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The Russian Federation’s economy is growing, but further reforms are needed to bolster future growth, improve the business climate and strengthen innovation, according to the OECD.
Despite the slowdown of the world economy, Russia has continued to grow. Most importantly, your macroeconomic house is basically in order, with inflation largely under control, public finances close to balance, and a current account surplus. But growth must become sustainable and fair through the implementation of the right policy mix, said OECD Secretary-General.
Mr. Angel Gurría, Secretary-General of the OECD, was in Moscow to attend the Gaidar Forum where he presented the OECD Economic Survey of the Russian Federation. His visit also included meetings with Prime Minister Medvedev, Deputy Prime Minister Shuvalov and members of the cabinet and the business community.
The Russian Federation began reporting its ODA to the OECD for the first time in 2011 (on 2010 flows), becoming the first “BRICS” (Brazil, Russia, India, China, and South Africa) country to do so. In 2010, the Russian Federation’s total net ODA disbursements were USD 472.4 million, down from USD 785 million in 2009, as reported by the Russian Ministry of Finance.
This paper takes stock of informal employment in Russia analysing its incidence and determinants. Using the regular 2003-11 waves and an informality supplement of the Russian Longitudinal Monitoring Survey (RLMS) it develops several measures of informal employment and demonstrates that the incidence varies widely across the different definitions.
This meeting focused on issues related to implementation, monitoring and enforcement of the new Russian Corporate Governance Code.
Russia has yet to address key provisions of the OECD Anti-Bribery Convention, which entered into force in Russia in April 2012. It has not yet fully implemented recommendations for strengthening its framework for combating foreign bribery and should be more proactive in detecting, investigating and prosecuting foreign bribery cases.
This page contains all information relating to implementation of the OECD Anti-Bribery Convention in Russia.
Data on government support to agriculture in the OECD area (including European Union) and other major economies, measured by indicators including the Producer Support Estimate (PSE) and Consumer Support Estimate.
Building an international tax system that is transparent, efficient and fair, will serve our economies, our governments and our citizens, said OECD Secretary-General at the G20 summit in St. Petersburg.