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

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

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, 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 5,000 people working in Russia and abroad.

The Foundation works alongside various UN departments and other international organizations, and is building multi-format cooperation with 173 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 78 countries worldwide, and 188 Russian public organizations, federal and legislative agencies, and federal subjects.

The Roscongress Foundation has Telegram channels in Russian t.me/Roscongress, English – t.me/RoscongressDirect, Spanish – t.me/RoscongressEsp and Arabic t.me/RosCongressArabic. Official website and Information and Analytical System of the Roscongress Foundation:roscongress.org.

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Moving from the Knowledge Economy to the Trust Economy
24 May 2018
15:00—16:15

The trust economy is a dialogue on how to resolve contradictions which are reducing the world’s potential for growth: from social inequality to resurgent protectionism. It is also a search for answers to common challenges: technological, demographic, energy-related, and others. Whether Russia will be able to unleash its economic potential depends on what conditions the government can create for effective and innovative business, on which industries and technologies it focuses right now. Trust plays a crucial role. Without it, there can be no investment, transaction costs increase, and this can impede economic growth. It can truly be considered a fundamental economic category. How does a feeling of trust arise? On what is the degree and prevalence of trust in society dependent? How is trust connected with other aspects of societal development: economic prosperity, civil development, and culture? Finally, what are the consequences of high and low levels of trust in the economy and public life?

Date
24.05.2018
Forum
SPIEF
Started at
15:00—16:15
Conference hall
Pavilion F, Conference Hall F1
Analytics on the topic