Elena Bulatova

Ms. Bulatova will research the management of the formation and expenditure of a stabilization fund in Russia. A large part of the Russian economy is defined by raw exports including oil, gas and metals. Because the value of these goods is very fluid in the world economy, Russia has created a stabilization fund which takes advantage of times of high market value, investing profits into a fund for times of lower profit. Ms. Bulatova will analyze international experiences of the creation and function of similar stabilization funds, as well as the challenges of such funds from a theoretical macroeconomic approach.