Challenges and solutions: addressing obstacles to business-driven growth
Chief executives from the worlds leading economies will discuss key topics on the global agenda, including issues relating to international trade, investment and infrastructure, financial regulation, transparency and quality management practices, social investment, and employment.
Translating challenges into opportunities: acting together
A discussion of the systemic issues related to improving the business environment and investment climate, de-offshorizing the Russian economy, and Russias financial system development in line with the priorities of the global economic agenda.
Strategizing in Russia and in the world: wagering on the individual
A discussion of the key issues facing Russias economic development; the increased role played by regions under conditions of slower economic growth and an uncertain business environment as a result of foreign policy challenges and other limitations experienced by Russia abroad; and the strengthening of the individuals role as the key factor in economic and social development.
Realizing the Russian economic dream – the future of residential ownership
Expanding home ownership is a vital route to broad-based financial security and expanding social stability for many in the middle classes. However, affordable mortgages are increasingly seen as out of reach for many, and home ownership is stalling. What policy measures can be put in place to expand the private residential market, and what are the risks with government intervention in the sector?
Smart immigration strategies for global development
Effective immigration policies are increasingly a priority for international businesses, as they wish to deploy talent to invest, innovate, manufacture, sell, and service on a global basis. But immigration presents many complex societal issues, and while various economies may adopt best practices, no one size fits all. How important are sound immigration policies in maintaining economic competitiveness? Which are the key priorities that MNCs would like to adopt in order to improve the global business environment?
The broadening impact of emerging market corporate philanthropy
Emerging market business philanthropy is growing rapidly. Not only is this increased giving having a beneficial impact on the societies in which these businesses operate, it is contributing to employee corporate identity and brand affinity. Where is emerging market philanthropy headed over the coming years?
Unleashing Russia’s talent pool to develop its competitive standing
Russias rich resource base and well-educated population offer a strong foundation for global competitiveness. However, many of the countrys best and brightest often look abroad for economic opportunities. What changes in public policy, as well as private sector approaches, can ensure that Russia-based talent reaches its full potential?
Prospects for the development of a three tier pension system in Russia
Pension systems centered exclusively around state insurance schemes have often proven inadequate, and most major economies have developed corporate pension plans as well as voluntary private pension schemes to provide a more balanced approach. In Russia, less than 10% of the population are enrolled in corporate or private pension programmes, compared to over 70% in Europe and the United States. To what degree can international pension models be effectively adapted to the Russian market? What is the potential for expanding corporate pensions? What are the right incentives to encourage workers and individuals to save for their old age?
Russia possesses the worlds largest reserves of shale formations, with the Bazhenov field alone estimated to have reserves equating to 2,300 billion barrels. Moreover, a number of performing fields will shift to secondary and tertiary production over the coming decades. However, major Russian energy firms have only recently begun to explore methods to enhance extraction techniques. What are the challenges in bringing Russias unconventional extraction online? How might these approaches be adapted to increase the production life of mature fields, and what might be the combined impact on Russias energy sector?
The importance of open data for enterprise and development
Making available publicly held, non-personal data is a multi-government initiative aimed at providing companies, entrepreneurs, and individuals with access, so that they can develop new insights, ideas, and services for the betterment of society. How is this progressing on a global basis and how can business embrace this opportunity?
The future for cultural and economic relations between Russia and the United Kingdom
In recent years, there has been a rapid development in trade, economic, and cultural links between Russia and the United Kingdom, and 2014 has been declared the UKRussia Year of Culture. Between 2009 and 2012, exports from Britain to Russia grew by more than 75% and from Russia to Britain by 65%. Tourism between the two countries has also increased. What steps are needed to broaden this bilateral economic and cultural exchange? Which branches of industry benefit the most from this increase in bilateral trade and investment?
Prospects for bolstering private equity investment in Russia
Although private equity funds have existed in Russia since the 1990s, as a whole the market has largely failed to live up to expectations, both in terms of size and growth rates. What has held back the expansion of private equity investing in Russia and what steps can be taken to spur its development? What can be done to stimulate private equity growth in the hi-tech and other key industries? What are the prospects for pension fund money to be channelled into this investment sector?
The cashless society to deliver improved economic efficiency and transparency
Despite the rapid penetration of banking services and non-cash payments into society, many emerging economies, including Russia, continue to be cash countries. However, the development of cashless payments improves the transparency of the economy, reduces the cost of business transactions, and increases competition in banking services. How can regulators, payment systems, and banks better work together to reduce the share of cash in circulation and increase card and digital transactions? What can be done to motivate customers to use non-cash payments more widely and thereby accelerate the movement to a cashless society?
