The document summarizes the Global Russia Business Meeting that took place from April 6-7, 2014 in Valencia, Spain. The meeting was hosted by the City of Valencia and organized by Horasis, bringing together over 300 participants from 30 countries.
The meeting provided an opportunity for business, government, and academic leaders to discuss Russia's role in the global economy amid geopolitical tensions between Russia and Western countries over Ukraine. Key topics included Russia's economic outlook, investment climate, innovation, and strategies for diversifying the economy beyond oil and gas.
Two prominent Russian business leaders were honored at the event - Bo Inge Andersson of AvtoVAZ and Dmitri Gromov of RTS Tele
Possibilities of a Strategic Relationship Between Russia and Saudi ArabiaRussian Council
Russia’s foreign policy in the Middle East is a multidimensional endeavour, which calls for something akin to strategic relations to be built with inf uential regional actors. Pursuing a partnership with Saudi Arabia
is a comprehensive task for the Russian Federation.
Saudi Arabia is a leading country in the Cooperation Council for the Arab States of the Gulf (GCC) and, like Russia, it is a serious player on the global oil market. Changes in the region and around the world, as well as the declaration by Saudi Arabia in April 2016 of its socioeconomic transformation in the “Vision for Saudi Arabia until the year 2030” open up new opportunities for the two countries.
This report presents the results of analytical monitoring performed by leading Russian and Chinese experts on the key processes in Russian-Chinese relations in 2013–2014. They analyzed the strategic format of interaction between the two countries in the international arena and their relations in the fields of trade, investment (interbank), energy (hydrocarbons), transport, educational, scientific, and cultural areas. They considered the available resources and possibilities of enhancing the Russian-Chinese strategic partnership, as well as the difficulties and challenges they face in the modern day. The experts elaborate their conclusions, recommendations, and development scenarios for bilateral relations in future.
Second International Conference “Russia and China: Taking on a New Quality of...Russian Council
On May 30-31, 2016 Russian International Affairs Council held the Second International Conference titled “Russia and China: Taking on a New Quality of Bilateral Relations”. Senior officials, academics, experts on various aspects of bilateral relations, as well as representatives of businesses and media from both Russia and China took part in the Conference. The plenary and expert sessions of the Conference discussed priority areas of Russia–China bilateral and multilateral cooperation. Particular attention was given to coordinating Russia and China’s efforts channeled into developing global governance institutions and ensuring security in Northeast Asia, to the prospects for interaction within the Russia – India – China triangle, to the issues of infrastructure and economic cooperation in Eurasia, to the impact both internal and external factors have on the quality and volume of the Russia-China trade, to the prospects for implementing bilateral projects in education and culture, in the media sphere, and to the joint search for solutions to the current environmental problems.
Proposals on Building a Regional Security System in West Asia and North AfricaRussian Council
This paper presents proposals on building a regional security system in West Asia and North Africa. The authors propose to use the term “West Asia” to facilitate new views and approaches on the existing problems and bring economic and geographical interaction to the forefront of the relations between the external and regional actors and within regional actors themselves. The authors emphasize the need to reorganize the economies of the states of the region, including, in particular, the Arab Mashreq subregion. It would help to restore the previously disrupted balance of power. The multiplicity of crises in West Asia and North Africa impairs the effectiveness of the region’s international institutions and is not conducive to advancing regional integration projects. Setting up provisional working groups comprised of regional leaders (or using similar formats) appears to be the most adequate solution; strategically, the most adequate way would be to create a comprehensive security system.
Shanghai Cooperation Organisation. Model 2014–2015Russian Council
The working paper is devoted to the activities of the Shanghai Cooperation Organisation (SCO), its influence on the Central Asian region, adjacent areas and states. Its relevance derives from the national security interests of Russia and the Central Asian region, connected to the need to develop and adopt a long-term SCO Development Strategy up to 2025. The document provides different scenarios for the Organisation’s development, its likely reaction to crises in the region, including in Afghanistan, the possibility of the key players (Russia and China) strengthening its potential, as well as options for increasing the number of permanent members and collaborating with observer countries (India, Pakistan, Iran and Mongolia).
The possibilities for and impediments to strengthening the geopolitical role of the SCO are analysed and practical recommendations are given.
G20, G8, BRICS development momentum and interests of RussiaRussian Council
The report presents key findings and recommendations of several scientific and expert workshops conducted by Russian International Affairs Council within the project «Increasing the effectiveness of Russia’s Participation in G8, G20, and BRICS in accordance with the Priorities and National Interests of Russia».
Doing Business in Russia and CIS Countries: Soviet Union overview, CIS overview, Russia Overview, History of Russia, Russia Relations, Russia - SEA cooperation, Russia sectors, Tax overview, Company incorporation, LLC vs Representation
Possibilities of a Strategic Relationship Between Russia and Saudi ArabiaRussian Council
Russia’s foreign policy in the Middle East is a multidimensional endeavour, which calls for something akin to strategic relations to be built with inf uential regional actors. Pursuing a partnership with Saudi Arabia
is a comprehensive task for the Russian Federation.
Saudi Arabia is a leading country in the Cooperation Council for the Arab States of the Gulf (GCC) and, like Russia, it is a serious player on the global oil market. Changes in the region and around the world, as well as the declaration by Saudi Arabia in April 2016 of its socioeconomic transformation in the “Vision for Saudi Arabia until the year 2030” open up new opportunities for the two countries.
This report presents the results of analytical monitoring performed by leading Russian and Chinese experts on the key processes in Russian-Chinese relations in 2013–2014. They analyzed the strategic format of interaction between the two countries in the international arena and their relations in the fields of trade, investment (interbank), energy (hydrocarbons), transport, educational, scientific, and cultural areas. They considered the available resources and possibilities of enhancing the Russian-Chinese strategic partnership, as well as the difficulties and challenges they face in the modern day. The experts elaborate their conclusions, recommendations, and development scenarios for bilateral relations in future.
Second International Conference “Russia and China: Taking on a New Quality of...Russian Council
On May 30-31, 2016 Russian International Affairs Council held the Second International Conference titled “Russia and China: Taking on a New Quality of Bilateral Relations”. Senior officials, academics, experts on various aspects of bilateral relations, as well as representatives of businesses and media from both Russia and China took part in the Conference. The plenary and expert sessions of the Conference discussed priority areas of Russia–China bilateral and multilateral cooperation. Particular attention was given to coordinating Russia and China’s efforts channeled into developing global governance institutions and ensuring security in Northeast Asia, to the prospects for interaction within the Russia – India – China triangle, to the issues of infrastructure and economic cooperation in Eurasia, to the impact both internal and external factors have on the quality and volume of the Russia-China trade, to the prospects for implementing bilateral projects in education and culture, in the media sphere, and to the joint search for solutions to the current environmental problems.
Proposals on Building a Regional Security System in West Asia and North AfricaRussian Council
This paper presents proposals on building a regional security system in West Asia and North Africa. The authors propose to use the term “West Asia” to facilitate new views and approaches on the existing problems and bring economic and geographical interaction to the forefront of the relations between the external and regional actors and within regional actors themselves. The authors emphasize the need to reorganize the economies of the states of the region, including, in particular, the Arab Mashreq subregion. It would help to restore the previously disrupted balance of power. The multiplicity of crises in West Asia and North Africa impairs the effectiveness of the region’s international institutions and is not conducive to advancing regional integration projects. Setting up provisional working groups comprised of regional leaders (or using similar formats) appears to be the most adequate solution; strategically, the most adequate way would be to create a comprehensive security system.
