THE IMPERATIVE TO SPUR COMPETITIVE FACTORS AND INCENTIVIZE EFFICIENCIES

THE IMPERATIVE TO SPUR COMPETITIVE FACTORS AND INCENTIVIZE EFFICIENCIES

18 June, 12:30–13:45

Bureaucratic red tape, an underdeveloped infrastructure and financial sector, as well as the need to create greater competitive pressures for state-owned corporations are just a few of the key issues policymakers face as they seek to raise Russia’s competitiveness. What measures should the government take to boost competition? What confidence-building measures would give the business sector a sense that the competitive environment will see improvements?











Key moments

One of our objectives is drawing up and improving legislation in order to boost small and medium-sized businesses’ access to the resources available. Our ideology is pursuing the fairest distribution of these resources with the influence of the state kept to a minimum.
Andrey Tsarikovskiy
The risk of crisis is in that we start to focus on transitory problems without looking ahead at how we must change the operational environment of the company.
Igor Lotakov
It’s impossible to be both the biggest owner and regulator simultaneously for a long time. The state must cut its presence in the competitive sectors of the economy.
Irackly Mtibelishvily
A clear mega-trend affecting companies is the economic power shift. Emerging markets like China are no longer just sources of cheap labour. They are becoming consumer economies.
Igor Lotakov