Russian Federation
Worsening relative bond spreads in early 2008 - an Eskom effect ? appears in OECD Economic Surveys: South Africa: Economic Assessment.
Worsening conditions on international capital markets for emerging markets appears in OECD Economic Surveys: Russia.
This policy brief was developed by the Secretariat of the OECD Network of Economic Regulators (NER) and is based on examples of practice submitted by members of the NER. It reviews emergency measures taken by economic regulators during the COVID-19 pandemic to ensure continuity of services in network sectors, as well as to adjust regulatory practices and adapt governance arrangements. It identifies long-term questions and implications of the crisis with regard to market structure, infrastructure investment and the role of regulators.
Productivity in Russia has fallen steadily over the past 15 years. This paper explores micro-level data to understand the contribution of individual firms to aggregate productivity. Overall, firm-level data corroborate the decline in aggregate productivity and a widening productivity gap against several European countries. They also show that the gap between “the best” and “the rest” has widened in Russia, similar to other countries. Russian markets are quite concentrated, i.e. dominated by few large firms. Larger firms tend to be more productive, but firms at the productivity frontier have become smaller and younger over time, suggesting that more support for young and innovative firms could help raise productivity. Foreign ownership is associated with higher productivity, and there is evidence that foreign firms generate positive productivity spillovers for domestic firms. Service firms belong to the most productive, yet the service sector remains underdeveloped. Mining is also very productive but less than in other countries. Differences in productivity across regions are large, even controlling for many other determinants, suggesting a lack of capital and labour mobility and knowledge transfer across regional borders.
Univariate inflation process with trend p=at+ßpt-1+et appears in OECD Economic Surveys: Russia.
This chapter situates the Krasnoyarsk Agglomeration in the context of Krasnoyarsk Krai and the Russian Federation and assesses the major economic, urban and social challenges facing the Agglomeration. It examines demographic and economic trends, highlighting the Agglomeration’s strengths in terms of resource wealth, human capital and science assets. It also defines the development challenges created by its geography, including a severe climate, long distances to major markets and a relatively sparse settlement pattern. Finally, it looks at the need and potential for further diversification of economic activity in the Agglomeration.