The Russian government has made pro-gress in economic reforms but more is needed to promote better governance, encourage dialogue, identify areas for technical assistance and to plan the way ahead. It is against this background that a decision was taken at an OECD meeting in Moscow to set up a twice yearly Round Table on corporate governance in Russia. The aim is to bring together securities regulators, judiciary experts, representatives of the financial and securities institutions and corporate leaders, as well as representatives of stakeholders and civil society. The Moscow initiative was co-sponsored by the World Bank and the US Agency for International Development, with close support from the Russian government. More . . .
Growth is still generally good and fears of a recession are exaggerated.
A mild short-term dip in the U.S. is likely, but other economies, particularly in Europe, will perform well. A recession, if it comes, will be severe and global. Current results Previous results All rights reserved.