Use of a Method of Road Maps for Formation of Perspective Vision of Development of Mega-Regulation of Financial Sector in Russia
In: Moscow University Economics Bulletin, Volume 2015, Issue 4, p. 75-98
The paper introduces both methodology and practical implementation of roadmapping in the sphere of financial mega-regulation in Russia. We expertise performance of the Bank of Russia who is set to take on the role of a megaregulator of the whole of the country's financial system since September 2013. We discuss expert assessments of the key challenges facing Russian financial system, and of the feasibility of the first mega-regulative measures by the Bank of Russia. By matching both groups of expert results we develop a series of road maps along the most significant fields of mega-regulation, and derive analytical conclusions about mega-regulator's efficiency in meeting contemporary and future challenges.