23.09.2011 They mostly play against the ruble Advertisement Advertisement

December 25, 2018, 14:17 / Economics Exclusively by subscription Three Sources of Volatility If a country's economy and its financial markets are balanced, then volatility will be temporary Ksenia Yudaeva , first deputy chairman of the Central Bank For emerging markets, 2018 turned out to be much more difficult than the previous year. Volatility was very high, and I would highlight three sources of it. The first is the normalization of the monetary policy of leading central banks.

Ksenia Yudaeva First Deputy Chairman of the Bank of Russia “Mortgage rates in the Russian Federation fell to a minimum - in March the average rate was 9.64%” Source: TASS Yes, but ... the average mortgage rate in Russia has been below 10% per annum for six months Back in November last year, against the backdrop of the record in the latest history of Russia, inflation rate on mortgage loans in the country first dropped below 10%.

photo Foto SA / Corbis Overcoming the crisis will not be easy, because the current situation is comfortable for both the authorities and a significant part of the population Why do crises happen? Because there is a problem or imbalance that gradually increases and finally reaches such a size that it quickly collapses. Everyone usually knows about the problem.

Overcoming the crisis will not be easy also because the current situation is comfortable not only for the authorities, but also for a significant part of the population. Why do crises happen? Because there is a problem or imbalance that gradually increases and finally reaches such a size that it quickly collapses. Everyone usually knows about the problem.

In order for the country to deal with emergencies, the career path of senior officials must be completely changed. They were waiting for a crisis, but a flood came in the south of the country, and they were not prepared for it. Regardless of the causes of the disaster, there are lessons to be learned from this story. First, we need a risk management system. Not only economic, but also, as in this case, natural, as well as technological, social, geopolitical, etc.

photo by RIA Novosti In order for the country to deal with emergencies, it is necessary to completely change the system for building the careers of senior officials They were waiting for a crisis, but a flood came in the south of the country, and they were not prepared for it. Regardless of the causes of the disaster, there are lessons to be learned from this story. First, we need a risk management system.

illustration Fotobank/Getty Images It would be a shame if, instead of improving the funded system, Russia ends up abolishing it - precisely at the moment when there is a demand for it In modern Russia there is a strange tradition: to abolish some institution at the very moment when it finally begins to work. Experience shows that it takes at least 10 years for an institute to start functioning normally.

Now is not the time to change the pension system In modern Russia there is a strange tradition: to abolish some institution at the very moment when it finally begins to work. Experience shows that it takes at least 10 years for an institute to start functioning normally. But Russians do not have enough patience, and it is at this moment that the institute is canceled. This was the case with gubernatorial elections at one time.

photo ITAR-TASS Russia has often proven capable of creating a strong state. But the rule of law and institutions of checks and balances in the country have not developed For those who haven’t read it yet, I highly recommend reading Francis Fukuyama’s book The Origin of Political Order. It has two main messages. First: the components of liberal democracy are three components.

The imperfection of the state is realized not only by the opposition, but also by the authorities. For those who haven’t read it yet, I highly recommend reading Francis Fukuyama’s book The Origin of Political Order. It has two main messages. First: the components of liberal democracy are three components.

photo ITAR-TASS It is beneficial for the security forces not to change anything, and today the strengthening of populism is much more likely than serious liberal reforms, even despite the need to respond to increased protest sentiments Ten years ago, liberal economists like me were actively involved in legitimizing the oligarchs. They came up with various tricks, for example, the one-time tax on privatized property recently announced by Putin.

photo Itar-TASS Liberalization will be limited to slogans Ten years ago, liberal economists like me were actively involved in legitimizing the oligarchs. They came up with various tricks, for example, the one-time tax on privatized property recently announced by Putin.

How oil prices and the state of the economy affect the longevity of Russians. The authors of the new version of “Strategy 2020” deceived my expectations regarding the future of the pension system. Therefore, I had to pay attention to life expectancy in Russia. Having opened a page in the Rosstat collection, I discovered that the problem is much more interesting than is commonly thought.

Photo by Fotobank/Getty Images Rising oil prices allow trends in life expectancy to temporarily reverse, but the country's inability to successfully modernize leads to stagnation The authors of the new version of “Strategy 2020” deceived my expectations regarding the future of the pension system. Therefore, I had to pay attention to life expectancy in Russia. Having opened a page in the Rosstat collection, I discovered that the problem is much more interesting than is commonly thought.