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 160 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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Fareed  Zakaria

Fareed Zakaria

Journalist, Political Commentator
Quotes
03.06.2021
SPIEF 2021
The Architecture of Post-Pandemic World: Technology, Economy, Society
The success was found not in the quantity of government, but in the quality of government. So, if you look at the places that handled the pandemic the best: Taiwan, Singapore, South Korea, they have actually a smaller share of government than the European countries. State spending, if you want to take it by that measure, is, in some cases, almost half as high as in some European countries. <...> Taiwan only quarantined 1% of the population, keeping the other 99% totally free all the time. No lockdowns, no shutdowns for businesses. The US couldn't quarantine 1% of its population. But it shut down the entire economy. It threw 40 million people out of work. It put hundreds of thousands of businesses out of business, causing massive bankruptcies on a scale never seen since the Great Depression. And that, somehow, is not seen as an infringement of liberty. So, we have to get this balance right, in the future, between risk and reward. Because my final point is, we can’t do this again. If there is another pandemic, <...> we will not be able to respond to it the way we have this time: which is shut down vast parts of the global economy, shut down travel indefinitely, issue vast amounts, trillions and trillions of dollars of debt, and then spend the money to make up the difference. This is a one-shot deal. If this pandemic happens six years from now, ten years from now, fifteen years from now, we are out of money, we will not be able to do this again
03.06.2021
SPIEF 2021
The Architecture of Post-Pandemic World: Technology, Economy, Society
If you look at 1918, the Spanish flu, which is the closest comparison, I suppose. What is notable about the Spanish flu, is that after the Spanish flu, after the end of the pandemic, societies really snapped back and went back to business as usual, life as usual. The Spanish influenza is followed by the Roaring 20s – the Jazz Age. By 1921 in New York City, there were one thousand of what were called speakeasies. These were essentially illegal bars, because of course there was still prohibition of alcohol in the United States in 1920, ‘21, ‘22. Though, imagine how many bars there would've been if it had been legal. So, what you saw was the return of normal life with a ferociousness. I think we will see something different this time. Because the single biggest difference between this pandemic and every other one is the rise of the Digital Economy. It has been possible for large parts of the economy to function without physical contact. That is new