Sneg
    Mikhail Sneg

    Director for Export Policy and Analysis, Russian Export Center JSC

  • David Tarr
    David Tarr

    Scientific Adviser, International School of Economics in Tbilisi

  • Natalya Volchkova
    Natalya Volchkova

    Professor, New Economic School (NES) 

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Export diversification is one of the most important tasks, crucial for sustainable acceleration of economic growth in Russia. Although Russia has for the most part restructured the economy in recent decades, its export basket is to a considerable extent comprised of simple, including primary, goods even today.

On the one hand, a similar result is demonstrated by the majority of catch-up economies. On the other hand, countries making obvious progress in diversification and sophistication of their exports manage to achieve fast economic growth and progress and to consolidate their positions on the world stage. Moreover, with the authorities, as well as the academic and expert communities embracing the importance of export development, it also begins to take shape as a relevant national policy. However, while taking steps towards sophistication and diversification of exports, we have to answer a wide range of traditional as well as new and non-trivial questions regarding the possibility of further development in foreign trade.

Why do more sophisticated Russian exports mainly go to its closest neighbors – how could we diversify our export geography? How could Russia overcome the growing pressure of foreign economic sanctions and restrictions its economy has to deal with? How could we coordinate the various parts of the complicated national policy mechanism so that there would be no tension between them that might potentially slow down the export diversification process? What are the types of government support exporters are most interested in, and which of the benefits granted to them are showing the best result?

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Export diversification is one of the most important tasks, crucial for sustainable acceleration of economic growth in Russia. Although Russia has for the most part restructured the economy in recent decades, its export basket is to a considerable extent comprised of simple, including primary, goods even today.

On the one hand, a similar result is demonstrated by the majority of catch-up economies. On the other hand, countries making obvious progress in diversification and sophistication of their exports manage to achieve fast economic growth and progress and to consolidate their positions on the world stage. Moreover, with the authorities, as well as the academic and expert communities embracing the importance of export development, it also begins to take shape as a relevant national policy. However, while taking steps towards sophistication and diversification of exports, we have to answer a wide range of traditional as well as new and non-trivial questions regarding the possibility of further development in foreign trade.

Why do more sophisticated Russian exports mainly go to its closest neighbors – how could we diversify our export geography? How could Russia overcome the growing pressure of foreign economic sanctions and restrictions its economy has to deal with? How could we coordinate the various parts of the complicated national policy mechanism so that there would be no tension between them that might potentially slow down the export diversification process? What are the types of government support exporters are most interested in, and which of the benefits granted to them are showing the best result?