Shanghai Cooperation Organisation. Model 2014–2015Russian Council
The working paper is devoted to the activities of the Shanghai Cooperation Organisation (SCO), its influence on the Central Asian region, adjacent areas and states. Its relevance derives from the national security interests of Russia and the Central Asian region, connected to the need to develop and adopt a long-term SCO Development Strategy up to 2025. The document provides different scenarios for the Organisation’s development, its likely reaction to crises in the region, including in Afghanistan, the possibility of the key players (Russia and China) strengthening its potential, as well as options for increasing the number of permanent members and collaborating with observer countries (India, Pakistan, Iran and Mongolia).
The possibilities for and impediments to strengthening the geopolitical role of the SCO are analysed and practical recommendations are given.
G20, G8, BRICS development momentum and interests of RussiaRussian Council
The report presents key findings and recommendations of several scientific and expert workshops conducted by Russian International Affairs Council within the project «Increasing the effectiveness of Russia’s Participation in G8, G20, and BRICS in accordance with the Priorities and National Interests of Russia».
Doing Business in Russia and CIS Countries: Soviet Union overview, CIS overview, Russia Overview, History of Russia, Russia Relations, Russia - SEA cooperation, Russia sectors, Tax overview, Company incorporation, LLC vs Representation
Recruiting Foreign Terrorist Fighters and Dealing with Returnees: European Ex...Russian Council
The Working Paper highlights and compares the most credible estimates of the number of militants arriving from different countries according to data published by the security services of various nations, as well as by leading research centres across the globe. Particular attention is paid to assessments of the situation regarding terrorists leaving, and then coming back to Europe, Russia and Central Asian countries; the link between migration and the recruitment of terrorists; and an analysis of the most common factors driving recruitment. This paper also includes a review of methods used by other countries to combat the recruitment of terrorists, as well as measures taken to reintegrate returning militants into society.
Doing business and investing in the Russian Federation, 2015PwC Russia
This guide has been prepared for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this guide without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy, timeliness or completeness of the information contained in this guide, and, to the extent permitted by law, PwC, its members, employees and agents accept no liability, and disclaim all responsibility, for the consequences of you or anyone else acting, or refraining to act, in reliance on the information
contained in this guide or for any decision based on it.
Internationalization of Russian Universities: The Chinese VectorRussian Council
This Report was prepared by the Russian International Affairs Council (RIAC) as a part of the project “The Development of Russian—Chinese Relations”, based on research of the practical experience accumulated by several leading Russian universities. The Report contains a number of particular recommendations aimed at reinforcing Russia’s positions in the education market of China and the Asia-Pacific region in general, as well as developing Russia’s innovation potential through the expansion of mutually beneficial scientific and educational cooperation between the two countries.
The Russian Federation’s International Science and Technology Cooperation: An...Russian Council
This report has been prepared as part of the Russian International Affairs Council’s project Russia’s International Science and Technology Cooperation. The report looks into the present state of Russian science in comparative perspective, analyses Russia’s key goals and objectives in terms of improving the international competitiveness of domestic science, provides an overview of Russian legislation on international science and technology cooperation, and identifies the key issues that international science and technology cooperation is expected to help resolve. The author identifies a number of priority areas in Russia’s international science and technology cooperation and proposes a number of steps to promote Russia’s interests in international science and technology cooperation.
Migration of capital, transnationalization of the world economy jung boramiriotas
Translated version of International Economics Master thesis from the St. Petersburg State University of Economics & Finance in 2008.
(Original is in Russian)
English version is also available.
The Global Context: How Politics, Investment, and Institutions Impact Europea...ESADE
The objective of this book is to examine the global context within which European businesses operate, scrutinizing in depth how global and European politics, investment flows, and institutions affect these firms, and offering strategies adapted to these circumstances. Edited by Javier Solana and Angel Saz-Carranza and co-edited by Marie Vandendriessche and Alison Courtney, it addresses such questions as: How do global trends impact European firms, and is being part of the European Union a mitigating factor? How do today’s political and institutional developments in Europe affect businesses there? How do investments flow across the globe, and where and how do they arrive and leave Europe?
For improved text quality, please download this ebook using the download button above.
Editors:
Javier Solana
President of ESADEgeo - Center for Global Economy and Geopolitics.
Angel Saz-Carranza
Director of ESADEgeo - Center for Global Economy and Geopolitics.
Over the last years relations between Russia and the US have significantly deteriorated in the majority of cooperation areas. However, Russia-US interaction in the Arctic remains largely shielded from the general climate of mistrust.
Given the current strained relationship, it is realistic to expect that particularly in the short term Russia—US cooperation on Arctic issues is easier to improve, and thus more likely to be expected within multilateral frameworks, such as the Arctic Council, International Maritime Organization, or ad hoc forums, rather than through bilateral formats.
The Working Paper focuses on the US and Russia’s interests, challenges and opportunities for maintaining and consolidating a cooperative relationship in the Arctic and seeks to identify particular issues that could and should be pursued in the near-term (next three years) and mid-term (next five years) taking into account the results of the US Chairmanship of the Arctic Council.
The Russian International Affairs Council has prepared the complete version of its annual report which contains a detailed description of program activities, results of implemented projects and contests, key events, publications and other achievements.
This article compares the opportunities and constraints of the Chinese and Indian capital markets. While the Indian market is more open to foreign portfolio investments, there are governance and reliability risks as well as substantial volatility. In the Chinese case, much of the market is closed to foreign portfolio investors. While exposure to these markets offers important opportunities for diversification, both also have drawbacks which must be clearly understood for their risks to be effectively managed.
The report reviews key issues in energy trade and cooperation between the EU and CIS countries. It describes historical trends of oil and gas demand in the EU, other European and CIS countries and offers demand forecasts until 2030. Recent developments in oil and gas production and exports from Russia and Caspian countries are covered in detail leading to the discussion of the likely export potential of these regions. The key factors determining the production outlook, trade-offs and competition related to energy resources transportation choices are also discussed. The report also covers the interests and role of transit countries in relations between producer and consumer regions. The analytical section leads to policy recommendations that focus mainly on the EU.
Authored by: Sabit Bagirov, Leonid Grigoriev, Wojciech Paczynski, Vladimer Papava, Marcel Salikhov, Michael Tokmazishvili
Published in 2009
A Report of the CSIS Russia and Eurasia Program and the Russian International Affairs Council
At a time when tension between the US and Russia is higher than it has been in decades, we cannot forget that the relationship between these two countries is among the most important for global security. On any number of issues, from arms control to the Middle East, failure of the U.S. and Russia to communicate will make things much, much worse, with repercussions that will last for generations and affect the entire world. For this reason, CSIS and RIAC convened some of Russia’s and America’s top experts to think through the future of the bilateral relationship. The result is a series of papers that identify both the spheres where coordination is crucial and those where it may be possible, responding to mutual interests and potentially helping to stabilize the relationship and buffer against conflict in the future. For both, they offer concrete recommendations and a clear-eyed take on what can, and what cannot be done.
