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2013 OECD Economic Surveys: Russian Federation 2013 (Russian version)

image of OECD Economic Surveys: Russian Federation 2013 (Russian version)

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Executive summary

Structural reforms to improve the business climate are key to raising potential growth and economic resilience. As energy prices stagnate and labour and capital become fully utilised, growth is falling behind pre-crisis rates. Making the economy stronger, more balanced, and less dependent on rents from natural resource extraction is therefore a key challenge. This requires higher productivity growth and greater energy efficiency, both driven by competition, stronger investment and better matching of skills and jobs. The sequencing, political economy and implementation of structural reforms are all important.

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