Foreign Direct Investment in Russia: A Strategy for Industrial Recovery

by P. Fischer

Overview

Russia's post-reform crisis can be alleviated. The country has the market, the abundant natural resources and the human skills that foreign investors seek. What it needs is policies that enhance FDI inflows. Policy-makers can learn from the other large emerging markets like China, India, and Mexico, where FDI has revitalized the economy.

Product Details

ISBN-13:	9781349416585
Publisher:	Palgrave Macmillan UK
Publication date:	01/01/2000
Series:	Strategy for Industrial Recovery
Edition description:	1st ed. 2000
Pages:	610
Product dimensions:	5.51(w) x 8.50(h) x (d)

About the Author

PAUL FISCHER is an economist who since 1993 has been advising Russian authorities on private-sector development and foreign investment on behalf of the European Commission (TACIS) and the Ministry of Economic Co-operation and Development of the Federal Republic of Germany. He has carried out several consulting assignments for private corporations from the EU, which pursue strategic business interests in Russia.

Table of Contents

List of Figures List of Tables List of Boxes List of Maps Foreword Preface A Word from the Author List of Acronyms INTRODUCTION: BACKGROUND AND RATIONALE OF THE STUDY PART I: FDI THEORIES AND POLICY IMPLICATIONS Overview of Main FDI Theories PART II: GLOBAL FDI POTENTIAL AND OPPORTUNITIES FOR THE RUSSIAN ECONOMY Determinants of Global FDI Global FDI Trends TNCs as Global Investors PART III: FDI AS THE CATALYST FOR INDUSTRIAL TRANSFORMATION IN SELECTED LARGE EMERGING MARKETS FDI Policies and Prospects in China FDI Policies and Prospects in India FDI Policies and Prospects in Mexico PART IV: RUSSIA'S KEY INDUSTRIES AND FDI ACHIEVEMENTS IN THE 1990s Russia's Economic and Industrial Performance during Transition Salient Features of FDI in Russia PART V: TOWARDS A LONG-TERM FDI STRATEGY FOR RUSSIA Strategic State Guidance for FDI Russia and its Competitor LEMs The Competitiveness of Russian Industry at the Threshold of the Twenty-first Century FDI Sourcing Potential in the World's Leading Economies Strategic Target Setting for Russian FDI during 2000-2005 PART VI: POLICY INSTRUMENTS FOR ENHANCING FDI DURING 2000-2005 Framework Conditions for Foreign Investors FDI-Related Policy Instruments Institution Building and FDI Agenda Appendix: Definitions and Explanatory Notes Bibliography and Selected Reading 1 Books and studies 2 Official publications Index

Editorial Reviews

Fischer, an economist who advises Russian economist ministers on behalf of the German government, presents a thorough study aimed at policy-makers, academics, and donor countries who, in his words, "are slowly understanding that the only sustainable solution for overcoming Russia's persistent crisis hinges on industrial recovery. For this, Russia's manufacturing sector needs substantial capital and investments...." He discusses FDI theories and policy implications, global FDI potential and opportunities for the Russian economy, FDI as the catalyst for industrial transformation in China, India, and Mexico; Russia's key industries in the 1990s; and both long-term and short term FDI strategies for Russia. Annotation c. Book News, Inc., Portland, OR (booknews.com)

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