The analyses that follow examine prospects for Russia-U.S. cooperation in several crucial regions and fields: economics, energy, the Arctic, Euro-Atlantic security, the Middle East, strategic stability, cybersecurity, and countering terrorism and extremism. They offer actionable recommendations in each area, some of which can, and should be undertaken today, and some of which should be considered by policymakers in Moscow and Washington as they chart a course through dangerous and uncertain times.
Recruiting Foreign Terrorist Fighters and Dealing with Returnees: European Ex...Russian Council
The Working Paper highlights and compares the most credible estimates of the number of militants arriving from different countries according to data published by the security services of various nations, as well as by leading research centres across the globe. Particular attention is paid to assessments of the situation regarding terrorists leaving, and then coming back to Europe, Russia and Central Asian countries; the link between migration and the recruitment of terrorists; and an analysis of the most common factors driving recruitment. This paper also includes a review of methods used by other countries to combat the recruitment of terrorists, as well as measures taken to reintegrate returning militants into society.
Doing business and investing in the Russian Federation, 2015PwC Russia
This guide has been prepared for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this guide without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy, timeliness or completeness of the information contained in this guide, and, to the extent permitted by law, PwC, its members, employees and agents accept no liability, and disclaim all responsibility, for the consequences of you or anyone else acting, or refraining to act, in reliance on the information
contained in this guide or for any decision based on it.
Internationalization of Russian Universities: The Chinese VectorRussian Council
This Report was prepared by the Russian International Affairs Council (RIAC) as a part of the project “The Development of Russian—Chinese Relations”, based on research of the practical experience accumulated by several leading Russian universities. The Report contains a number of particular recommendations aimed at reinforcing Russia’s positions in the education market of China and the Asia-Pacific region in general, as well as developing Russia’s innovation potential through the expansion of mutually beneficial scientific and educational cooperation between the two countries.
The Russian Federation’s International Science and Technology Cooperation: An...Russian Council
This report has been prepared as part of the Russian International Affairs Council’s project Russia’s International Science and Technology Cooperation. The report looks into the present state of Russian science in comparative perspective, analyses Russia’s key goals and objectives in terms of improving the international competitiveness of domestic science, provides an overview of Russian legislation on international science and technology cooperation, and identifies the key issues that international science and technology cooperation is expected to help resolve. The author identifies a number of priority areas in Russia’s international science and technology cooperation and proposes a number of steps to promote Russia’s interests in international science and technology cooperation.
Migration of capital, transnationalization of the world economy jung boramiriotas
Translated version of International Economics Master thesis from the St. Petersburg State University of Economics & Finance in 2008.
(Original is in Russian)
English version is also available.
The Global Context: How Politics, Investment, and Institutions Impact Europea...ESADE
The objective of this book is to examine the global context within which European businesses operate, scrutinizing in depth how global and European politics, investment flows, and institutions affect these firms, and offering strategies adapted to these circumstances. Edited by Javier Solana and Angel Saz-Carranza and co-edited by Marie Vandendriessche and Alison Courtney, it addresses such questions as: How do global trends impact European firms, and is being part of the European Union a mitigating factor? How do today’s political and institutional developments in Europe affect businesses there? How do investments flow across the globe, and where and how do they arrive and leave Europe?
For improved text quality, please download this ebook using the download button above.
Editors:
Javier Solana
President of ESADEgeo - Center for Global Economy and Geopolitics.
Angel Saz-Carranza
Director of ESADEgeo - Center for Global Economy and Geopolitics.
Over the last years relations between Russia and the US have significantly deteriorated in the majority of cooperation areas. However, Russia-US interaction in the Arctic remains largely shielded from the general climate of mistrust.
Given the current strained relationship, it is realistic to expect that particularly in the short term Russia—US cooperation on Arctic issues is easier to improve, and thus more likely to be expected within multilateral frameworks, such as the Arctic Council, International Maritime Organization, or ad hoc forums, rather than through bilateral formats.
The Working Paper focuses on the US and Russia’s interests, challenges and opportunities for maintaining and consolidating a cooperative relationship in the Arctic and seeks to identify particular issues that could and should be pursued in the near-term (next three years) and mid-term (next five years) taking into account the results of the US Chairmanship of the Arctic Council.
The Russian International Affairs Council has prepared the complete version of its annual report which contains a detailed description of program activities, results of implemented projects and contests, key events, publications and other achievements.
This article compares the opportunities and constraints of the Chinese and Indian capital markets. While the Indian market is more open to foreign portfolio investments, there are governance and reliability risks as well as substantial volatility. In the Chinese case, much of the market is closed to foreign portfolio investors. While exposure to these markets offers important opportunities for diversification, both also have drawbacks which must be clearly understood for their risks to be effectively managed.
The report reviews key issues in energy trade and cooperation between the EU and CIS countries. It describes historical trends of oil and gas demand in the EU, other European and CIS countries and offers demand forecasts until 2030. Recent developments in oil and gas production and exports from Russia and Caspian countries are covered in detail leading to the discussion of the likely export potential of these regions. The key factors determining the production outlook, trade-offs and competition related to energy resources transportation choices are also discussed. The report also covers the interests and role of transit countries in relations between producer and consumer regions. The analytical section leads to policy recommendations that focus mainly on the EU.
Authored by: Sabit Bagirov, Leonid Grigoriev, Wojciech Paczynski, Vladimer Papava, Marcel Salikhov, Michael Tokmazishvili
Published in 2009
A Report of the CSIS Russia and Eurasia Program and the Russian International Affairs Council
At a time when tension between the US and Russia is higher than it has been in decades, we cannot forget that the relationship between these two countries is among the most important for global security. On any number of issues, from arms control to the Middle East, failure of the U.S. and Russia to communicate will make things much, much worse, with repercussions that will last for generations and affect the entire world. For this reason, CSIS and RIAC convened some of Russia’s and America’s top experts to think through the future of the bilateral relationship. The result is a series of papers that identify both the spheres where coordination is crucial and those where it may be possible, responding to mutual interests and potentially helping to stabilize the relationship and buffer against conflict in the future. For both, they offer concrete recommendations and a clear-eyed take on what can, and what cannot be done.
The analyses that follow examine prospects for Russia-U.S. cooperation in several crucial regions and fields: economics, energy, the Arctic, Euro-Atlantic security, the Middle East, strategic stability, cybersecurity, and countering terrorism and extremism. They offer actionable recommendations in each area, some of which can, and should be undertaken today, and some of which should be considered by policymakers in Moscow and Washington as they chart a course through dangerous and uncertain times.
メタメリズムを使ったアート作品を作るための絵の具の調合割合を計算する手法を開発しました.ある光のもとで観測した油絵と別の光のもとで観測した油絵が異なる絵に見えるトリックアート作品を作ることができます.
We proposed a method to estimate the mixing ratio of oil paints in order to create artistic illusion caused by metameric paints. You can create artistic illusion that makes different picture seen under different light.
Smart City Semantics - Data Analytics and Human Computation to understand the...Irene Celino
Smart City Semantics: Data Analytics and Human Computation to understand the Living Land Use. Presentation at the "Comitato Italo-Svizzero per la Geoinformatica"
Press release for the St. Petersburg International Economic Forum (SPIEF), which will be held on 18-20th of June 2015, with support and participation of the President of the Russian Federation Vladimir Putin.
