flag Russian Federation

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The new Russian budget system: critical assessment and future reform agenda

17-Aug-2009

One of the major challenges faced by transitional economies has been to adjust institutions that were designed to function in a planning environment to function in an increasingly market-oriented environment. ...

Economic Survey of Russia 2009: Improving regulation in Russia's goods and services markets

15-Jul-2009

Despite improvements in some areas, many aspects of Russia’s regulatory framework are still restrictive and economic performance could be enhanced by bringing regulation into line with best practices.

Economic Survey of Russia 2009: Making the banking sector more efficient and resilient

15-Jul-2009

Despite improvements, the banking system remains underdeveloped and crisis-prone. The current crisis, albeit painful, may yield restructuring and new regulatory approaches that will be positive in the long run.

Economic Survey of Russia 2009: Making exchange rate policy more flexible and monetary policy more effective

15-Jul-2009

Russia should aim for a gradual switch from a quasi-fixed exchange rate policy to inflation targeting. Not all conditions for adopting inflation targeting are yet in place, but preparations should be accelerated.

Economic Survey of Russia 2009: Ensuring growth-friendly fiscal policy in both the short and the long term

15-Jul-2009

The immediate challenge is to gauge the optimal amount and form of stimulus and support for banks, while safeguarding fiscal sustainability. Looking further ahead, tax reform can help raise potential growth rates.

Economic Survey of Russia 2009: Stabilisation and renewed growth: Key challenges

15-Jul-2009

After a decade of rapid growth, Russia has fallen into recession. The near term challenge is to limit the extent of the downturn, while beyond the crisis, a sounder growth model should be put in place.

Economic Survey of Russia 2009

15-Jul-2009

The global crisis put an end to a decade of rapid growth. Russia needs to minimise the downturn and establish a sounder long-term growth model. Growth-friendly product market regulation and a more efficient ...

Fall in shipbuilding set to continue for some time, says OECD Council Working Party on Shipbuilding

15-Jul-2009

The economic downturn has hit shipbuilding hard.  New orders have contracted by up to 90% and cancellations have increased, which is likely to result in significant excess shipbuilding capacity.  This outlook is unlikely to improve for some time.

Ensuring Environmental Compliance: Trends and Good Practices

19-May-2009

Despite progress in recent years, there is growing evidence that OECD countries are not on track to reach some of their key environmental goals. This report examines the strategies and instruments that governments use to ensure compliance with pollution prevention and control regulations.