Abstract

Developments in the post-crisis period in Russia were associated with the emergence of a number of new institutions that support interactions between government and business. Against this background, the Agency for Strategic Initiatives (ASI), in our opinion, has been the most successful institutional innovation so far. In this article we analyze the ASI as a new type of development institution for Russia, whose activity is focused not on allocations of budget funds and preferences, but on organization of strategic dialogue with the private sector and the consensus building within the government. Practical experience of the ASI’s activity is reviewed in this article, first, from the standpoint of general principles of the “new industrial policy” and, second, from the perspective of international best practices in deregulation policies. On this basis, the article highlights the strengths and possible risks of the current ASI model and proposes further steps to facilitate formation of favorable investment climate.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.