Entrepreneurs, specialists in different fields of knowledge and professions change the world, they have one common feature — the ability to combine production factors into a single process and organize the production of goods and services demanded by the market.

    • Doctor of Economics, professor;
    • Chairman of the Commission of Economic Development, Entrepreneurship and Innovation of the Public Chamber of the Rostov region;
    • Winner of the silver prize in the international competition "2007 FT Sustainable Banking Awards" in the nomination "Sustainable Bankers of the Year";
    • Chairman of Board of Directors of the Bank "Centr-invest";
    • Winner in the category "Financial Services" of the competition "Entrepreneur of the Year — 2003", organized for the first time in Russia by "Ernst&Young" (Ernst&Young).

    Entrepreneurs, specialists in different fields of knowledge and professions change the world, they have one common feature — the ability to combine production factors into a single process and organize the production of goods and services demanded by the market.

    • Doctor of Economics, professor;
    • Chairman of the Commission of Economic Development, Entrepreneurship and Innovation of the Public Chamber of the Rostov region;
    • Winner of the silver prize in the international competition "2007 FT Sustainable Banking Awards" in the nomination "Sustainable Bankers of the Year";
    • Chairman of Board of Directors of the Bank "Centr-invest";
    • Winner in the category "Financial Services" of the competition "Entrepreneur of the Year — 2003", organized for the first time in Russia by "Ernst&Young" (Ernst&Young).

    Articles Publications

    BRICS cooperation for sustainability

    The south of Russia plays to economy of the Russian Federation the same role, as the countries BRICS in global economy: low cash incomes of the population, but positive dynamics of all economic indicators increases a region share in economy of Russia. Foreign investors are usually begin acquaintance to the country in it capital. But after visiting of the southern Russia they have always spoke: «If Moscow is the center, the South is a pearl of Russia». The southern Russia is bordered with the rivers Don and Volga, Black and Caspian sea. Here comes the border between Europe and Asia. During ancient times here passed the well-known silk way.

    How can we survive the crisis?

    Of late, people keep asking, "How can we survive the crisis?" Scenario No.1 proposes total relaxation until better times arrive. Scenario No.2 requires a concerted effort to control liquidity, monitor markets, reconsider plans and projects, and establish new business in new markets which will allow them over time to join those who opted for the first scenario and to relax. In either case, the main thing is to stay calm.

    The word 'crisis' has negative connotations, although it simply means 'a sharp, abrupt reversal in something'. If development occurred independently of the surrounding environment, then we would be able to see economic reproduction in a ‘pure’ form, i.e. growth proportional to the level of development achieved. In reality, as different resources develop at different rates, 'pure' reproduction is limited.

    Southern Russia: New Area of Growth for the Russian Economy Southern Russia: New Area of Growth for the Russian Economy

    Russia is one of the four rapidly growing BRIC economies. Some parts of the country are developing particularly quickly, including the Southern Federal District, which covers the area of 591 thousand km2 and has the population of 23 million people.

    Recently, Southern Russia has enjoyed a surge of popularity thanks to the Sochi city had been selected as the host city for the 2014 Winter Olympic Games. At a more fundamental level, dynamic growth rates and other economic indicators reveal very positive trends and highlight the significance of the southern district’s role in the economy of Russia as a whole.

    Southern Russia is the only region to have seen its population growing in recent years, resulting from both the higher birth/lower death rates and the migration. People are attracted to southern Russia because of its fantastic climate conditions, its ecologically clean environment and its expanding economy. This is the region where parents feel confident about their children's futures.

    Books and manuals

    Start up, Don! Start up!

    This book presents the author’s latest research-based thinking about enterprise training and his proven business methods for preparing the next generation of entrepreneurs. It provides an overview of the key economic and social development challenges facing the Rostov region, equips the reader with a basic understanding of the workings of small business, and includes information about new loan programmes for entrepreneurs.

    Die Entwicklung Suedrusslands nach der Krise

    Association of European Businesses has published the annual review of investment processes "INVESTIEREN IN RUSLAND 2011" for german region. For the first time regional aspects of investing are presented in special section devoted to the Southern Russia Vasily Vysokov, President and Chairman of the Board of Directors of Center-invest Bank presented the article "The post-crisis development of Southern Russia" Vysokov's article gives short, but very capacious analysis under the maintenance of investment potential of the South of Russia (Southern and North Caucasian federal districts).

    Video interview

    Интервью профессора В. В. Высокова каналу CNBC (Великобритания)