Development of Russian–Chinese Trade, Economic, Financial and Cross-Border Re...Russian Council
This Working Paper was prepared as part of a research project concerning the development of strategic partnership and constructive cooperation between Russia and China carried out by the Russian International Affairs Council (RIAC).
The authors present the results of a comprehensive review of Russian–Chinese trade, economic, financial and cross-border relations, analyse the impact of strengthening bilateral cooperation between the Russian Federation and the People’s Republic of China on the prospects of a “partnership for modernization”, and offer some recommendations in the area of bilateral relations and the development of Eastern Siberia and the Russian Far East.
Read the answers for the following questions at the brochure:
- Why invest in Russia?
- About RDIF
- RDIF's initiatives
- Portfolio companies
- RDIF partnerships
Russia is proving to be resilient in the current climate, according to our latest survey. Looking to the future, Russia’s entry into the World Trade Organization (WTO) and the diversification of its FDI portfolio are expected to increase the country’s investment appeal.
Horasis China Meeting Report 2018 was produced by Horasis, Government of Ukraine, China Federation of Industrial Economics(CFIE) and Global Transformation Platform(GTP) together. The 14th Horasis China Meeting took place in Kyiv, UK over 14-16th October, 2018.
Chief Strategy Officer of Future City Summit and Good City Foundation, Ms. Peggy Tse, CFA, was invited to engage as a panelist in the session "Unlocking the Potential of Youth" along with other panelists from East Media of China, Young Entrepreneurs Organisation of European Union, Yiqiao of China and Spread Inc. from Ukraine.
Cooperation between the Russian Federation and the Arab Republic of Egypt: Op...Russian Council
Working paper prepared by the Russian International Affairs Council (RIAC) within the project «Middle East: Political Dynamics and Russia’s Interests». The authors examine the main trends in the development of the political and economic situation in Egypt, analyze the state of Russian-Egyptian relations, lead recommendations for their further development, examine the role of Egypt through the prism of the exacerbation of regional conflicts and threats in the Middle East, analyze the prospects for Russian-Egyptian cooperation in addressing regional problems.
Russia's Lost Decade? Challenges to Growth, Recipes for AccelerationAndrey Shapenko
The Russian economy today is going through a critical stage. The growth model, which catapulted the country into the world’s top ten economies’ list has been exhausted and most experts believe that Russia is facing a long period of low or no growth. While the world is moving forward, Russia’s standing still. Hovering anxiously in one place means its economy is becoming smaller and is further increasing its competitive gap.
The ailing economy is often blamed on the falling oil prices combined with the economic sanctions that were imposed on Russia in 2014. However, the array of challenges that the economy is facing today is much broader than that, and the recession in Russia has deeper roots.
This report represents an attempt to discuss those roots and to summarize economic agenda that the country's leadership will face on the way to restart growth, amid the 2018 presidential elections. This agenda will define economic and fiscal policy over the next 5-10 years, and thus will impact anyone who is doing business or going to invest in the country.
This paper proposes a new method for measuring the degree to which the domestic capital stock is self-financed. The main idea is to use the national accounts to construct a self-financing ratio, indicating what would have been the autarky stock of tangible capital supported by actual past domestic past saving, relative to the actual stock of capital. We use the constructed measure of self-financing to evaluate the impact of the growing global financial integration on the sources of financing domestic capital stocks in developing countries. On average, 90% of the stock of capital in developing countries is self financed, and this fraction was surprisingly stable throughout the 1990s. The greater integration of financial markets has not changed the dispersion of self-financing rates, and the correlation between changes in de-facto financial integration and changes in self-financing ratios is statistically insignificant. There is no evidence of any "growth bonus" associated with increasing the financing share of foreign savings. In fact, the evidence suggests the opposite: throughout the 1990s, countries with higher self-financing ratios grew significantly faster than countries with low self-financing ratios. This result persists even after controlling growth for the quality of institutions. We also find that higher volatility of the self-financing ratios is associated with lower growth rates, and that better institutions are associated with lower volatility of the self-financing ratios. These findings are consistent with the notion that financial integration may have facilitated diversification of assets and liabilities, but failed to offer new net sources of financing capital in developing countries.
Authored by: Joshua Aizenman, Brian Pinto, Artur Radziwill
Published in 2004
Few highlights of the 4th Sovereign Wealth Fund Report, written by ESADE, KPMG Spain, and ICEX–Invest in Spain:
-Sovereign wealth funds managed assets worth a record $7.1 trillion in 2014
- Sovereign wealth funds (SWFs) have increased and consolidated their investment flows.
- Worldwide, there are currently 92 active SWFs (eight more than last year) and the assets under their management are worth a total of $7.1 trillion (up from $5.9 trillion last year). Meanwhile, a further 25 countries are considering the possibility of creating a SWF.
- The greatest investment capacity is concentrated in four areas – Norway, Southeast Asia, the Gulf Cooperation Council countries, and China – but Africa and Latin America are also emerging as important SWF regions.
More highlights here: http://esade.me/1RBu9NJ
70th Anniversary of Russia-India Relations: New Horizons of Privileged Partne...Russian Council
In 2017, Russia and India celebrate the 70th anniversary of diplomatic relations. Over the years, the two states have steadily developed mutually beneficial ties. Their cooperation has achieved the level of special and privileged strategic partnership. Regular contacts between the two leaders have become an established practice. On June 1–2, 2017, Prime Minister of India Narendra Modi is visiting Russia. On May 30, 2017, President of Russia Vladimir Putin’s article “Russia and India: 70 years together” was published in the Times of India. In the article the Russian President stated that the enormous potential of cooperation between the two great powers will be further explored for the benefit of the peoples of India and Russia and the international community in general.
However, in order to make full use of the collaboration potential, ties between Russia and India should be taken to a qualitatively new level. Russian International Affairs Council (RIAC) and the Vivekananda International Foundation (VIF) have drafted a joint report in order to open up a new discussion on the prospects of Russia-India relations and the steps required to develop them further. The authors express hope that ideas and recommendations expressed in the paper will provide the necessary expert support for state level contacts and will be helpful in foreign policy decision-making by the two governments.
Cento Ventures Southeast Asia Tech Investments 2018Renata George
Top three things to know about Southeast Asia Tech Investment Activity in 2018 and the full report by Cento Ventures:
- Exits in the range of USD50M - USD100M are happening more often
- VCs actively invest in fintech, real estate, logistics, and business automation startups
- Lack of seed capital - Deals smaller than USD0.5M continue to decline
Reading this presentation will let you know everything about the boiling digital market in Russia, from its roots in Russian culture, to the innovative startups of nowadays.
Mei Meng — Инновационная модель Китая на примере Научного парка при Университ...Renata George
Summit of Innovation Economy Creators.
Mei Meng.
Основатель Технопарка университета Цинхуа TusPark, председатель управляющей компании Технопарка TusPark Co. Ltd., глава Центра развития Технопарка. Постоянный член правления Китайской Ассоциации технопарков при университетах. Заместитель генерального секретаря Фонда по образованию университета Цинхуа.
Herbert Chen — How to Make the Dream Become True? Summit of Innovation Econom...Renata George
Summit of Innovation Economy Creators.
Herbert Chen.
Вице-президент Научного парка при Университете Цинхуа. Заместитель директора Центра развития Научного парка при Университете Цинхуа в Пекине. Директор Пекинского подразделения Международной ассоциации научных парков, IASP. Постоянный участник и спикер международных конференций по инновационному развитию.
