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This paper discusses the policy imperatives in the short term, in the face of the ongoing economic crisis, and reforms that could be implemented over the longer term to improve the efficiency and resilience of the financial system and raise Russia’s potential growth rate.
- Economic Survey of Russia 2009
In February 2009 the Russian Federation formally applied to the OECD Secretary-General to accede to the OECD Anti-Bribery Convention and become a full participant in Working Group on Bribery. Consideration of that request will be undertaken by the Working Group following receipt of information from the Russian Federation.
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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. One of the most important of these institutional reforms has been the restructuring of the budget system. The latter should be interpreted quite widely to encompass the institutional framework as well as the administrative
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.
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.
Country Notes from OECD Economic Policy Reforms: Going for growth 2011 presenting OECD recommendations for structural reform priorities for individual countries.
Brazil, Russia, India, Indonesia, China and South Africa (the BRIICS economies) have increased their share of world trade. To build on this progress, these countries should resist protectionism and revive stalled trade reforms, says this OECD study on globalisation.
Resisting protectionism and reviving stalled trade reforms would help the major emerging economies build on the progress achieved over the past two decades and emerge from the crisis with their trade performance strengthened, says a new OECD report.
As the global economic slowdown threatens to increase food insecurity among the world’s poor, a new OECD report calls on the major emerging economies to ensure their agricultural policies are focussed on long-term sustainability rather than short-term fixes..
In Brazil, Chile, China, India, Russia, South Africa and Ukraine, agriculture continues to play a vital role in employment and food security. This report monitors and evaluates government support to agriculture in these seven emerging economies during 2006-08.