The Russian federation has risen 30 positions in the international rating “Doing Business-2015”, by taking the 62nd place
The Russian Federation has improved its positions and went up from 92nd to 62nd place in the international rating “Doing Business-2015”. On the ease of doing business the country occupies place between Greece (61 place) and Moldova (63 place). Overall, Russia has improved conditions of doing business in three indicators out of 10 analyzed in the research; at the same time the research results proved to be the best for the country through the whole history of studies. Of all the criteria by which to judge the economy, the things with the enforcement of contracts in Russia is going best. This indicator reflects the effectiveness of coercive measures to comply with the terms of contracts. According to this criterion, the country ranks 14th in the world. For example, in Russia commercial disputes proceedings in court take an average of 270 days, which is much faster than in many developed countries, considering that the number of required procedures (36) and litigation costs (13.4% of claim) are also significantly lower than the world average indicators.