IDEAS home Printed from https://ideas.repec.org/a/taf/ufajxx/v53y1997i4p86-93.html
   My bibliography  Save this article

Russia's True Economy: More Inviting to Investors

Author

Listed:
  • Lee Shama
  • Avraham Shama

Abstract

Financial analysts' opinions about investing in Russia are often based on incomplete and misleading official Russian data and on observations made during short trips to Russia. In Russia, what you see is not what you get. This study provides an assessment of Russia's true economy and its attractiveness to foreign investment. Based on personal interviews with Russian managers and with experts working in Russia, investing in that country appears to be potentially twice as lucrative as previously thought. Russia's true economy may be twice as large as officially reported, because private-sector companies, which constitute more than half of Russia's economy, do not report 90 percent of their revenues and profits. Investors and mutual fund managers must find unconventional ways to interpret Russian data and supplement that information with additional primary research.

Suggested Citation

  • Lee Shama & Avraham Shama, 1997. "Russia's True Economy: More Inviting to Investors," Financial Analysts Journal, Taylor & Francis Journals, vol. 53(4), pages 86-93, July.
    • Handle: RePEc:taf:ufajxx:v:53:y:1997:i:4:p:86-93
    DOI: 10.2469/faj.v53.n4.2104
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.2469/faj.v53.n4.2104
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.2469/faj.v53.n4.2104?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:ufajxx:v:53:y:1997:i:4:p:86-93. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/ufaj20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.