Alexey Kudrin
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Alexey Kudrin
Alexei Leonidovich Kudrin ( rus, Алексе́й Леони́дович Ку́дрин, p=ɐlʲɪkˈsʲej lʲɪɐˈnʲidəvʲɪtɕ ˈkudrʲɪn; born 12 October 1960) is a Russian liberal politician and economist. Previously he served as the Chairman of the Accounts Chamber from 2018 to 2022 and as Minister of Finance from 2000 to 2011. Since December 9, 2022 Corporate Development Advisor at Yandex. After graduating with degrees in finance and economics, Kudrin worked in the administration of Saint Petersburg's liberal Mayor Anatoly Sobchak. In 1996, he started working in the Presidential Administration of Boris Yeltsin. He was appointed as Finance Minister on 28 May 2000 and held the post for 11 years, making him the longest-serving Finance Minister in post-Soviet Russia. In addition, he was Deputy Prime Minister from 2000 to 2004 and again beginning in 2007. As Finance Minister, Kudrin was widely credited with prudent fiscal management, commitment to tax and budget reform and ...
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Accounts Chamber Of Russia
Accounts Chamber of the Russian Federation (russian: Счётная палата Российской Федерации) is the parliamentary body of financial control in the Russian Federation. History The prototype of the Accounts Chamber of the Russian Federation was the Chamber-collegium established by Peter I in 1718 for the management of state taxes and some sectors of the state economy. Prior to that time, the treasury of Russian tsars was a mess. The founder of the Court of Auditors Petr Lukich Aksenov. In 1719, he introduced to the Russian government the written balance of income and expenditure of money in the state treasury, and gave the Emperor a weekly report of capital flows. Moreover, Petr Aksenov defined the form of accounting for the Chambers-collegium and teach it local clerk and officials from all Russia. In 1725, the Senate determined Peter Aksenov kamerirom, and in 1731 Secretary. From 1811 to 1918 in Russian Empore exists office of State Comptroller. Then ...
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Russian Academy Of Sciences
The Russian Academy of Sciences (RAS; russian: Росси́йская акаде́мия нау́к (РАН) ''Rossíyskaya akadémiya naúk'') consists of the national academy of Russia; a network of scientific research institutes from across the Russian Federation; and additional scientific and social units such as libraries, publishing units, and hospitals. Peter the Great established the Academy (then the St. Petersburg Academy of Sciences) in 1724 with guidance from Gottfried Leibniz. From its establishment, the Academy benefitted from a slate of foreign scholars as professors; the Academy then gained its first clear set of goals from the 1747 Charter. The Academy functioned as a university and research center throughout the mid-18th century until the university was dissolved, leaving research as the main pillar of the institution. The rest of the 18th century continuing on through the 19th century consisted of many published academic works from Academy scholars and a few Ac ...
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Dmitry Medvedev
Dmitry Anatolyevich Medvedev ( rus, links=no, Дмитрий Анатольевич Медведев, p=ˈdmʲitrʲɪj ɐnɐˈtolʲjɪvʲɪtɕ mʲɪdˈvʲedʲɪf; born 14 September 1965) is a Russian politician who has been serving as the deputy chairman of the Security Council of Russia since 2020. Medvedev also served as the president of Russia between 2008 and 2012 and prime minister of Russia between 2012 and 2020. Medvedev was elected president in the 2008 election. He was regarded as more liberal than his predecessor, Vladimir Putin, who was also appointed prime minister during Medvedev's presidency. Medvedev's top agenda as president was a wide-ranging modernisation programme, aiming at modernising Russia's economy and society, and lessening the country's reliance on oil and gas. During Medvedev's tenure, the New START nuclear arms reduction treaty was signed by Russia and the United States, Russia emerged victorious in the Russo-Georgian War, and recovered from th ...
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Euromoney
''Euromoney'' is an English-language monthly magazine focused on business and finance. First published in 1969, it is the flagship production of Euromoney Institutional Investor plc. History and profile ''Euromoney'' was first published in 1969 by Sir Patrick Sergeant. It is part of Euromoney Institutional Investor, an international business-to-business media group focused primarily on the international finance industry. The group became a public company in 1986, and is listed on the London Stock Exchange as Euromoney Institutional Investor PLC. The headquarters of the magazine is in London. Sir Patrick Sergeant continued to manage the business until 1985 and remains as co-president of the company. Daily Mail and General Trust plc is the largest shareholder in the company. DMGT's principal shareholder, Jonathan Harmsworth, 4th Viscount Rothermere, is co-president of Euromoney Institutional Investor. ''Euromoney'' covers global banking, macroeconomics and capital markets, inc ...
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Late-2000s Recession
The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. One result was a serious disruption of normal international relations. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system, along with a series of triggering events that began with the bursting of the United States housing bubble in 2005–2012. When housing prices fell and homeowners began to abandon their mortgages, the value of mortgage-backed securities held by investment banks declined in 2007–2008, causing several to collapse or be bailed out in September 2008. This 2007–2008 phase was called the subprime mortgage crisis. Th ...
