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 is a socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and business, public, 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, 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 159 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 75 countries worldwide.

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

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Inequality: A Barrier to Economic Growth
22 January 2020

Globalization and technological development have played major roles in increasing prosperity over the last few decades. However, they have also led to significant inequality in the distribution of economic benefits. After the global financial crisis, both developed and emerging economies expressed growing concern over increasing inequality. More and more often, economists find themselves talking about inequality as, not just as a consequence, but a possible cause of slowed global economic growth. Today, rifts are growing in the distribution of profits and wealth among various subsections of the population and in access to basic social goods such as healthcare, education, and housing. Inequality also influences the efficacy of ‘social elevators’. What are ways to increase the inclusivity of economic growth, such as national and international taxation systems, social and regional policies, labour market regulation, and digitalization?

Russia House in Davos
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