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Policy Analysis of Foreign Direct Investment into the Russian Federation: A Study of the Current State of Affairs and Prospects for the Future

Author

Listed:
  • Stern, Richard E.

    (European II Department, International Monetary Fund)

Abstract

This study examines the role of foreign direct investment (FDI) in enabling Russia to grow and prosper economically. The study focuses on Russia's policy towards FDI, assessing how well it has worked through analysis of the data, and how it may be strengthened. The paper considers the roles and functions of FDI in a comparative perspective with other emerging economies, in Russian/Soviet history, and in the Russian Federation. The strategic factors affecting the level of FDI are then discussed, including Russia's policy toward FDI, the policy's operational problems, and the steps being taken to overcome those problems. The study concludes by recommending actions that could increase the flow of FDI to Russia.

Suggested Citation

  • Stern, Richard E., 1996. "Policy Analysis of Foreign Direct Investment into the Russian Federation: A Study of the Current State of Affairs and Prospects for the Future," East European Series 34, Institute for Advanced Studies.
    • Handle: RePEc:ihs:ihsrop:34
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    Download full text from publisher

    File URL: http://www.ihs.ac.at/publications/eco/east/ro-34.pdf
    File Function: First version, 1996
    Download Restriction: no
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    Citations

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    Cited by:

    1. Huber, Peter & Wörgötter, Andreas, 1998. "Political Survival or Entrepreneurial Development? Observations on Russian Business Networks," MPRA Paper 20412, University Library of Munich, Germany.
    2. Stern, Richard E., 1997. "Economic Transition Phase II: Private Sector Development," East European Series 51, Institute for Advanced Studies.

    More about this item

    Keywords

    Foreign Investment; Foreign Direct Investment; Trade; Russia; Capital Flows;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration

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