Russian Federation Systematic Country Diagnostic : Pathways to Inclusive Growth
Russia is a country of global importance and great internal diversity, making it challenging to undertake acoherent country growth diagnostic. The world’s largest transcontinental country spans eleven time zones in northern Eurasia. Russia is the m...
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World Bank, Moscow
2017
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| Online Access: | http://documents.worldbank.org/curated/en/743721497531927295/Pathways-to-inclusive-growth http://hdl.handle.net/10986/27561 |
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okr-10986-275612021-05-25T10:54:41Z Russian Federation Systematic Country Diagnostic : Pathways to Inclusive Growth World Bank COMMODITY BOOM MACROECONOMIC POLICY SHARED PROSPERITY PRODUCTIVITY LABOR MARKET SOCIAL PROTECTION GOVERNANCE NATURAL RESOURCE MANAGEMENT Russia is a country of global importance and great internal diversity, making it challenging to undertake acoherent country growth diagnostic. The world’s largest transcontinental country spans eleven time zones in northern Eurasia. Russia is the main trading partner for many of its more than a dozen neighbors. It also is thehost of 11 million migrants who generate significant remittances for their home countries. As a growing upper middle-income economy, it plays an increasing role as a donor to low-income economies worldwide. Russia isthe ninth most populous country in the world with an admirable track-record in reducing poverty and boosting shared prosperity. Russia is unevenly populated and economic activity is dispersed, preventing the scale advantages of agglomeration. Altogether, these characteristics render undertaking this Systematic Country Diagnostic aboutRussia’s future development course challenging. The analysis identifies general causal chains related to Russia’sinterlinked development challenges and opportunities, but is often based on data only available at the national level. This diagnostic identifies two pathways where progress is critical for sustainable growth and an expansion of shared prosperity. The first pathway identified areas where new policies are necessary to achieve a recoveryin productivity, focusing on infrastructure and connectivity, the regulatory regime for businesses, constraints on innovation by firms, and skills development for individuals. The second pathway identified the main areas for policy reforms to further reduce vulnerability by deepening human capital gains and improving access to public services. The analysis identifies channels through which the labor market can again become a source of raising the incomes of the bottom 40 percent by improving health and education services and strengthening the poverty impact and sustainability of Russia’s social protection system. To achieve these goals, progress isessential in three requisites: fiscal sustainability, governance, and management of natural resources. 2017-07-13T19:04:52Z 2017-07-13T19:04:52Z 2016-01-01 Report http://documents.worldbank.org/curated/en/743721497531927295/Pathways-to-inclusive-growth 978-5-9618-0110-1 http://hdl.handle.net/10986/27561 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Moscow Systematic Country Diagnostic Europe and Central Asia Russian Federation |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
COMMODITY BOOM MACROECONOMIC POLICY SHARED PROSPERITY PRODUCTIVITY LABOR MARKET SOCIAL PROTECTION GOVERNANCE NATURAL RESOURCE MANAGEMENT |
| spellingShingle |
COMMODITY BOOM MACROECONOMIC POLICY SHARED PROSPERITY PRODUCTIVITY LABOR MARKET SOCIAL PROTECTION GOVERNANCE NATURAL RESOURCE MANAGEMENT World Bank Russian Federation Systematic Country Diagnostic : Pathways to Inclusive Growth |
| geographic_facet |
Europe and Central Asia Russian Federation |
| description |
Russia is a country of global importance
and great internal diversity, making it challenging to
undertake acoherent country growth diagnostic. The world’s
largest transcontinental country spans eleven time zones in
northern Eurasia. Russia is the main trading partner for
many of its more than a dozen neighbors. It also is thehost
of 11 million migrants who generate significant remittances
for their home countries. As a growing upper middle-income
economy, it plays an increasing role as a donor to
low-income economies worldwide. Russia isthe ninth most
populous country in the world with an admirable track-record
in reducing poverty and boosting shared prosperity. Russia
is unevenly populated and economic activity is dispersed,
preventing the scale advantages of agglomeration.
Altogether, these characteristics render undertaking this
Systematic Country Diagnostic aboutRussia’s future
development course challenging. The analysis identifies
general causal chains related to Russia’sinterlinked
development challenges and opportunities, but is often based
on data only available at the national level. This
diagnostic identifies two pathways where progress is
critical for sustainable growth and an expansion of shared
prosperity. The first pathway identified areas where new
policies are necessary to achieve a recoveryin productivity,
focusing on infrastructure and connectivity, the regulatory
regime for businesses, constraints on innovation by firms,
and skills development for individuals. The second pathway
identified the main areas for policy reforms to further
reduce vulnerability by deepening human capital gains and
improving access to public services. The analysis identifies
channels through which the labor market can again become a
source of raising the incomes of the bottom 40 percent by
improving health and education services and strengthening
the poverty impact and sustainability of Russia’s social
protection system. To achieve these goals, progress
isessential in three requisites: fiscal sustainability,
governance, and management of natural resources. |
| format |
Report |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Russian Federation Systematic Country Diagnostic : Pathways to Inclusive Growth |
| title_short |
Russian Federation Systematic Country Diagnostic : Pathways to Inclusive Growth |
| title_full |
Russian Federation Systematic Country Diagnostic : Pathways to Inclusive Growth |
| title_fullStr |
Russian Federation Systematic Country Diagnostic : Pathways to Inclusive Growth |
| title_full_unstemmed |
Russian Federation Systematic Country Diagnostic : Pathways to Inclusive Growth |
| title_sort |
russian federation systematic country diagnostic : pathways to inclusive growth |
| publisher |
World Bank, Moscow |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/743721497531927295/Pathways-to-inclusive-growth http://hdl.handle.net/10986/27561 |
| _version_ |
1764465311271092224 |