The 30th September, the Royal Danish Consulate General participated in the seminar “Economy at a crossroad – Yegor Gaidar’s lessons for today’s Russia”. Taking a starting point in Yegors Gaidor’ book Collapse of an Empire: Lessons for Modern Russia, the speakers Pirjo Tulokas, Esko Aho, Boris Grozovsky, Laura Solanko, Vladimir Miklashevsky, and Dmitry Travin among other things pointed out how well Gaidar predicted the economic stagnation of Russia. Topics of the seminar included; the effect of import substitution, state control, oil & gas dependence, capital flight, liberalization, investment environment, and innovation. The speakers among others stressed the importance of becoming less dependent on natural ressources as well as the negative consequences of import substitution.