Russia faces very large challenges in modernising its large transport system. Promoting competition in the transport sector is essential, in particular by effectively opening the railway freight market to independent operators.
Reducing the role of the state in the economy and WTO membership should be viewed as opportunities to strengthen competition, and hence provide incentives for productivity improvements, which are urgently required to ensure stronger growth in Russia because of a shrinking labour force.
Bringing together the city of Krasnoyarsk and six adjacent smaller cities and rural districts, the Krasnoyarsk Agglomeration is increasingly emerging as the main economic hub of Eastern Siberia. Its relative weight in both population and economic activity continues to grow. This review examines the Agglomeration’s performance and potential, particularly with reference to such critical challenges as internal and external
The labour market in Russia is very flexible. This results in a high and stable overall employment rate, but also high wage inequality, informality and labour turnover, which limits incentives for firms to invest in human capital and productivity improvements.
The OECD supports countries of Eastern Europe, Caucasus and Central Asia (EECCA) to reconcile their environment and economic goals thus addressing the heavy environmental legacy of the Soviet model of development. This support is provided within the framework of the Task Force for the Implementation of the Environmental Action Programme (the EAP Task Force).
There are now 42 signatories to the OECD Declaration on Green Growth. Lithuania has joined Costa Rica, Colombia, Croatia, Latvia, Morocco, Tunisia, as well as OECD members in having adhered to the declaration. Latest reports are now available on Zambia, Slovak Republic, Slovenia and Korea.
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This country note from Going for Growth 2015 for the Russian Federation identifies and assesses progress made on key reforms to boost long-term growth, improve competitiveness and productivity and create jobs.
In 2013, the Russian Federation’s net ODA amounted to USD 714 million, representing an increase of 48% in real terms over 2012. The ratio of ODA as a share of GNI rose from 0.02% to 0.03%.
Institutional investors (investment funds, insurance companies and pension funds) are major collectors of savings and suppliers of funds to financial markets. Their role as financial intermediaries and their impact on investment strategies have grown significantly over recent years along with deregulation and globalisation of financial markets.
This publication provides a unique set of statistics that reflect the level and
Migration inflows to the Russian Federation continued to rise in 2012-13.