Download Free Foreign Investment In Russia And The Other Soviet Successor States Book in PDF and EPUB Free Download. You can read online Foreign Investment In Russia And The Other Soviet Successor States and write the review.

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.
This volume analyzes the extent to which Russia and the other Soviet successor states are likely to attract inward foreign direct investment. It examines the investment strategy of multinationals in six successor states: the Russian Federation; Ukraine; Ka
The relationship between the Russian Federation and the 14 non-Russian successor states is unequal, with Russia the dominant power. This power imbalance is a hold-over from the Soviet era in which the RSFSR was first among equals. Empires, like the Soviet one, are specific types of political systems that differed from modern states. The centralized, multi-ethnic and non-democratic character of empires explains the continued dominance of the Russian Federation. It also explains the absence of alternative economic arrangements and political contacts between the former republics. The Soviet system was structured so as to establish Russian control over non-Russian republics. The political structure was centralized so that all decisions, including investment, production, and distribution decisions were made in Moscow. Economic planning dictated a complex network of production and distribution that rendered the former republics dependent on Russia in a variety of ways. Soviet patterns of government administration and economic management are still evident in all the former republics. Continued dependency on Russia has compromised the state-building efforts of the former republics. Political rhetoric trumpeting new foreign investment, the expansion of diplomatic relations, the signing of trade agreements, and the imminent entrance into international organizations masks the fact that none of these new contacts have been able to replace the old Soviet production and distribution networks. Scholars and students involved with comparative politics and Russian (post-Communist) Studies will find the work of particular value.
'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.