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Getting Russian, Eurasian and Central European Markets Right

Recorded on April 17, 2007

Location: The Heritage Foundation's Lehrman Auditorium

Russian, Eurasian and Eastern European economies and capital markets are enjoying unprecedented growth since the introduction of economic and political reforms in 1989-1992.  The increase of energy and commodity prices has particularly benefited Russian and Central Asian economies since 2000, with sustained annual growth rates of 6 to 10 percent.  This growth has spread to non-commodity sectors as well.  With that, problems of insufficient transparency, faulty regulatory regimes, and the flawed rule of law continued to plague these emerging markets.

Few observers are more qualified to interpret the exciting economic outlook of Eastern Europe and Eurasia than Ben Aris. He serves as the Editor-in-Chief of Business New Europe (www.businessneweurope.eu), a new website and weekly magazine dealing with the emerging markets in the region. The third longest serving foreign correspondent in Russia, Aris lived and worked in Moscow from 1993 to 2003, where he was Bureau Chief for the Daily Telegraph as well as a Contributing Editor at The Banker, Euromoney and The Business. A regular contributor to The EIU and Business Central Europe, he is often featured in the best-known international business titles. In 2003, Aris moved to Berlin as Acting Bureau Chief for The Guardian and covered all of Central and Eastern Europe, before assuming his current position with Business New Europe.