Regional Patterns of Foreign Investment in Russia

Regional Patterns of Foreign Investment in Russia PDF Author: Michael J. Bradshaw
Publisher:
ISBN:
Category : Finance
Languages : en
Pages : 68

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Book Description

Regional Patterns of Foreign Investment in Russia

Regional Patterns of Foreign Investment in Russia PDF Author: Michael J. Bradshaw
Publisher:
ISBN:
Category : Finance
Languages : en
Pages : 68

Get Book Here

Book Description


Regional Patterns of Foreign Investment in Russia

Regional Patterns of Foreign Investment in Russia PDF Author: Michael J. Bradshaw (géographe).)
Publisher:
ISBN:
Category :
Languages : en
Pages : 48

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Book Description


Where Has All the Foreign Investment Gone in Russia?

Where Has All the Foreign Investment Gone in Russia? PDF Author: Harry G. Broadman
Publisher: World Bank Publications
ISBN:
Category : Inversion extranjera directa - Rusia
Languages : en
Pages : 34

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Book Description
Since its transition to a market economy began, Russia has not attracted much foreign direct investment (FDI). Inflows of FDI into Russia are much lower than those into other transition countries in the region, adjusted for population size and similar measures. Clearly, if Russia is to grow it must increase the level of FDI inflows, which is why a good deal of policy attention has focused on the problem. Equally important for achieving sustainable growth in such a large, heterogeneous economy is learning how to make the spatial distribution of FDI within Russia more even. Inflows are strikingly skewed. Close to 60 percent of FDI goes to four regions in te western part of the country--Moscow City, Moscow oblast, St. Petersburg, and Leningrad oblast--which account for only 22 percent of Russia's gross national product and only 13 percent of Russia's population. Only two of the other 85 regions account for more than 2.5 percent of the country's FDI and most account for much less. Surprisingly, neither policymakers nor observers and analysts have paid much attention to diagnosing the reason for this imbalance in FDI's distribution. The authors try to empirically unbundle the determinants of FDI's regional distribution within Russia. They find that faactors associated with market size, infrastructure development, and the policy environment seem to explain much of the observed variation in FDI flows to regions in Russia. Moreover, the explanatory power of the model that best explains cross-regional variation in FDI flows from 1995 to 1998 changes significantly after the 1998 default and ruble devaluation--suggesting the possibility of a "structural change" in the determination of FDI after the 1998 crisis.

The Regional Distribution of Foreign Investment in Russia

The Regional Distribution of Foreign Investment in Russia PDF Author: Gonchar Ksenia
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
This article conducts a plant-level study of the factors affecting foreign direct investment (FDI) inflow to a large opening economy endowed with specific factor advantages. We conclude that the distribution of FDI in Russian regions depends on market access and can be most notably described by the knowledge-capital framework. Factor endowments built by natural resources are more successful in explaining the location decisions of export-platform affiliates. The impact of natural resources depends on how the availability of these resources is measured. The results reject the crowding out effects of resource FDI and prove co-location mode, when service investments are attracted to resource-rich regions. Labour cost advantages better explain the preferences of non-trading service affiliates.

Where Has All the Foreign Investment Gone in Russia?

Where Has All the Foreign Investment Gone in Russia? PDF Author: Harry G. Broadman
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
Not only does Russia have a poor record of attracting foreign direct investment (FDI) since the advent of reform in the early 1990s, but well over half of the investment it does attract goes to four regions in the western part of the country. Overcoming this skewed distribution of FDI - undoubtedly a factor in the country's uneven regional economic development - is essential for furthering Russia's growth and transition to a market economy. Factors associated with market size, infrastructure development, and the policy environment seem to explain much of the observed variation in FDI flows to regions in Russia. Since its transition to a market economy began, Russia has not attracted much foreign direct investment (FDI). Inflows of FDI into Russia are much lower than those into other transition countries in the region, adjusted for population size and similar measures. Clearly, if Russia is to grow it must increase the level of FDI inflows, which is why a good deal of policy attention has focused on the problem. Equally important for achieving sustainable growth in such a large, heterogeneous economy is learning how to make the spatial distribution of FDI within Russia more even. Inflows are strikingly skewed. Close to 60 percent of FDI goes to four regions in the western part of the country - Moscow City, Moscow oblast, St. Petersburg, and Leningrad oblast - which account for only 22 percent of Russia's gross national product and only 13 percent of Russia's population. Only two of the other 85 regions account for more than 2.5 percent of the country's FDI and most account for much less. Surprisingly, neither policymakers nor observers and analysts have paid much attention to diagnosing the reason for this imbalance in FDI's distribution. Broadman and Recanatini try to empirically unbundle the determinants of FDI's regional distribution within Russia. They find that factors associated with market size, infrastructure development, and the policy environment seem to explain much of the observed variation in FDI flows to regions in Russia. Moreover, the explanatory power of the model that best explains cross-regional variation in FDI flows from 1995 to 1998 changes significantly after the 1998 default and ruble devaluation - suggesting the possibility of a "structural change" in the determinants of FDI after the 1998 crisis. This paper - a product of the Poverty Reduction and Economic Management Sector Unit, Europe and Central Asia Region - is part of a larger effort in the region to study structural reforms in the Russian Federation.

Foreign Investment in Russia and the Other Soviet Successor States

Foreign Investment in Russia and the Other Soviet Successor States PDF Author: Yuri Adjubei
Publisher: Springer
ISBN: 1349248924
Category : Business & Economics
Languages : en
Pages : 294

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Book Description
This volume identifies and analyses the extent to which Russia and the other Soviet successor states are likely to attract inward foreign direct investment (FDI) to the turn of the century and beyond. Although these countries have been growing recipients of FDI, Western multinationals remain cautious, and have to date been slow to commit large investment sums. The book binds together the current theoretical knowledge of foreign capital and technology transfers to Eastern Europe with a close examination of the investment strategy of multinationals in six successor states, namely the Russian Federation, Ukraine, Kazakhstan, Estonia, Latvia and Lithuania. The book assembles a group of internationally respected contributors, who have made a distinct contribution to our understanding of multinationals operating in the area.

Foreign Direct Investment and Regional Development in East Central Europe and the Former Soviet Union

Foreign Direct Investment and Regional Development in East Central Europe and the Former Soviet Union PDF Author: David Turnock
Publisher: Routledge
ISBN: 1351158104
Category : Science
Languages : en
Pages : 393

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Book Description
With the achievement of further EU and NATO enlargement, a critical political and economic lens is now focused on East Central Europe and, to a lesser extent, the other former communist states. Economic growth in each transition state - and more broadly the region - pivots around the prospects for foreign direct investment (FDI), with decisions on where foreign investors will locate their projects now vitally important. This book - the first one devoted to a geographical survey concentrating specifically on FDI in the region - brings together a wide range of prominent authors from the US and Europe, including the late Frank Carter, to provide a timely and critical examination of the importance of foreign investment. It presents a detailed analysis of location patterns and their significance for regional development, with particular emphasis given to the important socioeconomic and political consequences of uneven distribution of FDI across the region and its constituent countries. Divided into two parts, the book first deals with general overarching themes and issues before applying these to more specific country case studies. The second part deals with regional studies, focusing broadly on the Western Balkans and Bulgaria, before looking at specific economic sectors in individual countries.

Foreign Investment in Contemporary Russia

Foreign Investment in Contemporary Russia PDF 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.

Improving Russia's Policy on Foreign Direct Investment

Improving Russia's Policy on Foreign Direct Investment PDF 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?

The Russian Economy and Foreign Direct Investment

The Russian Economy and Foreign Direct Investment PDF 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.