The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.

Reform rolls on with mixed success

Each month since last August, Vladimir Putin’s government has attempted to put in place a new aspect of economic reform. But some problems, notably the banking sector and the entrenched Soviet-style bureaucracy, are particularly intractable.

       
The Russian Duma has enacted a flurry of reform
bills in recent months

The wait is over. The Russian government is for the first time making a considered and systematic attempt to reform the economy and put in place the market-oriented mechanisms that will enable it to grow. Since the end of the summer, there has been a constant stream of laws and plans from the economic development and trade ministry (MinEcon), headed by economics tsar German Gref, which is overseeing the reform process.

Take out a complimentary trial

Take out a 7 day trial to gain unlimited access to Euromoney.com and Asiamoney.com analysis and receive expertly-curated updates direct to your inbox.

 

Already a user?

Login now

 

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree