In this, the fifth issue of our newsletter, HSE experts comment on the government’s 'Action plan for the business and citizens income recovery and economic growth', elaborate on the May outcomes of the OPEC+ deal and analyze how psychologically challenging it will be for Russian employees to go back to their offices.
Research & Expertise
As it entered its third decade of existence this year, HSE University’s annual April Conference experienced a first: it was held in an online distributed format. HSE News Service spoke with organizers and participants about the event.
Approximately six months before the introduction of restrictive measures, the Laboratory of Cultural Economics at the St. Petersburg campus of HSE began a study of how Russian and foreign museums conduct their online educational activities. The researchers released their initial findings in late January 2020, having managed to “take the temperature” of this market before the pandemic hit. Professor Valery Gordin and Research Associate Irina Sizova explain what it was like before the coronavirus crisis and how it will look afterwards.
Many countries discovered that their social support systems were unprepared to respond quickly to the coronavirus crisis and that emergency measures were needed to protect incomes and jobs. This was the message that experts of the HSE Institute for Social Policy, Financial Research Institute (FRI) and World Bank delivered at a joint seminar.
Many people are able to recognize the personality traits of the person they are talking to by their facial features. Experts in non-verbal communication can do this even with a photograph. But is it possible to teach artificial intelligence to do the same?
Due to the COVID-19 pandemic, people around the world have faced an unprecedented crisis. The cataclysm has impacted Russia as well. Who will better deal the hardships—experienced baby boomers, Gen Xers who survived the 1990s, or Gen Yers who have had an easy life?
HSE experts have analyzed the position of Russian non-commodity sectors in global production and opportunities for their revitalization. The researchers believe that long-term sustainable growth of its non-commodity exports can be achieved by repositioning and including them in the global value chain at some more advanced stages than the supply of raw materials and semi-finished products.
In lockdowns, why do some people stay home, while others violate the quarantine rules and go out for picnics in the park? Behavioural economics may provide the answer to this question. Oksana Zinchenko, a Research Fellow of the Institute of Cognitive Neuroscience, explains how we can predict people’s behaviour with game theory.
Due to timely price and time adjustments on the Russian labour market, the need for worker layoffs was much less than it could have been under other conditions. This is the finding of a study conducted by the Centre for Labour Market Studies and the Office for Expert Analysis at HSE University. At the same time, the study also shows that more than half of Russians surveyed reported that their earnings have decreased significantly.
Sweden is the only country of the European Union that has not taken strict measures against the coronavirus pandemic. The country’s COVID-19 death rate is growing, unemployment is close to record high levels and GDP could fall by 10%. But does this prove that Sweden’s strategy is ineffective? The HSE School of World Economy invited experts to assess its implications for Swedish society.