Author: Joel Bergsman
Publisher:
ISBN:
Category : Acuerdos comerciales - Rusia
Languages : en
Pages : 28
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Book Description
Russia gets relatively little foreign direct investment and almost none of the newer more efficient kind, involving state-of-the-art technology and world-class competitive production linked to dynamic global or regional markets. Why? And what should be done about it?
Author: Joel Bergsman
Publisher:
ISBN:
Category :
Languages : en
Pages : 24
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Book Description
All countries - developing and developed alike - find it difficult to stay competitive without inflows of foreign direct investment (FDI). FDI brings to host countries not only capital, productive facilities, and technology transfers, but also employment, new job skills and management expertise. These ingredients are particularly important in the case of Russia today, where the pressure for firms to compete with each other remains low. With blunted incentives to become efficient, due to inter-regional barriers to trade, weak exercise of creditor rights and administrative barriers to new entrants - including foreign invested firms - Russian enterprises are still in the early stages of restructuring. This paper argues that the policy regime governing FDI in the Russian Federation is still characterized by quot;oldquot; paradigm of FDI, established before the Second World War and seen all over the world during the 1950s and 1960s. Indeed, Russia is host to relatively little quot;newquot; paradigm FDI-investments characterized by state-of-the-art technology and world-class competitive production linked to dynamic global (or regional) markets. The paper suggests specific policy recommendations: (i) amend the newly enacted FDI law so as to give quot;national treatmentquot; for both right of establishment and for post-establishment operations; abolish conditions that are inconsistent with the agreement on trade-related investment measures (TRIMs) of the WTO (such as local content restrictions); and make investor-State dispute resolution mechanisms more efficient, including giving foreign investors the opportunity to seek neutral, binding international arbitration; (ii) strengthen enforcement of property rights to improve corporate governance incentives; (iii) simplify foreign investor registration procedures and make them rules-based and transparent; and (iv) extend guarantee schemes covering basic non-commercial risks.
Author: P. Fischer
Publisher: Springer
ISBN: 0333977599
Category : Business & Economics
Languages : en
Pages : 604
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Book Description
Russia's post-reform crisis can be alleviated. The country has the market, the abundant natural resources and the human skills that foreign investors seek. What it needs is policies that enhance FDI inflows. Policy-makers can learn from the other large emerging markets like China, India, and Mexico, where FDI has revitalized the economy.
Author: Jesper Jensen
Publisher: World Bank Publications
ISBN:
Category : Free trade
Languages : en
Pages : 58
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Book Description
The authors estimate that Russia will gain about 7.2 percent of the value of Russian consumption in the medium run from WTO accession and up to 24 percent in the long run. They estimate that the largest gains to Russia will derive from liberalization of barriers against multinational service providers. Piecemeal and systematic sensitivity analysis shows that their results are robust."--Abstract.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264025936
Category :
Languages : en
Pages : 115
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Book Description
This 2006 Investment Policy Review of the Russian Federation examines developments in Russia's regulatory investment environment since the publication of the 2004 Review, focusing on investment policy transparency and effective implementation.
Author: Richard E. Stern
Publisher:
ISBN:
Category : Business enterprises, Foreign
Languages : en
Pages : 76
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Book Description
Author: A. Kuznetsov
Publisher: Springer
ISBN: 0230379281
Category : Business & Economics
Languages : en
Pages : 203
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Book Description
'Dr Kuznetsov's analysis is insightful and important. His practical good judgement and interdisciplinary analysis is original and refreshing in an area stalemated by outdated orthodoxies. Any merchant banker thinking of investing in Russia should read this book. Boris Yeltsin's advisers, and the IMF, certainly should do so.' Stuart Holland As foreign capital is of particular importance for the delicate process of opening up the ex-Soviet economy, this volume focuses on the investment climate in modern Russia. It examines a wide range of experiences that the country has had during the early stage of economic reform. Most attention is given to revealing the trends lying behind the dynamics of political and policy risks facing foreign investment. Specifically, the duality of the government economic policy and the consequences of economic nationalism and regionalism are considered.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264192573
Category :
Languages : en
Pages : 194
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Book Description
This publication provides a timely analysis of the evolving environment for foreign investment in the Russian Federation and draws attention to problem areas affecting the investment climate such as inadequate protection of investors' contractual and property rights.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264018514
Category :
Languages : en
Pages : 110
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Book Description
The 2004 Investment Policy Review of the Russian Federation evaluates the progress made since the publication of OECD's 2001 study on this topic.
Author: Kari Liuhto
Publisher: Taylor & Francis
ISBN: 1317309049
Category : Business & Economics
Languages : en
Pages : 297
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Book Description
Before the recent Ukrainian crisis, Russia was one of the main sources of foreign direct investment (FDI) outflow and one of the main targets of FDI inflow in the world. However, the events in the Ukraine, the formation of the Eurasian Economic Union, and China’s growing interest in the Russian market and its natural resources have changed the picture completely. This new book brings together an international group of contributors to present a timely and comprehensive analysis of FDI to and from Russia. The book assesses the impact of the changed international political situation on foreign firms operating in Russia, and explores how the new world context has affected Russian investments abroad. The book also considers the future relationship between Russian corporations and the EU and the USA in light of recent events. This book answers an array of key questions including: how have investments from and to Russia developed in the last 100 years; how are Russian businesses spreading to foreign countries through their indirect investments; and how is the Russian Government influencing the investments of Russian businesses abroad? This volume is of great interest to those who study international economics, modern world economy, and FDI, as well as those interested in international investment movements and the changing role of Russia in international business and the global economy.
