What places does Moscow take in Russian city rankings
In recent years, Moscow has taken a worthy place in many authoritative international rankings, proving its competitiveness with the world's leading megacities. An equally important indicator of development is the Russian rankings, which compare Russian regions with each other in various parameters, such as investment attractiveness, level of digitalization, effectiveness of tax policy, and so on. They allow to see the strengths and weaknesses of management activities in various regions of the Russian Federation and contribute to the dissemination of the best regional practices.
Investment potential and risks
Moscow holds a leading position in the national rankings of investment attractiveness, being the financial and political center of the country with a high potential for infrastructure development, the Moscow Analytical Center notes. In the National Rating of the Investment Climate of the Agency for Strategic Initiatives (ASI), which assesses investment potential and risks in 85 regions of Russia, Moscow has gone from 13th place in 2015 to first in 2019, consolidating its success in 2020.
"The main factors, due to which Moscow occupies high positions in the ranking, are the developed legal framework that provides support and protection for investors, high-quality registration procedures for legal entities, an increase in the number of small businesses, improvement of the infrastructure base and the development of transport infrastructure. In the latest edition of the ranking, experts ASI separately noted the packages of measures to support the capital's business adopted in the pandemic, including programs and subsidies for small businesses", said Vladimir Yefimov, Deputy Mayor of Moscow for Economic Policy and Property and Land Relations.
For the last five years Moscow has been ranked first in terms of investment potential in the ranking of investment attractiveness of Russian regions by the Expert RA rating agency (RAEX). RAEX experts comprehensively assess Moscow as a region with maximum investment potential and minimal risks.
Digitalization and quality of life
Over the past years, Moscow has been a model in terms of the development of digitalization, which is recognized both in the Russian Federation and at the international level, the Moscow Analytical Center Moscow notes. In two issues of the Index of Digitalization of Urban Economy in Russian Cities - “IQ of Cities” of the Ministry of Construction, Housing and Utilities of the Russian Federation and Moscow State University for 2018 and 2019 - Moscow took first place, ahead of Yekaterinburg and Kazan. The ranking assesses the implementation of digital solutions in 10 areas: urban management, housing and communal services, urban environment, transport, safety, tourism, ecology and others. Moscow's achievements in this area are also confirmed by the Ranking of the quality of the provision of public services in electronic form in the constituent entities of the Russian Federation of the Ministry of Economic Development of Russia, in which Moscow has risen from 6th place in 2016 to the first in 2020. Economic achievements provide Moscow with a high level of quality of life. In the ranking of the Financial University under the Government of the Russian Federation, Moscow has risen from 8th place in 2017 to first in 2020.
“Moscow was recognized as the city with the highest demand for cultural values, the highest level of consumption and material well-being, the best quality of medical services and the smallest share of “destructive” behavior of the population - domestic violence and domestic injuries, as well as dangerous driving, causing increased deaths on the roads”, notes the Minister of the Moscow Government, Head of the Department of Investment Policy and City Development Kirill Purtov.
In the ranking of Russian cities in terms of the quality of life “The best regions for life”, which is made by RBK, Moscow managed to get the maximum score in the following categories: “fixed assets of the social sphere”, “retail turnover per capita” and “the ratio of bank deposits per capita to average wages”. Nevertheless, according to a comprehensive assessment, the capital ceded its leadership to St. Petersburg. Experts noted that Moscow still lags far behind other cities in terms of the ratio of the total area of the housing stock to the population and the ratio of the average salary and the cost of one square meter of housing.