Collection of best regional practices

The National Rating Agency (NRA) has published its seventh annual rating of investment attractiveness of Russia’s regions. The rating includes all 85 regions of the Russian Federation.

The February issue of Open to the World, a special edition (digest) of the Russian Convention Bureau, tells the readers about main features of event industry development in Russian regions. The authors of the digest note that Russian regions have made great progress which is helpful in attracting major international business events to the country.

This roadmap is based on the Growth Strategy — a mid-term program of socio-economic development of Russia. The Strategy stipulates a shift of focus of Russia’s economic policy from macroeconomic stabilization to an active stimulation of socio-economic growth and a modernization of the country’s economy.

The credit rating agency Expert RA has studied the economic health of Russian regions, describing the factors that have had either a positive or a negative effect. The analysts note an upward trend, emphasizing that the trend continues in 2019 for high-performing and low-performing regions alike.