Table: What's on the Table

Small steps, big resistance

Land

Done deal, but modest. Russian Duma is expected within weeks to enact a bill permitting ownership of commercial and residential land. More controversial agricultural land reform put off until yearend.

Cutting Red Tape

Quite likely. Duma is expected this spring to approve a bill reducing the number of licenses businesses must obtain to operate and time it takes to get them.

Judicial

Maybe. Putin aims to shift power to order arrests from prosecutors to judges, but prosecutors are objecting.

Monopolies

Baby steps only. Putin is unlikely to risk his popularity by allowing prices of electricity and gas to rise as part of a restructuring package.

WTO

Slow going. Domestic operators are objecting to opening up protected markets in financial services and agriculture.

Banking

Hopeless. Vested interests, including Russian central bank, opposed to big changes.

Data: BusinessWeek

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