Tenured professor Leonid Grigoryev gave a presentation at the conference «Transforming Global Governance: Political Economy of Common Ground and Cooperation»

Tenured professor Leonid Grigoryev, academic supervisor of the World Economy master programme, participated in the 6th international conference taken place on 3-4 December at the Faculty of World Economy and International Affairs.

Prof. Grigoriev was a moderator at the session on the International Finance where the current situation in the international financial markets, debt of developed and developing countries and international sanctions were discussed. At the session on the Energy, Climate Change and Sustainable Development problems the professor delivered a speech on the topic “Income and wealth inequality as “disturbing” factor for the elite”. This report was written in the collaboration with Victoria Pavlushina, deputy head of the scientific and research department in Analytical Center for the Government of the RF. The authors developed a new approach to classification of countries’ inequality indicators based on cluster analysis. It consisted of evaluating share of services, industry and agriculture in a state's economy and attributing it to one of seven clusters. The intra-cluster comparison was conducted on such indexes as GDP (PPP) per capita, imputed GDP (PPP) etc. In conclusion, impact of the 2008-th crisis on social and political spheres was evaluated as psychologically depressing for households, business and governments and proved to have politically implicated manipulations.

The conference on the subject of global governance was organized for the 6th time by the Faculty of World Economy and International Affairs. As always, leading experts in world economy and international affairs were invited, and for this time challenges for the modern global governance system and global problems, including technological progress, were the key areas of discussion.