Elwira Sachipsadovna Nabiullina

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Elwira Nabiullina (2017)

Elwira Sachipsadowna Nabiullina ( Russian Эльвира Сахипзадовна Набиуллина , Tatar Эльвира Сәхипзадә кызы Нәбиуллина; born October 29, 1963 in Ufa ) is a Russian politician of ethnic origin. From September 24, 2007 to May 12, 2012, she was the Russian Minister for Economic Development. She has headed the Central Bank of Russia since June 2013 .

biography

Elwira Nabiullina comes from a Tatar family who lived in simpler circumstances. Her father Sachipsada Saitsadajewitsch Nabiullin was a professional driver, her mother a worker. She graduated from School No. 31 in Ufa with honors.

Then Nabiullina studied economics at Moscow's Lomonosov University until 1986 and then began a doctoral degree , which she completed in 1990. From 1991 she worked for the Scientific-Industrial Union of the USSR , the forerunner of the Russian Business Association RSPP , until 1992 as scientific director of the department for economic reforms and until 1994 in the same position of the department for economic policy. In 1994 she moved to the Ministry of Economic Affairs, where she was first vice, then head of the reform department. According to information from the daily Kommersant , her appeal was based on the liberal economist and then Minister of Economics, Yevgeny Yassin , with whom she had already worked in the Russian business association. Yassin described her as a "highly qualified, educated person" who could also be persistent.

From 1997 to 1998 she was Deputy Minister of Economic Affairs and, among other things, a member of the Commission for Economic Reforms. After Yevgeny Primakov was appointed Prime Minister , she moved from the Ministry of Economic Affairs to the management of Promtorgbank . At the end of 1999 she became Vice-President of the Center for Strategic Developments ( Russian Центр стратегических разработок ), which the future Minister of Economy Herman Gref took over in December 1999 . In 2000, after Putin was elected President of the Russian Federation , Gref became Minister for Economic Development, and with him Nabiullina returned to the Ministry, where she became his deputy. In 2003 she left the Ministry of Economic Affairs and became president of the Center for Strategic Developments. From September 2005, she worked in the apparatus of President Putin, in which she chaired a panel of experts that dealt with the implementation of the so-called national projects and demographic policy.

In September 2007, after Viktor Subkov's appointment as the new Prime Minister, she took over the management of the Ministry of Economic Development and Trade, replacing her former superior Herman Gref in this position. Since May 2012 she was one of five personal advisers to the President.

In March 2013, President Putin nominated Nabiullina for the chairmanship of the Central Bank of Russia ; in June 2013 she took over this office. Nabiullina is considered by observers to be economically liberal .

In December 2014, Nabiullina came under fire for dealing with the fall of the ruble. Its exchange rate or external value had fallen by more than half from the beginning of 2014 by then. Putin's behavior during the Ukraine war irritated investors, many Western politicians and apparently also numerous Russians who sold their rubles and converted them into other currencies or fled into real assets. It is not known to what extent the sanctions imposed by the European Union and the USA in 2014 contributed to the decline of the ruble or the flight of capital. The sharp drop in the price of oil resulted in the loss of a significant part of government revenue. Despite a $ 30 billion support for the ruble from foreign currency reserves, the peg of the ruble to the euro and dollar was not lifted at the end of November 2014 . At the same time, the key interest rate was increased, initially to 10.5 percent, then to 17 percent in mid-December 2014.

Private

Nabiullina is married to the economist Yaroslav Kuzminov . The marriage resulted in son Wassili (* 1988), who studied sociology and economics, including at the University of Manchester , and has been a research assistant at the Highest School of Economics in Moscow since 2010 .

See also

Web links

Commons : Elvira Sakhipzadovna Nabiullina  - collection of pictures, videos and audio files

Footnotes

  1. Президентская «дамка». In: FLB.ru , October 2, 2007 (Russian).
  2. ^ Nezavisimaya Gazeta , February 9, 2007 (Russian).
  3. Kommersant , June 9, 2003 (Russian, see web links).
  4. Interview in: Wsgljad , September 25, 2007.
  5. Elwira Nabiullina becomes head of Russia's central bank. In: Voice of Russia , March 13, 2013.
  6. How independent is Putin's new central bank chief? In: Die Welt , June 24, 2013.
  7. Russia's ruble crisis: No reason for glee. In: Spiegel Online , December 17, 2014.
  8. Russia puts losses from sanctions, cheaper oil at up to $ 140ba year. In: Jordan Times , November 24, 2014.
  9. ^ K. Rapoza: Will Ruble Crisis Lead To Currency Controls In Russia? In: Forbes , December 16, 2014 (English).
  10. Marcus Gatzke, Marlies Uken: As in the times of Brezhnev. In: Die Zeit , December 16, 2014; Lidia Kelly, Elena Fabrichnaya, Alexander Winning: Russia's 'difficult' rate hike approved by Putin. In: Reuters , December 16, 2014 (English).