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A Report of the World Bank to be presented at the Gaidar Forum 2017 at RANEPA

On January 12, the first day of the Gaidar Forum 2017, the World Bank will present their Report “Russian Federation Systematic Country Diagnostic: Pathway to Inclusive Growth”.

The report will be presented by the World Bank Vice President for Europe and Central Asia Cyril Muller and Deputy Chief Economist for the World Bank Group Ana Revenga.

The report will analyze the key factors holding back the country’s economy: persisting problems in investment environment, lack of competition, physical and non-physical barriers to the development of infrastructural links, a gap between the available workforce qualifications and labor market needs, and other factors.

The Systematic Country Diagnostic: ”Pathways to Inclusive Growth” identifies the most critical constraints and opportunities facing Russia’s efforts to chart a new growth path for the country and ensure the sustainability and inclusivity of economic growth going forward. The report analyzes the key constraints of productivity growth, such as the remaining weaknesses of the investment climate, the lack of sufficient competition, physical and non-physical barriers to infrastructure connectivity, the relatively low innovation capacity of firms and the mismatch between available skills and the demands of the labor market. It also reviews the opportunities for further strengthening Russia's human capital, through improving people's health, and the quality and relevance of education. Finally, it identifies three key requisites for putting the economy on a higher growth path, including improved governance, fiscal reform and strengthened stewardship of Russia's rich natural resources. While the report focuses mostly on diagnostics, it also presents a set of recommendations that would help address the above constraints.     

The Systematic Country Diagnostic has been prepared by the World Bank Group in close consultations with many of its partners, including federal and regional governments, academia and think tanks, the business community, civil society and other stakeholders.

Organizers of the Gaidar Forum: The Russian Presidential Academy of National Economy and Public Administration (RANEPA), The Gaidar Institute for Economic Policy (Gaidar Institute) and the Association of Innovative Regions of Russia (AIRR).

PARTNERS

General partners: Gazprom, Gazprombank. Financial partner: Otkritie Bank. Strategic partners: Unilever, ACIG Group of Companies, Johnson & Johnson, Novartis Group in Russia,  Masterсard,  Yegor Gaidar Foundation,  MSD. Partners: EY, Cotton Way, The Russian Brewers' Union. Official partners: Microsoft.

General media partners: Russia 24, PH Kommersant. General Internet Media: Gazeta.ru. Strategic media partners: TASS, RT, RIA Novosti. Main media partners: Interfax Information Services Group, Prime Business News Agency CJSC.

Media partners: Rossiyskaya Gazeta, Lenta.ru,  Izvestia, Rambler News Service, Snob, Xinhua News Agency,   PR Newswire,   Agencia EFE,   Radio "Echo of Moscow",   The Finmarket Information Agency,  Polit.ru,  BRICS Business Magazine,   AK&M,   Ekonomika I Zhizn’,   FederalPress, The National Banking Journal,   The magazine “Region of development”,  RAEX (Expert RA),   "STRANA",   Phoenix Satellite Television, The magazine “Moscow – Beijing. Two Countries – One Thing”,   RIA Standards & Quality, Business Excellence, Strategy Journal, Gosudarstvennaya Sluzba, Viable Healthcare, The Banking Review, Financial One.