Expanding integrated logistics to drive the next stage in Finnish–Russian economic development
The past decades robust private sector cross-border investment activity has created the foundation for a strong FinnishRussian economic partnership. However, further investment in construction, logistics, and related infrastructure is needed to expand bilateral trade. What is the potential for this border region to serve as an international gateway for goods and services? What kind of publicprivate models are needed to spur integrated regional growth? What measures should be put in place to ensure cost-efficiency for joint logistics and infrastructure projects?
Does your corporation have an identity crisis? Building a corporate culture to compete
As managers strive to foster work environments where talent, innovation, and productivity are valued and rewarded, they need to create an identity and culture that permeates, if not defines, the organization. What does it mean to have a great corporate culture and how can it best be delivered?
The potential of the Russian innovation platform as a growth engine
Having recently completed visits to 28 Russian cities, having analyzed thousands of projects, and having met many first-time entrepreneurs while implementing the Russian Startup Tour programme, the potential of innovative platforms in Russia can be discussed with a fresh perspective. What strategies can large corporations and investors adopt in order to take advantage of the potential of this new wave? What can be done to further accelerate innovation in Russia? And can we consider high-tech, knowledge-intensive, and innovative businesses as a new driver for Russias economic growth?
Is your company ready for the revolution? Digitalization and manufacturing
A number of technologies advanced software, new materials, improved robotics, and three-dimensional printing are converging to transform approaches to manufacturing. How transformative are these trends and how might these developments shift manufacturing from mass production to mass customization models of production?
Russia’s strategy for powering the northeast Asia economic engine
With Korea, Japan, and China in aggregate accounting for more than 70% of global output, the world has a big stake in the success of these economies. But each of Asias Big Three is resource poor, and Russia has a significant opportunity to expand its economic partnerships in the region. What strategies should Russia pursue as it looks to build a bigger economic footprint in Northeast Asia? How might economic ties develop over the next five years?
The transformation of postal services globally and new economic opportunities
The advent of the information society has spurred new demands in logistics and financial services, transforming the traditional role of postal services. With their extensive network infrastructures, postal systems are well positioned to expand into new services that will not only strengthen the interaction between governments and constituents, but also help meet societys expanding needs. How can improved postal logistics systems and new services help drive economic expansion? What changes must postal systems undertake to satisfy the demands of both the public and private sectors?
What steps are needed to bring Russia’s stalled economy to a new phase of sustained growth?
Over the past decade, a formula of resource-led exports coupled with a burgeoning middle class and underpinned by ample consumer finance has produced robust and sustained economic expansion. However, the recent slowdown has called into question if and how Russia should restructure its economy to deliver the next generation of growth.
Russia – Latin America: a next frontier in pan-regional integration
There is great potential to build on recent discussions to strengthen economic relations between Russia and the Latin American and Caribbean states. What are some of the key sectors where Russia and Latin America can jumpstart trade and investment? How might BRICS economies coordinate greater trade and investment in the region to the benefit of all? Can the use of an integrated currency and independent payments systems become a mobilizing factor for stable partnerships?
Many in the sector believe the current space race has the feel of the Internet economy in the 1990s: characterized by unrestrained creativity coupled with the uncertainty of business models only occasionally bumping into economic realities. Which approaches are showing the most promise, and how will the private sector and new state entrants impact the future of space travel?
Models for revamping Russian industrial competitiveness
With the US reshoring manufacturing capacity and China seeking to move beyond labour-intensive production, the global industrial landscape is undergoing fundamental shifts. Facing stiffer global competition but possessing a well-educated, highly skilled workforce and rich in energy resources what approaches might Russian industrialists and policymakers learn and adopt from the US, China, and others to shore up competitiveness? What immediate steps should be taken to put Russia on a path towards reaching its industrial potential?
The dollars and sense in better managing the Russian environment
Much progress has been made in environmental management over the past two decades when, coming out of the Soviet period, as much as 40% of Russian territory experienced ecological stress. Yet further efforts are called for including the introduction of specific green measures to increase business awareness, improved regulatory frameworks and incentives, and policies to encourage the adoption of new technologies which, if taken in combination, are not only good for the environment, but also strengthen a companys bottom line. Are there some case studies where stronger environmental practices have led to better business efficiencies and more sustained profits? What key systemic policy approaches and technical innovations can drive a new green agenda for Russian industry?
