Evaluation of competitiveness and the business environment in Russia
Delipalla, As Professor Sofia
As. Professor Siokis, Fotis
School of Humanities, MA in Black Sea & Eastern Mediterranean Studies
Papapanagos, Professor Harry
This paper makes an assessment of Russia’s national competitiveness level and business
environment in the country. These analyzes is based on two very important and influential
key studies: Global Competitiveness Report of World Economic Forum and Doing
Business of World Bank. The main purpose of this paper is to show how competitive are
Russia’s economy and what the environment is here in order to develop business.
The results showed that Russia still are ranked in a very low positions comparing to the
other countries and regions. It is also observed that despite the fact that is big economy
and big market it can not compete with EU-27 or USA because the indicators are too low.
This paper analyzes why those indicators are low and also gives proper recommendations
which could be implemented in Russia.
What is also very important that this dissertation shows how deep the correlation between
competitiveness and business environment is because it takes into account main sectors
which are important for the growth of economy.