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.
Новостная рассылка ОЭСР – OECD Newsletter in Russian
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Export restrictions on raw materials are applied to achieve a number of policy objectives. However, they can have a significant and negative impact on the efficient allocation of resources, international trade, and the competitiveness and development of industries in both exporting and importing countries.
By diverting exports to domestic markets, export restrictions raise prices for foreign consumers and importers. At the same time, by reducing domestic prices in the applying countries and increasing global uncertainty concerning future prices, export restrictions negatively affect investment, thus potentially reducing the overall supply of raw materials in the long term. In view of existing alternative policy tools that have a different impact on trade, the effectiveness of export restrictions to achieve stated policy objectives should be carefully reviewed.
This publication presents a selection of papers discussed at the OECD Workshop on Raw Materials, held in Paris in October 2009. This workshop was organised in response to the growing concern on the use of export restrictions on raw materials, particularly by emerging economies.
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.
This paper uses the OECD’s indicators of product market regulation (PMR) to assess the extent to which the regulatory environment in Russia supports competition and to draw attention to the areas where further reform efforts would pay dividends.