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For Business, World Bank Says Russia Has a "Strong Reform Momentum"

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View Ratings | Rate It Headlined to H3 11/7/15

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Russia is getting better. Slowly but surely the economy is modernizing and streamlining the way businesses are run. 

This year Russia was ranked 51 out of 189 countries measured. Last year, it was ranked 62. Russia has maintained “a strong reform momentum,” according to the Russia program leader for the World Bank, Sylvie Bossoutrot.  Russia scored among the top 10 best performers globally in registering property (8) — better than the United States — and is fifth worldwide in enforcing contracts. By comparison, the U.S. is ranked 21.

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Natylie Baldwin is co-author of Ukraine: Zbig's Grand Chessboard & How the West Was Checkmated, available from Tayen Lane Publishing. Her fiction and nonfiction have appeared in various publications including Sun Monthly, Dissident Voice, (more...)

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