Spotlight: Crisis of emerging markets?

Today we will talk about economy. Our guest made the headlines in the late 1980s when he accurately predicted the collapse of the Soviet Union. Later, it was him who coined the term “emerging market” which is now widely in use. How are the emerging markets, and particularly Russia, affected by the global crisis? To answer these questions, our guest today is economist and President of the International Academy of Emerging Markets, Vladimir Kvint.