EEF 2019Countries Competing for Economic Growth: What is Russia's Plan?
Russia does not have an independent banking system; we have a Central Bank and its affiliates. For some reason, the independent actors have been destroyed – I think this is another question that needs to be addressed. In its time, the creation of a mega-regulator, according to Shuvalov and Dmitry Medvedev, was supposed to accelerate economic growth. If six years have passed since the mega-regulator was formed and economic growth has not accelerated, then we need to take another step