E. Anthony Tan — Fostering Innovation Development - Hong Kong ExperienceRenata George
Summit of Innovation Economy Creators.
Anthony E. Tan.
Исполнительный директор Корпорации Научных и технологических парков Гонконга, ранее консультант для DuPont по инвестициям в сфере создания новых материалов, биомедицине, химических и агрохимических препаратов. Более 30 лет создавал хай-тек инфраструктуры в АТР для DuPont (в Шанхае, Пекине и дельте реки Жемчужная). Постоянный участник международных конференций по инновациям. Прекрасно известен во всём мире.
John Kao — Skolkovo Summit of Innovation Economy CreatorsRenata George
Summit of Innovation Economy Creators.
John Kao.
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Summit of Innovation Economy Creators.
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Sven-Thore Holm — Global Summit of Innovation Economy CreatorsRenata George
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Sven-Thore Holm.
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Horasis Global Russia Business Meeting 2014 | Report
1. Global Russia Business Meeting
6-7 April 2014,Valencia, Spain
a Horasis-leadership event
Co-host:
City of Valencia
Report
2. 2
Horasis is a global visions community committed to enact visions for a sustainable future (http:/www.horasis.org)
Upcoming Horasis events:
Global India Business Meeting Liverpool, United Kingdom, 22-23 June 2014
Global China Business Meeting Lake Como, Italy, 13-14 October 2014
3. Global Russia Business Meeting
6-7 April 2014,Valencia, Spain
a Horasis-leadership event
Co-host:
City of Valencia
Co-organizers:
AMEC
Association of Orthodox Business Leaders
Association of European Businesses in Russia
Center for Entrepreneurship, Russia
CIERVAL: Confederation of Employers and Industries of the
Autonomous Region of Valencia
Delovaya Rossiya
InternationalYoung Entrepreneurs Club
Pacific Basin Economic Council (PBEC).
Russian-American Chamber of Commerce
Co-chairs:
Bo Inge Andersson President,AvtoVAZ, Russia
Christodoulos Angastiniotis Chairman, Invest Cyprus, Cyprus
Viktor A. Belogub Chairman, webinar.ru, Russia
Sergey Demin Chairman, SynergyTechnologies, Russia
JoséVicente González President, CIERVAL, Spain
Yoanna Gouchtchina Founder and Chief Executive Officer, ZeeRabbit Inc, Russia
DmitriA. Gromov Chief Executive Officer, RTSTelecom, Russia
Peter Loukianoff Chairman,Third Rome Black RiverVentures, USA
Alexey Matlakov Founder and Chief Executive Officer, Leto, Russia
Vachara Phanchet Chairman, Sittipol Holdings,Thailand
Alena Popova Co-founder, StartupWomen, Russia
AlfonsoVegara President, Fundacion Metropoli, Spain
Tan Sri Dato’ MichaelYeoh Chief Executive Officer,Asian Strategy & Leadership Institute, Malaysia
YuryVoicehovsky Chief Executive Officer, National InvestmentAgency‘Invest in Russia’, Russia
Strategic Partners:
Baker & McKenzie
The European House –Ambrosetti
3
5. Hotel Las Arenas,venue of the opening dinner
5
Table of Contents
Foreword 6
Celebrating the 2014 Russian Business Leaders of theYear 14
From Printed Houses toWooden Skyscrapers 16
6. Victor Zoubarev,Deputy of the Russian State Duma,
keynoting the Gobal Russia Business Meeting
Alexander Parkhomenko,Chairman,Euromesh Holding,Russia,
welcoming participants on behalf of Delovaya Rossiya
6
Foreword
The fifth Horasis Global Russia Business
Meeting which took place from 6-7April
2014 inValencia, Spain, was both oppor-
tune and relevant to exchange views and
ideas on the way ahead for Russia and the
world. Previous meetings were held in
Ljubljana, Slovenia (2010), Limassol (2011),
Luxembourg (2012) and Limassol (2013)
– however this meeting was overshadowed
by the difficult ongoing tensions between
Russia and the Ukraine and by the divergent
views expressed by other governments.
Frictions between Moscow and theWest
have surged in recent days as pro-Moscow
forces took over the Crimea, which then
held a referendum on becoming part of
Russia. Despite those tensions, participants
of the Global Russia Business Meeting
focused on how dialogue can solve the
complex underpinnings linked to this
lingering conflict.
A large number of CEOs from Russia came
together with leaders from around the
globe to discuss Russia’s and the world’s
current economic and political state.The
Global Russia Business Meeting provided a
valuable and timely opportunity for leaders
from government, business and academia
to meet and discuss Russia’s important role
as a driving force of the world economy.
We would like to share with you this report
which encapsulates the key topics and
ideas discussed as more than 300 partici-
pants from 30 countries attended the
Global Russia Business Meeting.This report
reflects the longstanding commitment of
Horasis to assist leaders in anticipating –
and preparing for – an increasingly challen-
ging future strategic environment.
The meeting was led by the following
meeting co-chairs: Bo Inge Andersson,
President,AvtoVAZ, Russia; Christodoulos
Angastiniotis, Chairman, Invest Cyprus,
Cyprus; Viktor A. Belogub, Chairman,
webinar.ru, Russia; Sergey Demin, Chair-
man, SynergyTechnologies, Russia; José
Vicente González, President, CIERVAL,
Rita Barbera,Mayor of Valencia,Spain – the patron of the 2014 Global Russia Business Meeting
7. Spain; Yoanna Gouchtchina, Founder
and Chief Executive Officer, ZeeRabbit Inc,
Russia; Dmitri A. Gromov, Chief Exe-
cutive Officer, RTSTelecom, Russia; Peter
Loukianoff, Chairman,Third Rome Black
RiverVentures, USA; Alexey Matlakov,
Founder and Chief Executive Officer, Leto,
Russia; Vachara Phanchet, Chairman,
Sittipol Holdings,Thailand; Alena Popova,
Co-founder, StartupWomen, Russia;
Alfonso Vegara, President, Fundacion
Metropoli, Spain; Tan Sri Dato' Michael
Yeoh, Chief Executive Officer,Asian
Strategy & Leadership Institute, Malaysia;
Yury Voicehovsky, Chief Executive
Officer, National Investment Agency
‘Invest in Russia’, Russia.
Horasis devoted this fifth edition of the
Global Russia Business Meeting to discus-
sing Russia’s choices to bolster its compe-
titive position in the world economy.
Participants examined the Russian economy
in terms of growth strategies, innovation,
technology, natural resources, entrepre-
neurship, social responsibility and
strategies for economic cooperation.As
Rita Barberá, Mayor of Valencia, Spain
put it during her welcoming words‘I am
pleased to welcome to the Global Russia
Business Meeting many companies and
individuals who have unveiled – despite the
ongoing geopolitical tensions – the basics
of a sustainable cooperation between Russia
and the world and are willing to share this
understanding with those who are just em-
barking on this journey.’
Yuri Korchagin,Ambassador of the Russian Federation to Spain
Virtual ribbon cutting ceremony
Alberto Fabra,President of the Valencia Generalitat,Spain,
addressing the audience
7
8. Antonio Ambrosetti,Senior Partner,The European House –
Ambrosetti,Italy,moderating the finance panel
Yury Voicehovsky,Chief Executive Officer,National Investment
Agency‘Invest in Russia’
As Russian and world leaders flew into
Valencia for this Horasis event, the situation
in the Ukraine was still instable. Despite
this situation, participants of the Global
Russia Business Meeting reasoned that
dialogue shall be used to full-effect to find
solutions.
