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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The Future of the Economy: Education as an Area of Investment
25 May 2018
12:00—13:15

While education policy in Russia so far has largely focused on internal issues affecting the system, today it can and must address global challenges in development. The role of education in accelerating economic growth and ensuring social stability is of key importance. New digital technologies are emerging and shaping the educational infrastructure, and Russia’s growth rate in this area is the second highest in Europe: digital libraries and online higher-education platforms have been developed, and leading research universities are successfully entering the global education market. This has prompted a breakthrough, with Russian universities bringing in two percent of the global audience for MOOCs. While the educational online services market is expected to grow from RUB 1.8 trillion in 2016 to RUB 2 trillion in 2021, these university initiatives have not received sufficient support. Currently, the Russian segment of the market is lagging 20% behind world growth rates; Russia has not entered the global examinations market, and its educational expertise has minimal reach abroad. In OECD countries, 27% of graduate students are foreign, which makes it possible to attract talent to scientific and innovation activities in their economies. In Russia, international students make up only around 5% of graduates. How can education make the transition from a system of social obligations to an area of investment? Towards which areas should investment be directed — talent or accessibility? What business models can be applied in digital transformation and where are the new growth hotspots of the education markets?

Date
25.05.2018
Forum
SPIEF
Started at
12:00—13:15
Conference hall
Congress Centre, Conference Hall D2
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