Wakana Asano: Solutions for global problems proposed by Y20 participants

The challenges faced by Russia become more complex every year, requiring changes in the conceptual approach to developing economic potential.

This information report was prepared by IRIAS and the Institute for Economic Strategies of the Russian Academy of Sciences (RAS) following the international strategic foresight session The Economy of Trust as the Key Driver of Integration in Greater Eurasia, held as part of SPIEF 2018. The foresight session was focused on forming an economy of trust as the key driver of integration in Greater Eurasia.

This report by the Center for Strategic Research (CSR) assesses the impact of the current geopolitical situation and the structural transformation of Russia’s economy on the country’s labour market.

The Organisation for Economic Cooperation and Development has prepared analytical research on business support mechanisms to avoid insolvency during the COVID-19 crisis. The slowdown of economic activity caused by the COVID-19 outbreak and related emergency measures implemented to tackle the health crisis have led to severe difficulties for companies to meet their financial obligations. Many of the fixed costs, such as rents and interest payments, remain due while the cash flow destined to meet these obligations has vanished. As a result, many otherwise sound companies are facing acute liquidity constraints that eventually might become solvency problems.