Russia can look back to a successful hosting
of the XXIIWinter Olympic Games in
Sotchi.The Olympics were a commercial
success as well.With the most expensive
Winter Games ever, Russia’s economy
received further growth stimulus.The
Olympics are expected to boost winter
tourism within Russia. Many of the
Olympic venues will be reused for the
2018 FifaWorld Cup.
From the Opening Reception to the
Closing Dinner, participants inValencia
expressed their commitment to increased
global dialogue, symbolized through the
peoples connecting spirit of the Olympics.
They reached consensus that
Opening Plenary – Russia’s Changing Economic Outlook
Iurii Seniuk,Chief Executive
Officer,Global Strategy Centre,
Ukraine
Jose Carlos Garcia de Quevedo,
Director General,Invest in Spain
8
9. • despite the woes of the Russian-Ukrainian
conflict, Russia’s economy is relatively
robust. However, the economy is not
immune to geopolitical shocks.The on-
going conflict with the European Union
and the U.S. over the Crimea will impact
the Russian economy.
• policy makers will need to take further
steps to reduce the country’s depen-
dence on revenue from oil and gas.The
diversifying of the Russian economy shall
lead to the emergence of knowledge-
based industry clusters.
• Russia needs to strengthen its investment
climate.With theWTO-entry, Russia is
going to welcome more Foreign Direct
Investment as well as trade.
At the Valencia Conference Center Jose Vicente Gonzalez,President,CIERVAL,Spain,
speaking during the welcome dinner
Bo Inge Andersson,President,AvtoVAZ,Russia,
one of the meeting co-chairs
Galina Melnikova,Executive Director,Horizon,Russia
and Umberto Mazzei,Director,Institut des Relations
Economiques Internationales Sismondi,Switzerland
Participants listening to the welcome speeches
Viktor A.Belogub,
Chairman,webinar.ru,Russia,
making a point during a panel
Stacy Kenworthy,Chief Executive
Officer,OptiGlobal,USA
9
10. The Global Russia Business Meeting was
organized around what we believe to be
the major drivers of growth and forces that
will shape the new order: they will impact
both the financial economy and the real
economy in Russia and the world at large.
Participants had a rare opportunity to
explore Russia’s development from a
variety of points of view.An intensive
schedule of plenaries and boardroom
dialogue sessions was devoted to a variety
of relevant themes, including Russia’s
accession to theWTO, the country’s
geopolitical agenda, and strategies for
sustainable economic growth.Also on the
agenda were sessions on selected industry
sectors, including financial services and
natural resources, as well as more concep-
tual themes like the role of entrepreneur-
ship, diversification of the economy, and
strategies to boost Russia’s technology
sector.
At the Opening Dinner, Victor Zoubarev,
Deputy of the Russian State Duma, noted
that‘the economic and political relation-
ship between Russia and Spain has
extensive synergies and large potential.
Russia will continue to be an important
trading partner for the Spanish economy’.
He also emphasized that the Russian
government is thriving to create favorable
conditions for doing business, aimed at
increasing innovation and the effectiveness
Panel‘Spearheading or Aligning Capitalism’
Vachara Phanchet,Chairman,Sittipol Holdings,Thailand,
speaking on the opening plenary
Alfonso Grau,Vice Mayor,City of Valencia,
welcoming participants
Mikhail Treyvish,President,
OmniGrade Rating Monitoring
Agency,Russia
Natalia Kardash,Editor-in-chief,
Vestnik Kipra,Cyprus,moderating
a panel
10
11. of state governance. Alexander
Parkhomenko, Chairman, Euromesh
Holding, welcomed participants on behalf
of Delovaya Rossiya, the Russian entre-
preneur federation:‘I am glad to see a
large number of Russian business leaders
attending this Global Russia Business
Meeting,’ he said.
Alberto Fabra, President of theValencia
Generalitat, Spain, said,‘I see signs of
sustained economic growth asValencia and
Spain will benefit from the continued
drive generated by Russia’s expanding.’
Looking aheadValencia sees a broad field
of potential, both in doing business with
Russia; and Spain sees a regional hub for
Evgeniya Shamis,Founder and Chief Executive Officer,
Sherpa S Pro,Russia
Panel‘Spurring the Economics of Innovation’
Stephen Vasconcellos-Sharpe,Publisher,Country Strategic,UK,
moderating the panel on Regional Divergence
Mark Minevich,President,Going Global Ventures,USA,
making a point on Russian firms investing overseas
Ivan Sempere,Founder,
Padima,Spain
Stefan Benedetti,Portfolio
Manager,Pioneer Investment
Management,United Kingdom
11
Yoanna Gouchtchina,Founder and Chief Executive Officer,
ZeeRabbit Inc,Russia
12. Russia and its partners in globalizing their
operations.‘The Global Russia Business
Meeting is an important step in making
full use of this potential,’ he concluded.
Yuri Korchagin,Ambassador of the
Russian Federation to Spain, added that
‘economic and commercial relations
between Russia and Spain have been
growing steadily.
Horasis – together with our strategic
partner Baker & McKenzie – in announcing
the 2014 Russian Business Leaders of the
Year celebrated two outstanding entrepre-
neurs who have been building and leading
successful Russian firms: Bo Inge
Andersson, President,AvtoVAZ and
Dmitri A. Gromov, Chief Executive
Officer, RTSTelecom.We recognize and
honor those business leaders as they have
excelled in entrepreneurship, innovation
and leadership.These chosen leaders have
decisively impacted the economic develop-
ment and global integration of Russia.
We at Horasis are very pleased with the
results of the 2014 Global Russia Business
Meeting and the feedback from participants
in the event. For five years this international
event has attracted delegates from Russia
and countries all over the world.
On behalf of Horasis, I would like to
personally thank Rita Barberá, Mayor of
Alexander I.Ageev,Director General,Institute for Economic
Strategies,Russia,speaking during the closing dinner
Alfonso Vegara,President,Fundacion Metropoli,
Spain
Christodoulos Angastiniotis,Chairman,
Invest Cyprus
Alexey Matlakov,CEO,Leto,in discussion with Dmitri A.Gromov,
CEO,RTS Telecom
Roxanne Zigon,Fellow,GSD Geneva School of Diplomacy,
Switzerland,moderating the panel on Myths about Russia
Galina Melnikova,Executive
Director,Horizon,Russia
Lou Marinoff,Professor of
Philosophy,The City College
of NewYork,USA,moderating
the panel on innovation
12
13. Valencia who generously agreed to act as
patron of the 2014 Global Russia Business
Meeting. My thanks go also to the co-chairs,
co-organizers, partners from the private
sector, and all participants.This Global
Russia Business Meeting was a unique
experience which would not have been
possible without the dedication and
enthusiasm of all our partners, members
and participants.
It is our hope that the meeting will continue
to serve as an important platform for
stimulating thought and creative solutions.
Horasis looks forward to welcoming you
back to next year’s edition of the Global
Russia Business Meeting.
Also, Horasis takes great pleasure to invite
you to take part in our other upcoming
meetings, namely the Global India Business
Meeting, the Global China Business Meeting
and the Global Arab Business Meeting.
