KPI Company participated in Gaidar Forum “Russia and the World: Sustainable Development”


The management of KPI Holding represented by CEO Roman Karaulov and Member of Board of Directors Sergey Kachaev participated in one of the largest annual scientific events of the international scale in Russia in the field of economy – Gaidar Forum – 2014 “Russia and the World: Sustainable Development”. The event was held for the fifth time and was held in memory of the economist and politician Egor Gaidar.

This year the main topics for discussion were post-crisis structure of the world, macroeconomic risks and possibility of a recession, significance of infrastructure in ensuring sustainable development, prospects of energy markets and contradictions of recourse-based economies, social and political development of the society and an effective health care system model.

Prime Minister of RF Dmitry Medvedev spoke on the plenary discussion “Contours of the post-crisis world” with a report dedicated to prospects, global challenges, problems and their solutions. Dmitry Medvedev defined actual peculiarities of the country’s economic agenda and spoke on a number of key tasks contributing to Russia’s trend to grow. Head of the Government of RF emphasized the importance of modernization of most national institutes and procedures. “Today the key task is improving quality of labour, goods, products and projects suggested for investment and quality of managerial decisions directed at formation of the quality of life, as a whole”, said Dmitry Medvedev.

While opening the event Vladimir Mau, Rector of Russian Presidential Academy of National Economy and Public Administration, underlined that the crisis Russia faces at present differs from other crises with a number of global trends, new configurations of reserve currencies, a new economic doctrine, regulation mechanisms, and industrial paradigm.

According to the Minister of Economic Development of the Russian Federation Aleksey Ulyukaev, an essential factor during strategy planning for Russia is exhaustiveness of fiscal and monetary stimuli of economic growth. “Quality of stimuli and institutes of growth acquires higher importance”, underlined the Minister of Economic Development of the Russian Federation.

According to First Deputy Prime Minister Igor Shuvalov, Russia has to diversify its export and decrease dependence on trade with the European Union without reducing volumes of this trade in absolute terms. He also stated that the economy of RF should not be connected with the use of the available mineral resources and raw materials to the degree observed now. “Mining sectors should develop, however incomes they give should either be kept for further generations or used in accordance with a strictly regulated procedure, while the federal budget should be based, primarily, on incomes from non-resource sectors”, stated First Deputy Prime Minister.

At the forum participants also discussed prospects of world reserve currencies, investment climate in Russian regions, Russia’s competitiveness in international trade, social development as a source of economic growth and other components.

Based on the materials of the official Gaidar Forum site