Legal and Institutional Obstacles to Growth and Business in Russia
IMF Policy Discussion Papers, November 1, 1997
Source details
- Canonical URL
- Legal and Institutional Obstacles to Growth and Business in Russia
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Bibliographic details
- Authors: Elaine Karen Buckberg
- Published: November 1, 1997
- Series: IMF Policy Discussion Papers
- DOI: https://doi.org/10.5089/9781451970814.003
Background and core finding
- Although financial stabilization has laid the foundation for growth, structural reform of the economy will determine whether Russia achieves sustained medium-term growth.
- The next step for Russia is to create an institutional and regulatory environment that fosters investment and promotes new private sector activity.
Critical reforms identified
- Reforming the tax system.
- Reducing red tape and bureaucratic corruption.
- Strengthening the judicial system.
- Improving capital market infrastructure.
Subjects and keywords (as listed)
- Subjects: Corporate income tax, Corruption, Crime, Legal support in revenue administration, Revenue administration, Tax incidence, Tax law, Tax policy, Taxes
- Keywords: Corporate income tax, Corruption, financial condition, firm, firm's value, investment, investment decision, Legal support in revenue administration, PDP, Russia, sc, shareholder, shareholder interest, Tax incidence, Tax law, unprofitable company, value, wage arrears
Content in this bundle
- Legal and Institutional Obsticles to Growth and Business in Russia - PPAA/97/8