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  • Development of Russian exports since 1990s: what have we achieved?
  • Export under the sanctions policy.
  • The role of Big Data and digital technologies in solving the problems of export diversification.
  • Stagnation of export diversification: macroeconomic reasons for stagnation of export development.
  • What do Russian companies need to enter new product and geographical markets? 
  • Russia as part of the EAEU: does regional integration help the development of Russian exports?
  • Are there any national policy measures that are not directly associated with export diversification but may provoke – or are causing - a slowdown in the implementation Russia’s export development plans?
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[TIMESTAMP_X] => 2017-12-20 14:20:36 [IBLOCK_ID] => 18 [NAME] => Изменение [ACTIVE] => Y [SORT] => 160 [CODE] => CHANGE [DEFAULT_VALUE] => [PROPERTY_TYPE] => L [ROW_COUNT] => 1 [COL_COUNT] => 30 [LIST_TYPE] => C [MULTIPLE] => N [XML_ID] => [FILE_TYPE] => [MULTIPLE_CNT] => 5 [TMP_ID] => [LINK_IBLOCK_ID] => 0 [WITH_DESCRIPTION] => N [SEARCHABLE] => N [FILTRABLE] => N [IS_REQUIRED] => N [VERSION] => 1 [USER_TYPE] => [USER_TYPE_SETTINGS] => [HINT] => [PROPERTY_VALUE_ID] => [VALUE] => [DESCRIPTION] => [VALUE_ENUM] => [VALUE_XML_ID] => [VALUE_SORT] => [VALUE_ENUM_ID] => [~VALUE] => [~DESCRIPTION] => [~NAME] => Изменение [~DEFAULT_VALUE] => ) [LANGUAGES] => Array ( [ID] => 224 [TIMESTAMP_X] => 2017-12-20 14:26:52 [IBLOCK_ID] => 18 [NAME] => Рабочие языки [ACTIVE] => Y [SORT] => 170 [CODE] => LANGUAGES [DEFAULT_VALUE] => [PROPERTY_TYPE] => L [ROW_COUNT] => 1 [COL_COUNT] => 30 [LIST_TYPE] => C [MULTIPLE] => Y [XML_ID] => [FILE_TYPE] => [MULTIPLE_CNT] => 5 [TMP_ID] => [LINK_IBLOCK_ID] => 0 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Ключевые выступления [~DEFAULT_VALUE] => ) ) [DISPLAY_PROPERTIES] => Array ( [QUESTIONS] => Array ( [ID] => 50 [TIMESTAMP_X] => 2017-12-20 14:14:00 [IBLOCK_ID] => 18 [NAME] => Вопросы для обсуждения [ACTIVE] => Y [SORT] => 10 [CODE] => QUESTIONS [DEFAULT_VALUE] => Array ( [TYPE] => HTML [TEXT] => ) [PROPERTY_TYPE] => S [ROW_COUNT] => 1 [COL_COUNT] => 30 [LIST_TYPE] => L [MULTIPLE] => N [XML_ID] => 12 [FILE_TYPE] => [MULTIPLE_CNT] => 5 [TMP_ID] => [LINK_IBLOCK_ID] => 0 [WITH_DESCRIPTION] => Y [SEARCHABLE] => N [FILTRABLE] => N [IS_REQUIRED] => N [VERSION] => 1 [USER_TYPE] => HTML [USER_TYPE_SETTINGS] => Array ( [height] => 200 ) [HINT] => [PROPERTY_VALUE_ID] => 120271 [VALUE] => Array ( [TEXT] => <ul class="style-prog-list"> <li>Export diversification: what can the Russian economy export and where?</li> <li>Development of Russian exports since 1990s: what have we achieved?</li> <li>Export under the sanctions policy.</li> <li>The role of Big Data and digital technologies in solving the problems of export diversification.</li> <li>Stagnation of export diversification: macroeconomic reasons for stagnation of export development.</li> <li>What do Russian companies need to enter new product and geographical markets? </li> <li>Russia as part of the EAEU: does regional integration help the development of Russian exports?</li> <li>Are there any national policy measures that are not directly associated with export diversification but may provoke – or are causing - a slowdown in the implementation Russia’s export development plans?</li> </ul> [TYPE] => HTML ) [DESCRIPTION] => [VALUE_ENUM] => [VALUE_XML_ID] => [VALUE_SORT] => [~VALUE] => Array ( [TEXT] =>
  • Export diversification: what can the Russian economy export and where?
  • Development of Russian exports since 1990s: what have we achieved?
  • Export under the sanctions policy.
  • The role of Big Data and digital technologies in solving the problems of export diversification.
  • Stagnation of export diversification: macroeconomic reasons for stagnation of export development.
  • What do Russian companies need to enter new product and geographical markets? 
  • Russia as part of the EAEU: does regional integration help the development of Russian exports?
  • Are there any national policy measures that are not directly associated with export diversification but may provoke – or are causing - a slowdown in the implementation Russia’s export development plans?
[TYPE] => HTML ) [~DESCRIPTION] => [~NAME] => Вопросы для обсуждения [~DEFAULT_VALUE] => Array ( [TYPE] => HTML [TEXT] => ) [DISPLAY_VALUE] =>
  • Export diversification: what can the Russian economy export and where?
  • Development of Russian exports since 1990s: what have we achieved?
  • Export under the sanctions policy.
  • The role of Big Data and digital technologies in solving the problems of export diversification.
  • Stagnation of export diversification: macroeconomic reasons for stagnation of export development.
  • What do Russian companies need to enter new product and geographical markets? 
  • Russia as part of the EAEU: does regional integration help the development of Russian exports?
  • Are there any national policy measures that are not directly associated with export diversification but may provoke – or are causing - a slowdown in the implementation Russia’s export development plans?
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[ELEMENT_CHAIN] => WILL THE RUSSIAN ECONOMY BE ABLE TO MAKE AN EXPORT BREAKTHROUGH? [BROWSER_TITLE] => [KEYWORDS] => [DESCRIPTION] => ) [EXPERTSTYPES] => Array ( [0] => OPENINGS [1] => SAY_HIS [2] => MODERATORS [3] => KEYREPORT_MODERATOR [4] => KEYREPORTS [5] => KEYREPORT2S [6] => SPEAKERS [7] => SPEECH [8] => PRESENTATIONS [9] => MEMBERS [10] => PARTICIPANTS [11] => MEMBERS_AND_EXPERTS [12] => DISCUSS_MEMBERS [13] => AUTHORS [14] => LECTORS ) [DATE_EVENT] => January 15, 2020 [START_TIME] => 09:30 [END_TIME] => 11:00 [TIME_EVENT] => January 15 [OGDESC] =>

Export diversification is one of the most important tasks, crucial for sustainable acceleration of economic growth in Russia. Although Russia has for the most part restructured the economy in recent decades, its export basket is to a considerable extent comprised of simple, including primary, goods even today.

On the one hand, a similar result is demonstrated by the majority of catch-up economies. On the other hand, countries making obvious progress in diversification and sophistication of their exports manage to achieve fast economic growth and progress and to consolidate their positions on the world stage. Moreover, with the authorities, as well as the academic and expert communities embracing the importance of export development, it also begins to take shape as a relevant national policy. However, while taking steps towards sophistication and diversification of exports, we have to answer a wide range of traditional as well as new and non-trivial questions regarding the possibility of further development in foreign trade.

Why do more sophisticated Russian exports mainly go to its closest neighbors – how could we diversify our export geography? How could Russia overcome the growing pressure of foreign economic sanctions and restrictions its economy has to deal with? How could we coordinate the various parts of the complicated national policy mechanism so that there would be no tension between them that might potentially slow down the export diversification process? What are the types of government support exporters are most interested in, and which of the benefits granted to them are showing the best result?

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