Russia ranked 143rd out of 178 in the Index of Economic Freedom, compiled by the American Institute Heritage Foundation. In fact, Russia is marking time, while her overtake countries like Tajikistan, China, Liberia and even Guinea. Among the European countries, Russia ranks third from the end. However, it is still a good result: in the next ranking Russia could fail much deeper, experts fear.
Russia on the list of countries with the lowest level of economic freedom. For this indicator, it ranked 143rd out of 178 countries, gaining 52.1 points out of a possible 100, to be made public on Wednesday from rating Heritage Foundation. This is worse than the last release of the rating, when the state was at the 140th line, between Tajikistan and Burundi, with 51.9 points. Last year’s result was 0.8 points better than in 2013.
Despite the growth of political and economic isolation and falling prices for oil and gas in Russia has more economic freedom, the figure rose to 1, 6 points from 2011. And by 0.2 points compared to last year.
A little less corruption has become a little more freedom was labor, freedom of doing business, become more transparent taxation. Worsened the situation with property rights and public finance.
Among the 43 European countries, Russia ranked 41st. According to the degree of economic freedom Russia fell below the partners in the BRICS: Brazil won it 118th, India – 128th, China – 139th, South Africa – 72 th.
From the partners of the Eurasian Economic Union, the worst rating in Belarus – 153 th place, the best rating in Kazakhstan – 69- place with 63.3 points. The report notes that the strong budgetary constraints, low taxes and stabilizing monetary policy Kazakhstan gradually improves their economic conditions. Over the past five years, Kazakhstan’s rating rose by 1.2 points due to improved financial, monetary and investment freedom, and reduce government spending.
At this time, Russia was on level of economic freedom between the Comoros and Guinea. Tajikistan, for comparison, is at the 140th line, Liberia – 141 th.
Points are awarded based on an assessment of ten indicators. Such as the openness of the market, the effectiveness of state regulation, the guarantee of property rights, protection against corruption and freedom of the labor market.
Russia has dropped to 143rd place in the ranking of economic freedom. It was in 2011, when she took her place between Seychelles and Ethiopia. The best result of the Russian Federation – 139 th place.
The Basics of economic freedom in Russia remain weak, experts say Heritage Foundation. In addition to links with Europe, Russia remains relatively closed to trade and investment. The government controls the inflow of foreign investment and subsidized state-owned enterprises, restricts competition, the authors write rankings. As noted previously the director of the Center for International Trade and Economics Heritage Foundation, Mr. Miller, the loss of economic freedom leads to slower economic growth, worsening social indicators (health, education, etc.). Conversely, countries with a free market economy, have more opportunities to achieve social goals than those that rely primarily on government regulation and centralized management.
In fact, in recent years, Russia is marking time place, moving in the rankings then down, then up into several neighboring positions.
There is no fundamental changes in the estimates. “Russian law is a threat to foreign investors … A small, undeveloped financial sector remains vulnerable to government influence,” – said in a research fund from 2011. Russia for foreign investors seem closed country with high levels of corruption, unfair trials and inconvenient for the employer labor laws. “Protection of property is weak. The law enforcement system is unpredictable, corrupt … Restrictions on exports and imports, opaque rules and standards … The complicated procedure of dismissal of employees, “- said in the chapter on Russia. All claims remain valid until now.
The government is likely to be called updated rating Heritage Foundation biased and politically engaged. As is the case with the ratings from the agency S & amp; P, for example, has estimated this week, the investment attractiveness of Russia as a “garbage».
It is important to remember that the rating does not provide information about the the current situation. “There is a certain lag, and it is about a year. That is, the rating reflects the state at the beginning of 2014. It was a different life, “- said the head of Strategic Analysis Department FBK Igor Nikolaev.
Since then, the situation in Russia has changed dramatically. “Now we go prosecutor’s checks retailers. Investigative Committee returned the power to initiate criminal proceedings for tax crimes “- lists Nikolaev.
The experts are skeptical about the possibility of exemptions for business in times of crisis. “I do not believe that it will be implemented, – says co-chairman of” Business Russia “Anton Danilov-. – Who will set the internal balance. Nothing much will change. Neither law enforcement will not be our crowd, but absolutely cornering the business will not be too ».
On the question of whether not hurt that this” internal balance “Russian set at such a low level, much lower than the neighbors BRICS, he replied: “It’s a shame only to those who can not change anything. And for those who can, apparently, does not hurt ».
Anton Danilov-not expect, however, a serious failure. “In 2014, nothing happened, there was no fundamental changes. On the ground, it all depends on the local authorities. As for the prosecutorial investigation, it seems to me that this campaign is still episodic phenomenon, and soon it will go, “- says Anton Danilov-.
The following releases ranking of economic freedoms Russia could drop much lower disagree Igor Nikolaev.
«What will be released in the ranking of a year and two, is another story. Everything that happened before, does not rely on the attenuation for business “, – says Nikolaev.
The fact that the majority of Russians” crackdown “Business welcomes .
«It’s like the electorate. Most would say, “It’s time to send a prosecutor to stores, so they deserve, speculators.” And we have elections in 2016 and in 2018 – says Igor Nikolaev. – And then, it’s easier. Provide freedom – yes, it’s a textbook like should once worked. But everything is so uncertain. Easier to operate as usual. Presidential advisers have voiced various restrictive measures. ” Thus, the Russian presidential adviser Sergei Glazyev yet in 2014 urged the central bank to fix the exchange rate and hold on “reasonable level” over the next few years.
The climb in the ranking of economic freedom Russia traditionally prevents inertia of thinking, confident CEO Hay Group in Russia Derk Koole. “In Russia, the state and the majority of companies still rely more on control than on trust. There is a fear that if employees do not give the right job is not hard to define performance criteria and do not constantly monitor the performance of work, people will not do anything or will not do that and it would damage the business or even society as a whole “, – says Koole.
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