A socially oriented non-financial development institution and a major organizer of international conventions, congress, exhibitions, business, social and sporting, public, and cultural events.

The Roscongress Foundation – a socially oriented non-financial development institution and a major organizer of international conventions, congress, exhibitions, business, social and sporting, public, and cultural events.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, and helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5000 people working in Russia and abroad. In addition, it works in close cooperation with 130 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 70 countries worldwide.

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Analytical digest
23.07.2020

Survey of the current state of the economy and the outlook for overcoming the crisis around the world

The analytical digest, compiled by Roscongress Foundation experts, examines the interim results of efforts to mitigate the negative economic consequences of the pandemic, as well as the ability of different countries to overcome the crisis. The global economy is suffering severe shocks brought about by the global spread of COVID-19. Governments around the world have had to impose lockdown measures in the fight against the pandemic, including through the closure of state borders, which has led to significant reductions in economic activity, decreased trade volumes, disrupted global supply chains, sparked investment outflows, and increased national budget deficits, affecting developed and developing countries alike. It is expected that global GDP will contract by 6% in 2020, and foreign direct investment will fall by 40%. The majority of governments around the world have taken unprecedented measures to support their populations and businesses. The analytical digest looks at the current state of the economy and the outlook for overcoming the crisis around the world, covering North America (with a case study of the USA), Latin America and the Caribbean, Europe, Northeast, Southeast and Central Asia, the Middle East, and North Africa.

Analytics on the topic