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The Russian economy is being modernized and per capita incomes are converging towards OECD levels, but the pace of catch-up could be increased up with determined efforts to raise energy efficiency and improve the business climate, especially via reduced corruption and strengthened rule of law.
This report evaluates how well EECCA countries have done in ensuring people’s access to adequate water supply and sanitation services since their Economic, Finance, and Environment Ministers adopted the Almaty Guiding Principles to support such efforts in 2000.
G20 Labour and Employment Ministerial, Paris 26-27 September 2011
This report aims to help Eastern Europe, Caucasus and Central Asia (EECCA) environmental administrations to harness the potential benefits of on-going public finance reforms in the region.
These country notes contain over 50 indicators which compare the political and institutional frameworks of national governments as well as revenues and expenditures, employment, and compensation. They include a description of government policies on integrity, e-government and open government.
Recent reforms will still be insufficient to cover increased pension costs in the future, despite increases in retirement ages in half of OECD countries, according to a new OECD report.
After the political transition rates of obesity rose in the Russian Federation. Currently, half of the population is overweight, 1 in 4 women and one in 10 men are obese.
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 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 and resilient banking system will be key.