Steven Hellman
Showing 1–2 of 2 transcripts.
- Milken Institute1h 3m
Russia: A Riddle Wrapped in a Mystery Inside an Enigma?
Alexander Kovaler, Erik Berglöf, Mark Garber, Steven Hellman, Maxim Oreshkin, Ernest Rudyak, Alex Kohl
Moderated by Alex Kohl, a panel of international financial experts and former Russian officials assessed how the nation adapted to two years of sectoral sanctions and falling oil prices. The discussion highlighted that while Russia successfully stabilized its banking sector and achieved a current account surplus through currency devaluation and import substitution, its long-term growth remains constrained by state dominance, demographic stagnation, and an uncertain political environment. Ultimately, the group concluded that unless the government implements structural reforms to address institutional gaps, the economy will likely experience only limited expansion while shifting its financial focus toward Asian partners.
- Milken Institute1h 0m
Gaining a Foothold in Russia
Sean Glodek, Steven Hellman, Paul Heth, Mark Stiles, Alexander Kovaler, Alex Covalar
Moderated by Alex Covalar, a panel of four expatriate experts with over a century of combined Russian experience analyzes the nation's transformation from a resource-dependent economy into a consumer-services powerhouse. The discussion highlights specific success stories in cinema and real estate while detailing the Russian Direct Investment Fund's strategy to co-invest with sovereign wealth entities and mitigate geopolitical risks through transparency. Participants project Russia to become Europe's largest economy by 2020, driven by a growing middle class, structural reforms, and strategic shifts toward technology, healthcare, and light manufacturing.