The Institute of Contemporary Development hosted a presentation of the report “Energy and Sustainable Development”, which focused on the development of human potential in the Russian Federation.

The report features a detailed analysis of the most crucial issue of contemporary Russia: the development pattern of the energy sector and its impact on the human potential and a sustainable development of the country.

The report was developed by a group of independent experts at the request of the United Nations Development Program (UNDP).

The Institute of Contemporary Development hosted a press conference marking a publication of the report "Russia’s Economic Interests and Goals in the CIS”.

The report was presented by Chairman of the Institute's Board Igor Yurgens and Director for International Development Sergey Kulik.

The Institute of Contemporary Development has published its most recent report in Russian and English

Россия XXI века: образ желаемого завтра (Russian Version)

Russia in the 21st century: Vision for the future (English version)

These comments were published in Rossiyskaya Gazeta

Recently journalists have asked me whether it would be better to deal with the crisis first and then focus on modernization, or even whether it would be better to refrain from overextending our resources all together. It is, of course, logical to tackle issues step by step.

The Ministry of Economic Development expects the economy to grow by 3% in 2010. The implication is therefore that we can start the mass modernization of the economy in 2011-2012. Unfortunately, we do not have time for such formalities – either practically or politically.

Commentary by Igor Yurgens, Chairman of the Board of the Institute of Contemporary Development, in Rossiyskaya Gazeta

The President made clear what he means by Russia’s modernization

My impressions from the address are very positive. It was a profound, well thought-through address aimed at explaining the meaning of modernization as we are all asking ourselves this question and each sees it differently.

Interview with RBC Daily

The Institute of Contemporary Development released its report “The Russian Economy: From Crisis to Modernization” on September 18.

The report was presented by its authors: INSOR Chairman Igor Yurgens, INSOR Management Board Member and Head of Department for Social-Economic Development Issues Evgeny Gontmakher, and INSOR advicors Nikita Maslennikov and Andrei Blokhin.

If Russia fails to begin its modernization today, then tomorrow it risks becoming a third-world country.

The bankruptcy of Lehman Brothers is considered to mark the start of the world financial crisis, which later turned into a global economic crisis.

It was officially announced on September 15, 2008. New sentiments began to gain momentum in the world economy. There were times when it seemed that the “snowballing” crisis would not slow down any time soon.
Nearly a year has passed. In mid-August, chief IMF economist Olivier Blanchard declared that the economic recovery had begun, but that it would not be simple: “The crisis has left deep scars, which will affect both supply and demand for many years to come.”

Life is coming back…

The president’s address on budget priorities contains guidelines for financial and economic policies over the next three years. Looking at it more broadly, it also provides the orientation for all activities the country’s top economic leaders will undertake. In times of crisis, the role and importance of this document is rather substantial.
 

The G20 summit, opening tomorrow in London and comprising the leaders of the world’s leading economies, is being held amidst a rather complicated economic situation. Trade between countries is falling and markets are shrinking. The USA – the world’s leading economy – is experiencing a deep crisis. This year it will result in a reduction of the country’s GDP by over 2%. Forecasts for Eurozone dynamics are similar.