A roadmap for improving Russia’s university system
While the country possesses some of the worlds top individual scientific and technical minds, Russian universities are rarely ranked among the global top 100. What are some of the practical measures that can be taken to strengthen the countrys university system, and in particular, how can the private sector and business leaders help spur better performance?
Russia is the worlds fourth largest energy consumer with an energy intensity several times higher than that of other comparative economies. The Russian Government has set the goal of a 40% reduction of energy intensity by 2020, but to realize this ambition will take some EUR 230 billion in investment. What government support measures and financial incentives are required to advance this policy initiative? Can the private sector alone drive the adoption of energy efficient technologies and how can the interdependency of public and private sector agendas best be managed to achieve optimum savings?
Pushing the technology frontiers in transport and logistics
From autonomous cars, nano-embedded packaging and the Internet of Things to higher speed, fuel-efficient trains and another 2 billion people connected to the Internet, the next decade promises a transformation in transport and logistics. How are businesses managing the rapid pace of technological change in the sector, and what role should governments play in making sure the necessary infrastructure is in place?
Will technology hollow out the global middle class?
Growing trends in income disparity are a concern in both developed and major emerging economies. At the same time, it is estimated that USD 57 trillion of economic activity will be impacted by the automation of knowledge work over the coming decade. How might these technological advances put pressure on middle-class prosperity, and what steps can be taken to ensure economies possess both the competitive skills and the supporting social systems to maintain or improve broad-based affluence?
Encouraged or implored by the media frenzy that surrounds any prominent international conflict, politicians and statesmen have increasingly been relying on sanctions to hurt an unfavorable regime. But sanctions impact economic interests on all sides a loss of capital for one is a loss of profit for another, and a closing of a market for an exporter means scarcity of goods for the importer nation. With Russia in the InfoWars cross-hairs, is it possible for international business players to resist the hype and focus on maximizing economic opportunity?
The Olympic legacy: lessons and opportunities for the 2018 World Cup
While hosting the Olympic games in Sochi gave the entire southwest region a transformational economic and infrastructure boost, Russias next challenge in hosting a major global sporting event is just around the corner. The 2018 FIFA World Cup will be held at 12 stadiums in 11 cities, and while this is a different architecture than an Olympic village hub design, many lessons can be drawn from the Olympic experience. What impact should budget management have on the design of facilities for the World Cup? How have publicprivate partnership models performed in terms of implementing projects on such a grand scale? What should be the long-term impact of investment into athletics and sporting infrastructure, and could this be designed to offer businesses a profitable outlet for investment even after the event?
The era of exponential growth in many emerging economies increasingly looks to be receding into history, setting off a debate on the potential merits of new approaches to economic policy. In the case of Russia, the country can continue to seek the optimum balance and speed of integration into the international economic space; secondly it needs to set its priorities and strike the right balance between traditional and more knowledge-intensive industries over the medium term, and finally, it will need to manage the classical debate on the governments role in the economy. What is the correct path for Russia to deliver the next generation in growth? What problems must be overcome as the government takes strong action to resolve macroeconomic problems, yet introduces necessary liberalization measures which are important for long-term economic stability? What steps should be taken to attract investment to modernize the economy while increasing competitiveness?
Strategic communications: a critical factor for Russia’s competitiveness in global markets
To survive and thrive, Russian business leaders who are steering their operations abroad must find international partners and build new strategic alliances as well as integrate into global production chains and knowledge sharing in order to enjoy the competitive benefits on a multinational scale. Rising to this challenge will require that Russian corporations to not only be clear and transparent, but they should also embody values reflecting global leadership ambitions and focus on partnership-building. How can strategic communications and the latest branding tools be used to accomplish these goals and consequently increase Russian competitiveness in global markets?
The number of urban residents is growing by nearly 60 million per annum, so that by 2050 some 6.4 billion people or seven out of every ten people will be living in a city. This enormous demographic transition requires new approaches in urban planning and development, and cities of all sizes and in all geographies are replacing the modernist town planning concept of the 20th century with the concept of Cities for People, where planning takes place on a human-scale. How can city planners, policy makers, businesses and other constituents best collaborate to make our cities convenient, affordable, lively, safe, and attractive to live in? How can the private sector come to benefit from this fundamental shift in approaches to urban development?