On January 14, Russian Academy of National Economy and Public Administration under the President of the Russian Federation has started a three-day Gaidar Forum. Politicians, economists and business representatives at a meeting to discuss the key issues of economic development of Russia in the current difficult conditions. Some guests online channel shared with RT his vision of further development of Russian and world economy.
Russia will survive the current crisis and fulfill all its international obligations, despite the drop in oil prices and the weakening of the national currency. This message sounded senior officials of the country at an economic forum in Moscow. Businessmen and experts from around the world shared their opinion.
Immanuel Wallerstein, a sociologist and creator of a special method of analysis of the global economy argues that focusing on the fall of the ruble, you can lose sight of the more significant events in a historical context.
«Russian ruble against the US dollar and the Russian ruble to another currency rises or falls. At the moment – falls. But all overlook the essence, and it consists in the fact that the dollar has dropped significantly over the past 30-40 years. – He said. -Imenno This fall is currently the cause of the crisis in the global economy. Therefore, with regard to the exchange rate, I can only say that Russia – helpless recipient of the consequences of this fluctuation ».
Mark Otty, a member of the board of directors of the company Ernst & amp; Young, said that his company is interested in Russia . “For me the most important thing is that we will continue to invest in this market, we are focused on long-term cooperation. And this forum only confirms my opinion that we will remain in this market and will continue to actively invest in it, “- he said.
According to Ron Robin, Vice-Rector for Personnel Development at New York University Abu Dhabi, in the economic and political situation, Russia is trying to consolidate power within its borders, not outside it. “The external policy pursued by Russia, has nothing to do with politics of the Cold War,” – said the expert.
«If China will be all right in the future, then why not in Russia? If China’s economic future looks positive, then I see no reason not to consider positively the future of Russia. Our countries should cooperate, it is logical, “- says Bin Xiang, director of the School of Business Cheung Kong.
Christopher Pissarides, winner of the Nobel Prize in Economics, is confident that Russia, in order to overcome the crisis, it is necessary to overcome the dependence on exports of raw materials:
«We are faced with a situation where prices of oil and energy in general, will be reduced due to excess supply on world markets. Russia will have to restructure its economy so that it can grow and develop in conditions of low oil prices. In other words, it must reduce its dependence on oil as the main source of foreign currency ».
Source: russian.rt.com
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