In 2007, Russia’s international investment flows reached record highs, making Russia one of the world’s largest recipients and sources of FDI. Russia's potential for attracting even more international investment can be improved by strengthening beneficial competition and offering additional opportunities for investment. Disseminating international standard business practices among Russian firms can also boost the country's
This is the Japanese version of Regulatory Reform in Russia and covers the overall economic context, the government’s capacity to manage regulatory reform, competition policy and enforcement, and market openness. It also examines the electricity and railroad sectors.
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The Russian system of education has been developing as the result of social, cultural, and economic changes of the early 90-s. But at present we can see that the significance of the particular factors of transformation that is specific to Russia is declining as tendencies common to the majority of modern countries are coming to the forefront. While choosing strategic parameters for the development of the educational system it is
This report draws on three detailed case studies in Eastern Europe, the Caucases and Central Asia (EECCA), and on the experience of OECD countries to provide guidance on how transfers from central budgets to local authorities could be designed to finance environmental infrastructures in transition economies. Ideally, the costs of water supply and sanitation should be covered by user charges. However, the high investment costs and
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Обзор инвестиционной политики 2006 года рассматривает изменения, которые произошли в условиях регулирования инвестиций со времени последнего обзора ОЭСР в 2004 году. Он также включает анализ реформы системы контроля за капиталом и российского подхода к международным инвестиционным соглашениям. При оценке этих изменений и подготовке предложений по дальнейшему улучшению в фокусе настоящего Обзора находилась прозрачность инвестиционной
This report aims to improve corporate governance in Russia, which is recognised as essential for the creation of sound companies, financial market integrity and an attractive business climate. Corporate transparency is a particularly important component of good governance through the protection of individual and institutional shareholders. Shareholders and potential investors require accurate and timely information in order to make
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The Russian Railway system is in the process of rapid legal, organisational and regulatory reform. This paper is based on a series of discussions with the Government on the reform plans and the progress in implementing reform. The conclusions are not intended to be interpreted as requirements or instructions on the next steps in the process. They instead aim to raise questions where, from observing difficult reform issues in other
The Russia review follows a multidisciplinary approach and covers the overall economic context for regulatory reform, the government’s capacity to manage regulatory reform, competition policy and enforcement, and market openness.
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Competition policy is central to regulatory reform, because its principles and analysis provide a benchmark for assessing the quality of economic and social regulations, as well as motivate the application of the laws that protect competition. As regulatory reform stimulates structural change, vigorous enforcement of competition policy is needed to prevent private market abuses from reversing the benefits of reform. A complement to