The list of the most relevant administrative barriers preventing from investment and business activity in St. Petersburg, requiring simplification or minimization was defined within the research framework. An assessment of the identified barriers and their negative impact on the economic development of St. Petersburg concerning labor intensive, time- and capital-intensive factors was carried out. The impact of administrative barriers on economic growth in various economy sectors was analyzed.
The research revealed the most problematic administrative procedures in terms of economic entities. Based on the report, a list of the most pressing administrative barriers influencing negatively on the economic development of the city was compiled. These tendencies were revealed both currently and for the future based on St. Petersburg socio-economic development concept.
The analysis of procedures and the respondents’ suggestions reducing administrative barriers shall form the basis of optimizing these procedures including the following steps:
- Documentation of existing procedures.
- Review of procedures and elaboration of proposals for their optimization.
- Planning of new administrative procedures.
- Development of procedure regulation documents.
The proposals for optimizing procedures were discussed and the concept of new procedure versions was adopted by the St. Petersburg Administration structural units participating in investment administrative procedure implementation. The practical recommendations for reducing and optimizing the administrative barriers and procedures were developed.
The practical recommendations including specific measures for minimizing administrative barriers were developed and the drafts of legal acts in St. Petersburg were proposed. Also, a comparative analysis of the situation in St. Petersburg with the most successful examples of the administrative barrier reduction in other Russian Regions, as well as in some other countries was carried out.
However, the conclusion can be drawn on the project results that the development of an attractive investment climate is largely hampered by inadequate and contradictory legislative and regulatory framework.
The materials prepared within the framework of this project are one of the stages in the set of measures required for reducing the restrictions and increasing the efficiency of the Administration’s activity in minimizing administrative barriers and improving the St. Petersburg investment climate.
The Report on Phase 1: "Analysis of Administrative Barrier Current State”...
The Report on Phase 2: "Practical Recommendations and Proposals for improving the Regulatory and Legal Framework. Comparative Analysis of St. Petersburg situation with most successful examples of reducing administrative barriers in other Federal Subjects of the Russian Federation and in some other countries"...