What’s Next for Russia’s Economic Future and Global Role?
President of the World Bank, Jim Yong Kim, discusses Russia's economy and it's global role. The collaboration between Russian experts and international partners brought the tuberculosis epidemic in Tomsk under control. Local successes like in Tomsk can be scaled up to become part of a global solution. Continuous learning is at the heart of these solutions. Russia is known worldwide for its educational system, for pushing the boundaries of science, and for applying what we call the “science of delivery” to many issues. What is next for Russia’s Economic Future? What is the strategy for replacing oil and gas that currently account for two-thirds of the country’s exports? Russia needs to diversify to an innovation-based economy. There are signs of success in Russia’s regions. The Bank’s 20-year collaboration with Russia’s regions shows that our partnership has evolved over time into a strong engagement. The Bank needs Russia as a global development partner.