Unleashing Russia's Business Potential : Lessons from the Regions for Building Market Institutions
This analyzes, based on more than seventy company case studies across 13 Russian regions during the spring, summer, and fall of 2000, and the summer of 2001, examines four key issues that Russian firms face in carrying out business transactions in...
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| Format: | Publication |
| Language: | English en_US |
| Published: |
Washington, DC: World Bank
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2002/01/1812716/unleashing-russias-business-potential-lessons-regions-building-market-institutions http://hdl.handle.net/10986/14096 |
| Summary: | This analyzes, based on more than
seventy company case studies across 13 Russian regions
during the spring, summer, and fall of 2000, and the summer
of 2001, examines four key issues that Russian firms face in
carrying out business transactions in Russia's regional
markets: 1) the state of enterprise competition; 2) the
regulatory regime governing the delivery of infrastructure
services (with a focus on the telecom, and Internet sector);
3) the sources, and use of corporate finance; and, 4) the
efficacy of the court system in fostering the settlement of
commercial disputes. The study formulates policy
recommendations for each of the areas analyzed. In so doing,
it sheds light on salient inter-regional differences in
existing policy frameworks, and in the structure, and nature
of the country's enterprise sector, as well as on how
regional governments, and firms both respond to, and shape
these differences. The study also highlights the evolution
of inter-regional policy, and economic changes over time,
assessing the extent to which, two years after the 1998
crisis, enterprise restructuring at the local level, has
been affected by the devaluation of the ruble. |
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