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Executive Editor of Econs.online
Waiting to be put on a waiting list for a visa appointment, getting 18 doctors’ opinions for free surgery, or filling a 40-page form to receive a social benefit are frictions that behavioural economics calls sludge. They are emotionally draining and also hamper economic growth.
In Russia, unlike the USA and the EU, there is no specific regulation governing stablecoins. Participants in the Bank of Russia’s Financial Congress discussed whether this provides advantages or disadvantages for the market and whether it is time to change the rules and why.
Participants in the Bank of Russia’s Financial Congress discussed whether the risks to financial stability had increased over the past year and to what extent banks were prepared to meet new challenges.
The slowdown in the Russian economy has provoked concerns about an immediate threat of a succession of defaults and a coming banking crisis. Participants in the Financial Congress discussed whether these gloomy expectations were justified.
To double the Russian stock market's capitalization, it’s necessary to increase the volume of public offerings multi-fold. Participants at the Financial Congress discussed whether this is realistic and what should be done to attract that many issuers and investors to the market.