Corruption in Russia

12-03-2014

Corruption in Russia is deeply entrenched and permeates all levels of Russian society. It causes significant financial loss to the Russian economy in terms of gross domestic product and considerably lowers the country's attractiveness as a foreign direct investment destination. Despite a recent positive trend Russia continues to lag far behind its G8 and G20 peers in the rankings.

Corruption in Russia is deeply entrenched and permeates all levels of Russian society. It causes significant financial loss to the Russian economy in terms of gross domestic product and considerably lowers the country's attractiveness as a foreign direct investment destination. Despite a recent positive trend Russia continues to lag far behind its G8 and G20 peers in the rankings.