Russia should increase protection of intellectual property, strengthen competition and invest more in research and development to boost innovation and entrepreneurship across its economy, according to a new OECD report.
During his official visit, Angel Gurría met with the President of the Russian Federation and other government officials to discuss Russia's ongoing negotiations to join the OECD.
Angel Gurría declared that "building on the trust we have established over the years, Russia is advancing on the accession track to become a member of the OECD. The accession process can be seen as a joint initiative to support Russia’s objective of modernising its economy."
Two workshop were held in Moscow on the topic of regulatory impact assessment in Russia, enabling an exposure to different approaches used in some leading OECD countries.
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Commodity prices surged in 2006-08 in Argentina, Brazil, China, Chile, India, Indonesia, Russia, South Africa, Ukraine and Vietnam. Government policy responses to these price surges were not always successful in minimising the impact on consumers and producers, this report finds.
A report on how growth in demand for agricultural products has evolved in developing and emerging economies, notably Brazil, Russia, India, Indonesia and China (the so-called BRIIC countries).
In the years preceding the onset of the global financial crisis, the Central Bank of Russia (CBR) had two goals: to reduce inflation and limit the real appreciation of the rouble.