What the 2022 financial crisis will mean for the country and its people “Russia has defaulted on its foreign-currency sovereign debt for the first time in a century,” Bloomberg reported on Monday, June 27. The technical default occurred at the end of day on Sunday, when the grace period for paying $100 million on two eurobond coupons expired.

On June 27, Russia committed an “event of default,” Bloomberg reported . The grace period for interest payments in the amount of $100 million on two issues of Eurobonds expired yesterday. Thus, for the first time in more than 100 years, Russia was unable to pay off its external obligations.

In 2021, it performed 30 years of Russian privatization. In July 1991, the relevant law was adopted, in November Anatoly Chubais headed the State Committee forces, and everything spun. Probably there will never be a single opinion of privatization. We asked the rector of the Russian Economic School of Ruben Enikolopov to formulate the main pros and cons. Rector Resh Ruben Enikolopov The topic of privatization remains painful for Russia for very many years.

With Trump GDP grew faster than under Obama. Exchange indices reached record values. The poor and unemployed became smaller. Nevertheless, Trump’s economic policy has serious flaws that may affect the future. And the point is not even the answer of the state to the pandemic. In the next material of our special project “Who America will choose”, the rector of the Russian Economic School (RASH) Ruben Yenikolopov called these flaws.

Reading time: 4 min Wikimedia Free and independent media are not only the most important public institution, but also play a serious role in economic development. From the point of view of state policy, the role of the media is to provide reliable information about the behavior of specific politicians and officials, and about the advantages or disadvantages of individual measures proposed by the authorities.

October 01, 2019, 00:53 / Opinions Why develop export of services The total value added of services in the global economy already exceeds the value added of goods and is growing faster Ruben Enikolopov , Rector of the Russian Economic School As technological development progresses, it is the export of intangible services, and not the movement of physical goods, that becomes the basis of world trade Last week, news appeared that Economic Development Minister Maxim Oreshkin proposed to allocate

August 20, 2019, 00:29 / Opinions How to predict a recession The best available indicators are not necessarily good - but an unfulfilled prophecy can be useful Ruben Enikolopov , Rector of the Russian School of Economics The very fact of predicting a recession can change the behavior of economic agents and lead to the fact that the forecast does not come true Recently, numerous signs of an impending global recession have become increasingly discussed.

Rector of the Russian Economic School Ruben Yenikolop Sebastian Kahnert / DPA / AFP / Scanpix / Leta Angel Merkel at the Siemens factory in the city of Herlitz in East of Germany. July 15, 2019 GDP of Germany decreased by 0.1% in the second quarter of 2019 - in general, this is really few. Between 0, that is, lack of growth, and 0.1%, that is, a small fall, the difference is small, but psychologically this is important.

In Russia, people are increasingly writing about the credit boom and the dangers associated with it. Meduza asked Professor Ruben Enikolopov, who will become rector of the Russian School of Economics on September 1, to explain whether there really is a boom, why it is dangerous - and whether it is worth taking out a loan right now. Yes, the numbers really say so. Russians' debts to banks are growing at a very rapid pace.

Twenty years ago, the largest financial crisis in the history of modern Russia occurred. On August 17, 1998, the government declared a technical default for all types of public debt. At the same time, the Central Bank stopped maintaining an artificially overstated ruble exchange rate, sending it freely. Over the next four months, the ruble exchange rate fell three and a half times. An annual inflation took off from 6.5% to 120%.

On March 18, the presidential election will be held in Russia. For each of the 97 thousand polling stations, the turnout will be known, the percentage of votes cast for each candidate, and many more different data that can be analyzed. How to discover falsification in the elections with the help of mathematical laws? Explain in five minutes. The editors thanks the professor of the Russian Economic School Ruben Yenikolopov for help in the preparation of the material

The very idea of ​​the European Union provokes separatism: carnegie.ru Alessandro Serrano / AGF / Sipa / Scanpix / Leta Catalonia President Carles Puchdemon in the evening of October 10 announced “deferred independence” - he signed a declaration that refers to the independence of the region from Spain, but asked the parliament to postpone its approval for the sake of dialogue with the kingdom.

Almost all segments of the population felt the rise in prices over the past year in Russia. But various goods and services reacted to a change in the national currency in different ways-therefore, some layers of the population suffered from inflation than others. For whom did the decline in the ruble rate hit the most painful? Unfortunately, it is almost impossible to answer this question directly according to the available data.

The Nobel Prize for Economics was awarded to Angu Diton from Princeton University "For Research for Consumption, Poverty and Welfare." The wording is so general that, not knowing what kind of contribution, Diton made to the development of modern economic science, it is difficult to understand what exactly he deserved such an honor.

Photo: from personal archive The presence of ideological bias in the media is not in itself a problem. Problems arise when there is no competition in the media market. Then the demand for information is more acute - and the reader is easier to manipulate. Lack of professionalism or bias When discussing the media, one constantly hears that this or that newspaper, television channel or radio station is politically biased and has a clear ideological bias, working for a certain political force.