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Costs incurred for upgrades and enhancements that will not result in additional functionality are expensed as incurred. Reducing the role of the state in the economy and WTO membership should be viewed as opportunities to strengthen competition, and hence provide incentives for productivity improvements, which are urgently required to ensure stronger growth in Russia because of a shrinking labour force. The GCI takes the stages of development into account by attributing higher relative weights to those pillars that are more relevant for an economy given its particular stage of development.

Pages: 364

Publisher: Wiley; 1 edition (June 21, 1990)

ISBN: 0471926558

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