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Stabilization Fund Of The Russian Federation
The Stabilization fund of the Russian Federation (russian: Стабилизационный фонд Российской Федерации, Stabilizatsionny fond Rossiyskoy Federatsi) was a sovereign wealth fund established based on a resolution of the Government of Russia on 1 January 2004, as a part of the federal budget to balance the federal budget at the time of when oil price falls below a cut-off price, currently set at US$27 per barrel. In February 2008 the Stabilization Fund was split into a Reserve Fund, which is invested abroad in low- yield securities and used when oil and gas incomes fall, and the National Welfare Fund, which invests in riskier, higher-return vehicles, as well as federal budget expenditures. The Reserve Fund was given $125 billion and the National Welfare Fund was given $32 billion. By the end of 2016 the two funds consisted respectively of $38.2 and 72.2 billion. The Fund was created to create a reserve of liquidity with the additional benefi ...
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CIA World Factbook
''The World Factbook'', also known as the ''CIA World Factbook'', is a reference resource produced by the Central Intelligence Agency (CIA) with almanac-style information about the countries of the world. The official print version is available from the Government Publishing Office. The ''Factbook'' is available in the form of a website that is partially updated every week. It is also available for download for use off-line. It provides a two- to three-page summary of the demographics, geography, communications, government, economy, and military of each of 267 international entities including U.S.-recognized countries, dependencies, and other areas in the world. ''The World Factbook'' is prepared by the CIA for the use of U.S. government officials, and its style, format, coverage, and content are primarily designed to meet their requirements. However, it is frequently used as a resource for academic research papers and news articles. As a work of the U.S. government, it is i ...
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Foreign Debt By Country
This is a list of countries by external debt, it is the total public and private debt owed to nonresidents repayable in internationally accepted currencies, goods or services, where the public debt is the money or credit owed by any level of government, from central to local, and the private debt the money or credit owed by private households or private corporations based on the country under consideration. For informational purposes, several non-sovereign entities are also included in this list. Note that while a country may have a relatively large external debt (either in absolute or per capita terms) it could actually be a "net international creditor" if its external debt is less than the total of external debt of other countries held by it. List See also * Balance of trade * Domestic liability dollarization * List of countries by corporate debt * List of countries by household debt * List of countries by public debt * List of sovereign states by financial assets * Na ...
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Free Market
In economics, a free market is an economic system in which the prices of goods and services are determined by supply and demand expressed by sellers and buyers. Such markets, as modeled, operate without the intervention of government or any other external authority. Proponents of the free market as a normative ideal contrast it with a regulated market, in which a government intervenes in supply and demand by means of various methods such as taxes or regulations. In an idealized free market economy, prices for goods and services are set solely by the bids and offers of the participants. Scholars contrast the concept of a free market with the concept of a coordinated market in fields of study such as political economy, new institutional economics, economic sociology and political science. All of these fields emphasize the importance in currently existing market systems of rule-making institutions external to the simple forces of supply and demand which create space for those ...
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Deputy Prime Minister
A deputy prime minister or vice prime minister is, in some countries, a government minister who can take the position of acting prime minister when the prime minister is temporarily absent. The position is often likened to that of a vice president, as both positions are "number two" offices, but there are some differences. The states of Australia and provinces of Canada each have the analogous office of deputy premier. In the devolved administrations of the United Kingdom, an analogous position is that of the deputy First Minister, albeit the position in Northern Ireland has equivalent powers to the First Minister differing only in the titles of the offices. In Canada, the position of deputy prime minister should not be confused with the Canadian deputy minister of the prime minister of Canada, a nonpolitical civil servant position. In Austria and Germany, the officeholder is known as vice-chancellor. A deputy prime minister traditionally serves as acting prime minister when the ...
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Boris Yeltsin
Boris Nikolayevich Yeltsin ( rus, Борис Николаевич Ельцин, p=bɐˈrʲis nʲɪkɐˈla(j)ɪvʲɪtɕ ˈjelʲtsɨn, a=Ru-Boris Nikolayevich Yeltsin.ogg; 1 February 1931 – 23 April 2007) was a Soviet and Russian politician who served as the first president of the Russian Federation from 1991 to 1999. He was a member of the Communist Party of the Soviet Union from 1961 to 1990. He later stood as a Political Independent, political independent, during which time he was viewed as being ideologically aligned with liberalism and Russian nationalism. Yeltsin was born in Butka, Russia, Butka, Ural Oblast. He grew up in Kazan and Berezniki. After studying at the Ural State Technical University, he worked in construction. After joining the Communist Party, he rose through its ranks, and in 1976 he became First Secretary of the party's Sverdlovsk Oblast committee. Yeltsin was initially a supporter of the ''perestroika'' reforms of Soviet leader Mikhail Gorbachev. He lat ...
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Anatoly Sobchak
Anatoly Aleksandrovich Sobchak ( rus, Анатолий Александрович Собчак, p=ɐnɐˈtolʲɪj ɐlʲɪˈksandrəvʲɪtɕ sɐpˈtɕak; 10 August 1937 – 19 February 2000) was a Soviet and Russian politician, a co-author of the Constitution of the Russian Federation, the first democratically elected mayor of Saint Petersburg, and a mentor and teacher of future presidents Vladimir Putin and Dmitry Medvedev. Biography Soviet legal scholar Anatoly Sobchak was born in Chita, Russian SFSR, Soviet Union, on 10 August 1937. His father, Aleksander Antonovich, was a railroad engineer of Polish and Czech origin, and his mother, Nadezhda Andreyevna Litvinova, was an accountant of Russian and Ukrainian origin. Anatoly was one of four brothers. In 1939, the family moved to Uzbekistan, where Anatoly lived until 1953 before entering Stavropol Law College. In 1954, he transferred to Leningrad State University. In 1958, he married Nonna Gandzyuk, a student of Hertzen Teacher' ...
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