What to Expect after May 2018?
A new presidential term is the start of a new stage in Russia’s development. What vector will be chosen? Focusing on stability and preserving the status quo will maintain slow growth, make the economic structure more archaic and lead to the gradual decay of the country. But is there any capacity for an energetic push for structural reforms? After all, the stereotype about their unpopularity is strong. Endlessly postponing the reforms can come at a high cost. The time to implement them is running out and it is important not to fall behind forever. Do the authorities have enough political capital to finally start the structural transformation? Is there a consensus on the most urgent changes and the best sequence of steps?
Herman Gref , Chief Executive Officer, Chairman of the Executive Board, Sberbank