Economic Rebalancing and Service Delivery Efficiency

Russia may benefit from rebalancing its policy strategy in two different dimensions 1. Rebalancing the role of the private vs. public sectors in driving economic activity, productivity growth and job creation, by leveling the playing field 2. Rebalancing the responsibilities and accountability for service delivery between central and regional governments, by strengthening local governance and improving effectiveness This would need to be done while rationalizing and continuing to provide targeted social insurance and safety net support to the most vulnerable, the elderly and those unable to work THE WORLD BANK IBRD IDA WORLD BANK GROUP 11

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