Russian top diplomat shares his impressions from meeting with US leaderRussian Politics & Diplomacy July 21, 20:31
Lavrov bewildered US special services give no facts of Russia’s meddling in US electionRussian Politics & Diplomacy July 21, 19:46
Putin says USSR collapse had greatest impact on himSociety & Culture July 21, 18:37
Putin expects Russian-European Mars landing mission to crown with successScience & Space July 21, 18:21
Key facts about ExxonMobil and its business in RussiaBusiness & Economy July 21, 18:14
Nemtsov’s daughter appeals against verdict on her father’s murder with Supreme CourtSociety & Culture July 21, 18:03
Chinese Navy warships arrive in Russian Baltic port for joint drillsMilitary & Defense July 21, 17:57
This week in photos: Putin’s binoculars, Macron's hug and Berlin’s welcome for UK heirsSociety & Culture July 21, 17:43
Putin discloses his code name at intelligence schoolSociety & Culture July 21, 17:39
WASHINGTON, June 24. /TASS/. Without major policy changes Russia’s economy will grow slowly in the medium term, "even if world market prices for oil rebound sharply by the end of the decade," the RAND Corporation, an influential US think tank, said in its report published on Thursday.
"However, there is much that the Russian government could do internally to accelerate growth. A combination of an aggressive program to privatize state-owned assets, clamping down on corruption, and improving the business environment should accelerate growth in total factor productivity," said the report titled "Russia's Medium-Term Economic Prospects."
The authors of the report said the full implementation of the Minsk peace agreements on Ukraine "with a resulting elimination of many Western sanctions, could also boost GDP growth."
"More-welcoming immigration policies would also boost growth by offsetting the declining workforce" in Russia’s economy, the report said.