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The World Bank: Moving Closer to Russia’s Regions

The World Bank: Moving Closer to Russia’s Regions. Republic of Tatarstan The City of Kazan Michal Rutkowski The World Bank Country Director The Russian Federation. Presentation Outline. Russia’s Economic Outlook and Policy Challenges. Constraints to Growth and Diversification.

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The World Bank: Moving Closer to Russia’s Regions

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  1. The World Bank: Moving Closer to Russia’s Regions Republic of TatarstanThe City of KazanMichal Rutkowski The World Bank Country DirectorThe Russian Federation

  2. Presentation Outline

  3. Russia’s Economic Outlook and Policy Challenges

  4. Constraints to Growth and Diversification

  5. Challenges for Skills and Social Services

  6. Governance Challenges

  7. The Word Bank Principles of Engagement with Russia

  8. 2012-2016 CPS Engagement Areas

  9. 2012-2016 CPS Choice of Instruments

  10. 2012-2016 CPS Levels of Engagement

  11. Regional Focus: Overview • Russia’s Regions: Diversity of Challenges • The World Bank Group: Activities and Instruments

  12. Russia’s Regions: Diversity of Challenges Regional Human Development Indicators

  13. Russia’s Regions: Diversity of Challenges Someregions are experiencing very high unemployment rates with attendant social risks Unemployment, %, average for November - January 2012 Source: Rosstat. Unemployment in Tatarstan Republic is below Russian average

  14. Enhanced Focus on Sub-national Level

  15. The World Bank Group: Activities and Instruments • Lending Products for Regions • IBRD Flexible Loans • Require federal intermediary or sovereign guarantee • Long maturities up to 30 years • Competitive and flexible pricing in USD

  16. The World Bank Group: Activities and Instruments • Providing Finance and Advice

  17. The World Bank Group: Activities and Instruments • Knowledge Products for Regions • Analytical and Advisory Activities (AAA) • e.g. Studies on • - Doing Business in Russia 2009 • - Monocities • - Regional Development and • Growth Agglomeration • - Social Expenditures • Reimbursable Technical Assistance (RTA) • More than 20 RTAs completed • Current RTAs in regions: • Education (Kazan, Yakutia) • Health (Kirov) • Urban Transport (Moscow, St. Petersburg) • Investment Climate (Moscow) • Doing Business (30 regions)

  18. www.worldbank.org/russia

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