Gurdgiev's analysis of the Russian banking sector is of particular interest. It is sound and under the control of the central bank, which is imposing reforms that give the appearance of weakness in the sector. The opposite is true. Consolidation is taking place firmly under the state rather than oligarchs.
true economics
Pimco on Russian Economy: My TakeConstantin Gurdgiev | chairman of the Ireland-Russia Business Association, contributor and former editor of Business & Finance Magazine, and lecturer in Finance with Trinity College, Dublin
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