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Institution-building and FDI Agenda

In: Foreign Direct Investment in Russia

Author

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  • Paul Fischer

Abstract

A federal FDI agency holds a central position in FDI promotion and advice, both at enterprise and government levels. A long-term, systematic approach tofDI enhancement demands a powerful institution which is exclusively responsible for policy initiation and implementation, coordination and supervision of all matters concerning FDI. Investment approvals of strategic projects and advisory functions related to them should also be centralized within the agency.1 Competitor LEMs have instituted such agencies to handle these crucial and sensitive issues.2 The move has to a large extent gained trust and confidence among investors.

Suggested Citation

  • Paul Fischer, 2000. "Institution-building and FDI Agenda," Palgrave Macmillan Books, in: Foreign Direct Investment in Russia, chapter 17, pages 534-548, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-333-97759-0_18
    DOI: 10.1057/9780333977590_18
    as

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