AS per OECD, the Russian
Federation must further modernise its economy to meet long-term development
and income inequality challenges. A combination of
sound macroeconomic management, improved business climate, effective social
policies and greater energy efficiency is required, he added.
These are key conclusions of two newly published reports – a Review of Labour
Market and Social Policies in the Russian Federation and the latest Economic
Survey of the Russian Federation – launched in Moscow today by OECD Secretary-General
Angel Gurría and Russian Minister of Economic Development Elvira Nabiullina.
The reports identify modernisation and social inclusion as vital to Russia’s
future economic development. The Survey notes a number of areas where Russia
is performing relatively well, such as public debt management, education and
unemployment.
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