Dr. Frank-Jürgen Richter
Chairman
Horasis:The GlobalVisions Community
Closing Plenary – Building Trust
Dmitri A.Gromov,Chief Executive Officer,RTS Telecom,Russia Participants share a light moment
Tan Sri Dato' MichaelYeoh,
Chief Executive Officer,ASLI,
Malaysia
Edgar Bullecer,Co-Founder and
Chief Executive,Paglas Group,
Philippines
13
14. By Igor Makarov,Partner,Baker & McKenzie,Russia
We distinguish and honor two executives as
Russian Business Leaders of theYear who
have demonstrated leadership and business
acumen in an exceptional manner.This year
the awards go to Bo Inge Andersson,
Chief Executive Officer,AvtoVaz, and
Dmitri Gromov, Chief Executive Officer,
RTSTelecom.
Bo Inge Andersson is the CEO of
AvtoVAZ, the largest automotive manufac-
turer in Russia.AvtoVAZ is a part of the
Renault-Nissan-AvtoVAZ alliance, and set
itself very ambitious international and
domestic goals.The objective of AvtoVAZ
is to become the best automotive manufac-
turer in Russia and be one of the top five
manufacturers in the Renault-Nissan group.
AvtoVAZ continues its investment program
aimed at increasing its production capacity
to over 1 million cars annually.AvtoVAZ
sets out to capture over 40 percent of the
Russian market. Mr.Andersson, formerly
with the GAZ group and now with
AvtoVAZ, is recognised for his remarkable
personal contribution to the development
of Russia’s automotive industry.
Dmitri Gromov has played a visible and
active role in the Russian telecom sector
since 1987. His successful career milestones
include MTU Intel and SONET Mobile
Network (now Skylink). Mr. Gromov
launched several successful projects in
other industries, such as sport media and
marketing, where the sponsorship contract
between Kaspersky Lab and Ferrari is
another distinguished success. RTSTelecom
is a leading and fast growing Russian
telecom provider and system integrator.
The two award winners, selected by a jury
led by Horasis and Baker & McKenzie, have
been recognized for embodying the core
values of successful leaders, i.e. innovation,
entrepreneurial spirit, and their ability to
carve out successful business.They truly
deserve to be honored as Business Leaders
of theYear.
Celebrating the 2014 Russian
Business Leaders of the year
Bo Inge Andersson,President,AvtoVAZ,receiving his award Award winner Dmitri A.Gromov,Chief Executive Officer,
RTS Telecom
Guillermo Guerra,Partner,
Baker & McKenzie,Spain,
moderating a panel
14
15. 15
Connecting Globally – Russian Firms Investing Overseas
Meeting co-chair Sergey Demin,Chairman,
Synergy Technologies,Russia
Renata Akhunova,Partner,FormulaVC Venture Fund,USA
Jochum Haakma,Director,TMF Group,The Netherlands Michael Gurevich,Co-founder,InternationalYoung Enterpreneurs’
Club,USA,on Russia’s youth
Alex Geller,Member of the Board,
American Chamber of Commerce
in Russia,USA
Maja Bacovic,Professor,
University of Montenegro,
Montenegro
16. 16
From Printed
Houses to
Wooden
Skyscrapers
By Frank-Jürgen Richter
The St.PetersburgTimes,March 20,2014
Science parks around the world have been
hailed as a way of enhancing their nations’
GDP.This may well be true in the long term,
but novel science does not translate quickly
into GDP and a general sense of “well-being”
until years of trials have occurred. Science
parks such as Skolkovo are one of the main
drivers behind the Russian strategy through
2020, with technology and innovation
fostering a growth in productivity.Yet with
the route from pure science to innovation
fraught with pitfalls, renovating existing
housing stock may be a more homely way to
elevate the lives of ordinary people.And
this activity, which would be perceived as
the government wishing to help all of its
citizens, might do much more to raise the
spirits of the innovators themselves than
high-tech enclaves that seem far from
ordinary life.
Modernizing the housing stock of European
nations is important on two counts.
Shoddily built after each of the world wars
to poor building standards that do not permit
easy upgrading to modern eco-standards,
scientists have shown that Europe’s legacy
buildings produce directly, or indirectly,
40 percent of global CO2
.
Governments have an intensely costly puzzle
to deal with – and Russia is no exception
in this respect.Working with the European
Bank for Reconstruction and Development,
the Russian Institute for Urban Economics
reported in 2011 on the status of urban
housing renewal, the potential opportuni-
ties and costs. Essentially, Russian building
stock is old and urgently needs to be
Jose Maria Munoz,Senior Partner,
MCH Private Equity,Spain
Bogdan Vacusta,Managing Director,
Elco Management,United Kingdom
Session moderator Hamira Riaz,President,H Riaz Consults,
United Kingdom
Alex Sozonoff,Chairman,Global Beach Group,United Kingdom,
making a point on entrepreneurship in the Russian context
Andreas Foerster,Vice-President,
Airbus,Spain
Session chair Javier Lopez Mora,
Secretary General,CIERVAL,Spain
17. repaired or rebuilt.The authors also noted
that Federal laws mandate high levels of
energy efficiency but realities suggest three
separate renovation routes: Basic, realistic
and energy efficient, with the latter costing
up to 4,000 rubles ($109) per square meter
while offering savings of up to 28 percent
on heating costs. In total, the government
faces a bill of some 2.5 billion rubles
($68.24 million) to eliminate dilapidation
and improve energy efficiency throughout
the housing stock.
One potential solution is to print the
houses. Not printing as in banknotes, but
by extending this technique via the new
technology called additive manufacturing.
3D printing has become established across
many manufacturing sectors through all
high-tech industries and to aerospace with
its exacting requirements for strength and
low weight in ever-larger single structures.
This increase of scale stimulated researchers
at the University of Southern California to
consider spraying thin films of concrete to
build walls. Essentially they are doing little
more than replacing traditional manual
methods with robot-guided sprays.The thin
films dry quickly without hidden, structure-
weakening cavities and the surface finish is
good.As in all 3D printing, the robots can
spray complex shapes, with openings for
doors, windows and pipework.Thermal
insulation can be sprayed at the same time.
All in all, this process is very fast and yields
17
Claude Begle,Chairman,Symbioswiss,Switzerland,
chairing a panel
Vasiliy Mogilniy,Chief Executive Officer,
Krolikov Plus,Ukraine
Andrey Serebryakov,Founding Partner,
Effective Capital Group,Russia
Jan Siemons,Managing Director,Netherlands Council
for Trade Promotion,The Netherlands
Peter Loukianoff,Chairman,Third Rome Black River Ventures,USA
Elena Parvenova,Managing
Director,EPB,Czech Republic
Rene Seifert,Chairman,Venturate,
Germany
18. a superior product more cheaply than using
craftsmen. Russian technicians could easily
develop this system to re-build much of
suburbia and, having gained experience,
could export the methodology.
Looking to the East, one finds that India and
China face different problems to those of
Russia.They too need to renovate old and
inadequate urban housing.A high percentage
of Indian houses do not have access to
sanitation, for example, but they face mass
rural migration to cities as they change
from an agrarian to technological mode.
That was the situation in Europe through
the 1930s to 1950s, which caused an
almost uncontrolled urban building boom.
