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New Trends Regarding OFDI From Russia

Author

Listed:
  • Imola Drigă

    (University of Petroșani, Romania)

  • Codruța Dura

    (University of Petroșani, Romania)

Abstract

Among emerging economies, the Russian Federation is the second largest outward investor, surpassed only by China, but ahead of Brazil, India and South Africa. Alongside other multinationals from BRICS countries, TNCs from Russia started to emerge in the international rankings of global companies. The propose of the paper is to present the importance of developing and transition economies as investors, to provide background information and new trends of OFDI from BRICS countries, pointing out the outward expansion of Russian multinational corporations in recent years. The paper basically investigates the main patterns of Russian outward foreign direct investment (OFDI), including its dynamics and geographical destinations.

Suggested Citation

  • Imola Drigă & Codruța Dura, 2013. "New Trends Regarding OFDI From Russia," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 13(2), pages 41-50.
    • Handle: RePEc:pet:annals:v:13:y:2013:i:2:p:41-50
    as

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    References listed on IDEAS

    as
    1. Imola DRIGÃ & Codruþa DURA, 2013. "Restoring the Economic Power of Russia through OFDI Expansion," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 16(2), pages 227-241, December.
    2. Milelli, Christian & Le Goff, Joëlle, 2012. "European inroads by BRICs’ firms:The M&A avenue," MPRA Paper 39865, University Library of Munich, Germany.
    3. Gabor Hunya, 2012. "The Role of Multinational Companies in International Business Integration," wiiw Research Reports 384, The Vienna Institute for International Economic Studies, wiiw.
    4. Mr. Ali J Al-Sadiq, 2013. "Outward Foreign Direct Investment and Domestic Investment: The Case of Developing Countries," IMF Working Papers 2013/052, International Monetary Fund.
    5. Kalotay, Kalman & Sulstarova, Astrit, 2010. "Modelling Russian outward FDI," Journal of International Management, Elsevier, vol. 16(2), pages 131-142, June.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    FDI; outward FDI; BRICS countries; Russian TNCs;
    All these keywords.

    JEL classification:

    • F20 - International Economics - - International Factor Movements and International Business - - - General
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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