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OECD Economic Surveys: Russian Federation 2006

image of OECD Economic Surveys: Russian Federation 2006

This 2006 edition of OECD's periodic review of the Russian economy finds an economy enjoying robust growth, but requiring strengthening of the macroeconomic framework to sustain that growth.  Public administration urgently needs reform and raising innovation potential could do much to sustain rapid growth. The healthcare system suffers from fundamental imbalances and its reform could arrest the decline in health now being experienced.  This survey offers a series of recommendations for addressing these issues.

English Russian, French

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Raising the effectiveness of innovation policy

This chapter examines the potential role of innovation policy in enhancing long-term productivity growth in Russia. It begins by exploring the role of framework conditions for business in encouraging innovative activities, particularly with respect to intellectual property rights and competition. Realising Russia’s innovation potential will also require reform of the large public science sector. This raises issues pertaining to the organisation and financing of public research bodies and, in particular, to the incentives and opportunities they face in commercialising the results of their research. Finally, the chapter looks at the potential role of direct interventions, such as special economic zones and technoparks, as well as the scope for improving the tax regime for private-sector R&D.

English French

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