In India and in China, some 400 million
people now demand new houses in cities
through the next few decades.This poses
the problem of how to design very large
eco-cities. On this point Russia can nurture a
new world-class industrial sector – building
high-tech, high-rise buildings in its cities,
or more precisely, in new dormitory cities.
Russia needs bedroom communities since
existing cities cannot easily be renovated to
meet carbon-neutrality:Their infrastructures
need to be replaced by a system of integra-
ted local services of all types, including
schools, medical centers, corner shops, malls
and green spaces all connected by routes
that link urban mass transit to intercity
systems and work places.The dwellings
ought to offer a larger floor space than
presently available with a mix of single as
well as family homes built to the new
18
StefanWinzenried,Chief Executive Officer,JANZZ,Switzerland Platon Monokrousos,Chief Economist,Eurobank Group,Greece Victoria Fayfman,Partner,
Friedman,USA
Alexis Grabar,CEO,
AviaMediaTech,UK
Jason L.Ma,Founder,CEO & Chief Mentor,ThreeEQ,USA Iurii Susliak,President,Righteous Genesis,
Ukraine
Kate Korolkevich,Partner,Galatea Capital,USA
19. standards of carbon-neutral HVAC
(heating, ventilation and air conditioning)
minimizing energy demands.Then old
housing can be pulled down with historic
buildings retained and other structures
recycled allowing for modern eco-infill.
Developing high-tech wooden buildings is
an appealing idea which could also stimulate
a global market. Russia has abundant forests
which can be harvested and eco-managed.
The timber could be used for “glu-lam”
technology to create strong, tall buildings
with a low embodied energy.The wood,
glued and laminated to form structural
items, usually has greater strength than steel
as well as being fire resistant.While such
new buildings are being offered globally –
up to 9 floors in the UK, and even 33 floors
are being proposed inVancouver, Canada –
Russia has planning restrictions on wooden
buildings of more than four floors. It is time
to move forward.
Tall wooden buildings look good and will be
great to live in.Thus urban Russians living
presently like other city dwellers worldwide
in old buildings could have their “happiness
quotient” boosted.The new cities would be
desirable and generate a sense of “being,”
and they would demand much less energy
than is the present case.
Frank-Jürgen Richter is founder and chairman of Horasis,
a global visions community committed to enacting visions
for a sustainable future.
19
Ninel Seniuk,Lecturer,MGIMO University,RussiaAlexander Vaisblat,Partner,Saya Ventures,Russia Michel Verlaine,Associate Professor of Finance,
ICN Business School,France
Anton Moskalenkov,Head of Office for International cooperation,
Agency for Strategic Initiatives,Russia
Sheila Newton Moses,President,Invest Caribbean Now,USA
Valentin Romanov,Executive
Director,SUN Group,Russia
Yusuke Otsubo,Managing
Partner,UMJ Russia Fund,Japan
20. Avraham Berkowitz,Director,Chabad Headquarters,USA Leonid Koshelev,President,Jet-2000,Russia
20
Alf Erik Lundgrenn,Chairman,
Nordic Invest SIA,Latvia
Maria Paphiti,Managing
Partner,La Parole Devine,Cyprus
Kaspars Kaulins,Director,Lattelecom,Latvia Mark Austin,Venture Partner,Bright Capital,USA Alexander Zhukov,Co-Founder and Executive
Director,Whiteshield Group,United Kingdom
discusson on Spain as new hub for Russian investment
21. 21
Eric Hanson,Vice President,Center for Entrepreneurship,Russia,
moderating the entrepreneurship-panel
John B.Kidd,Research Fellow,Aston Business School,UK and
Edgar Bullecer,Chief Executive,Paglas Group,Philippines
Andrew Constanti,Chairman,
Constanti Real Estate,United
Kingdom
Margarita Pikalo,Co-founder and
Partner,Satellis,Russia
Alexander Drougov,Chief Executive Officer,Damask,RussiaMarcos Pinotti,Associate Professor,Federal
University of Minas Gerais,Brazil
Daniel Einhauser,Guest Lecturer,Saint-Petersburg
University of Finance and Economy,Russia
Iurii Pidnebesnyi,Director,International Fund
of Spiritual Diplomacy,Ukraine
Kirill Slavin,Managing Director UK,Kaspersky Lab,
United Kingdom
22. 22
Roberto Mugavero,Professor,
University Of Rome Tor Vergata,Italy
Irina Veselova,President,Planet Capital,
Russia
Boris Stepanov,Sloan Fellow,
London Business School,Russia
Michael McLaughlin,Director,APP
Technologies,USA
Rouben Indjikian,Adjunct Professor,
Webster University,Switzerland
Lloyd Thomas,Founder,TriangleGrowth,
United Kingdom
Pedro Manarguez,Chief Executive Officer,
Marsol International,Spain
Pavel Andreev,Executive Director,Valdai
Discussion Club,Russia
Connecting Globally – Russian Firms Investing Overseas Joachim Reidiess,Chairman,
Dr.Wirth Group,Germany
23. 23
Patrick Fullick,Founder & Director,
Hylle Royce,United Kingdom
Vitaly Ponomarev,Founder and Chief
Executive Officer,WayRay,Russia
Chayan H.Shah,President,
Premier’s Tea Limited,India
Ekaterina Almasque,Co-founder,
SVAROS Ventures,United Kingdom
Mohan Chainani,Chairman,
ChaincorpWorldwide,Spain
L J Tomas Berenguer,Chairman,
Li Madou Asia Pacific,Hong Kong
Neil Vereschagin,Chief Financial Officer,
Game Insight,Russia
Stiphan Beher,Chief Operating Officer,
Orbital Technologies,Russia
Panel‘Reading and Deciphering Myths about Russia’Egor Iakovlev,Chief Executive Officer,
Tvigle Media,Russia
24. 24
Philippe Gugler,Professor,
University of Fribourg,Switzerland
Peter Armand,Partner,SkyInvest
Securities,Russia
David Mor,Director General,
Ifedes,Spain
Zdzislaw Sokal,Member of the Board (ret),
National Bank of Poland
Vadim Osipov,Chief Executive Officer,
Slotex,Russia
Roger King,Member of the Board,Orient
Overseas International,Hong Kong SAR
Alexey Sysoev,Chief Executive Officer,
AV Group,Ukraine
Benjamin Lambert,Chief Executive
Officer,Coupla,United Kingdom
Panel‘Co-developing Energy Markets’
25. 25
Alan D Silva,Vice President,Chamber of
Commerce & Tourism of India in Spain
Thanos Mitrelias,CEO,Cavendish
NanoTherapeutics,United Kingdom
Egor Iakovlev,Chief Executive Officer,
Tvigle Media,Russia
Joachim Reidiess,Chairman,
Dr.Wirth Group,Germany
Olga Seryakova,Chief Executive Officer,
SumUp Russia,Russia
Mark Zelman,Managing Director,
Chartwell Telecom,United Kingdom
Discussions continue during the closing dinner
Hans Bruning,Executive Director,
Netherlands Institute for Multiparty
Democracy
Peter Faistauer,Director,FundStreet,
Switzerland
John B.Kidd,Research Fellow,
Aston Business School,United Kingdom
26. 26
Coffee break
The City of Valencia showcasting investment opportunities
The award winners Preparing the next panel
registering participants
Discussion on the sidelines of the
Global Russia Business Meeting
Simultaneous interpretation