Can Russia Compete?
Russia has joined the club of rapidly growing economies, driven by rising prices for oil and gas. Russian authorities are concerned about sustaining this economic performance, however. Thus they have sought to diversify and broaden the basis for gr...
| Main Authors: | , |
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| Language: | English en_US |
| Published: |
Washington, DC: Brookings Institution Press
2017
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| Online Access: | http://documents.worldbank.org/curated/en/896971486648504208/Can-Russia-compete http://hdl.handle.net/10986/26067 |
| Summary: | Russia has joined the club of rapidly
growing economies, driven by rising prices for oil and gas.
Russian authorities are concerned about sustaining this
economic performance, however. Thus they have sought to
diversify and broaden the basis for growth beyond the
profitable natural resource sector and to build an economy
that will be able to compete in the twenty-first century.
This book presents the case that Russia’s neglected
manufacturing sector is in need of human capital andpolicy
reforms that will unleash its innovative potential. Can
Russia Compete? quantifies and benchmarks the relative
strengths and weaknesses of that sector, identifying
opportunities to increase Russian productivity and
competitiveness. Drawing on original survey data from
Russian firms of all sizes, the authors formulate proposals
that aim to enhance the innovative potential of Russian
firms,upgrade the skills of their workforces, and develop a
business-friendly climate with lower administrative costs
and greater policy certainty. The original research and
analysis of Raj Desai, Itzhak Goldberg, and their colleagues
will be of use to anyone interested in the problems of
building manufacturing competitiveness in a globally
integrated economy. It will also be of interest to
organizations planning to do business or invest in Russia. |
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