Investment Policies in Russia: The Northern Dimension. by Rainer Geiger Deputy Director, OECD Financial and Enterprise Affairs The Northern Dimension Forum St. Petersburg 13 May 2008. Investment trends and policies in the Russian Federation.
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Investment Policies in Russia: The Northern Dimension
Deputy Director, OECD Financial and Enterprise Affairs
The Northern Dimension Forum
13 May 2008
Source: EIU (2007), World Investment Prospects to 2011: Foreign Direct Investment and the Challenge of Political Risk, September 2007.
The Business Climate Development Strategy (BCDS) as a whole is targeted at…
It is a systematic approach involving three basic steps:
Define time-bound strategic priorities with government leaders,
including consultations with other stakeholders
Support the design and implementation of improved policy at national and regional level
1.Provide a single comprehensive document defining a business climate reform strategy based on best practice in OECD countries;
2. Leverage existing evaluations of the business climate including those by the OECD, The World Bank and the European Commission;
3. Support leadership in federal, regional and local governments to ensure coordination and consensus on priorities for reform throughout a broad range of policy areas affecting the business climate;
4. Involve continuously government and private sector throughout the process to increase buy-in for business climate reform;
5. Identify priorities for action and provide support for implementation.