OREANDA-NEWS. Inflation as a Structural Problem of the Russian Economy. Ivan S. Korolev, associate member of the Russian Academy of Sciences, provides an all-round analysis of the Russian inflation phenomenon, its fundamental background and methods for its suppression. The author looks into how psychology and business expectations affect the unwinding of an inflationary spiral. He believes the state anti-inflationary policy should be a part of the economic strategy aimed at improving living standards and competitiveness of the economy.

Modern Global Economy: Finance and Capital Formation. Of late the global economy has been witnessing a stable exceedance of savings over investments and active investment support activity from the state. Why in this case do investments more often bypass the development of the real sector of economy and are channeled into various bubbles in asset markets? What should be done to raise the level of investments and business activity in Russia? This is what Yefim S. Khesin, chief specialist of the National Research Institute of World Economy and International Relations, professor of the Financial University under the Government of the Russian Federation and the National Research University Higher School of Economics, thinks about.