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Recent Russia research

* Russia: Fiscal rule to boost asset prices in 2018, Christopher Granville, Madina Khrustaleva, 14 Dec 2017
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* Russia: Nabiullina takes the controls, 11 Oct 2017
* Russia: US sanctions – a contrarian case, Christopher Granville, 28 Jul 2017

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Pension policy battle is joined


Government officials are up against a fast-approaching April deadline for agreeing a new approach to pensions in the face of the effective failure of the system launched in 2002.

All plausible outcomes will involve more of the oil-related tax windfall being tapped to offset the ever-deepening insolvency of the pay-as-you-go part of the state pension system. Still more interesting is the fate of the individual savings pillar. Signs are that it will be salvaged by expanding the...

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