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

The Roscongress Foundation – a socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; 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 2,500 people working in Russia and abroad. In addition, it works in close cooperation with 122 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 69 countries worldwide.

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Research
29.05.2020

Options to Support Incomes and Formal Employment During COVID-19

The note reviews policy options to mitigate the (formal) employment impact of COVID-19, many of which are being deployed by governments. The immediate priority is to preserve jobs and laid-off workers’ incomes, which calls for short-time work subsidies and scaled-up unemployment insurance—primarily easier eligibility criteria. As activity resumes, wage and hiring subsidies, as well as activation policies, should play a growing role. Clear phasing-out mechanisms are needed at the outset to ensure that these tools do not impede the eventual recovery, including reallocation of workers towards new jobs.


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