International Joint Ventures: Soviet and Western Perspectives

by Alan B. Sherr (Editor), Ivan Korolev (Editor), Igor Faminsky (Editor), Tatyana M. Artemova (Editor), Evgeniya L. Yakovleva (Editor)

Overview

An extremely timely contribution to the business and economic literature, this is a comprehensive study of the principal issues surrounding the negotiation and operation of joint ventures in the Soviet Union. The contributors include both Soviet and Western trade experts and economists, making this the most complete and balanced treatment of the subject available to date. Their aim is to combine a strong theoretical base with practical analysis of the problems that Soviet and Western business people have encountered in the Soviet economic environment. To that end, the study maintains a historical perspective but places primary emphasis on presenting realistic visions of present and future policy directions in this area.

Divided into five parts, the volume begins by focusing on the motivations for Western businesses to invest in the Soviet Union and the steps that Soviet officials and managers can take to help satisfy and strengthen these motivations. Part II examines the lessons that can be drawn from joint venture experiences in Eastern Europe and China. In the third section, Soviet and Western contributors explore the painful process of economic reform in the Soviet Union and its implications for Western trade and investment. Specific attention is given to the legal framework within which Western firms would be required to operate. The contributors next examine the practical problems encountered by joint ventures in the Soviet Union, drawing upon both the latest data from Soviet central government and their own extensive questionnaire mailing. Finally, the authors provide recommendations on how the Western and Soviet governments and business communities can structure their approaches to optimize the chances for successful joint ventures. Students of international business as well as executives and managers involved in planning joint ventures in the USSR will find this book an indispensable resource.

Product Details

ISBN-13:	9780899306063
Publisher:	Bloomsbury Academic
Publication date:	09/30/1991
Pages:	368
Product dimensions:	6.00(w) x 9.00(h) x 0.94(d)
Lexile:	1590L (what's this?)

About the Author

ALAN B. SHERR is Associate Director of the Center for Foreign Policy Development at Brown University.

IVAN KOROLEV is Deputy Director of the Institute for World Economy and International Relations of the USSR Academy of Sciences.

IGOR FAMINSKY is Director of the All-Union Research Institute for Foreign Economic Relations of the State Foreign Economics Commission of the USSR Council of Ministers.

TATYANA M. ARTEMOVA is Leading Research Fellow at the All-Union Research Institute for Foreign Economic Relations, State Foreign Economics Commission of the USSR Council of Ministers.

EVGENIYA L. YAKOVLEVA is Senior Research Fellow at the Institute for World Economy and International Relations of the USSR Academy of Sciences.

Table of Contents

Preface
Creating Favorable Conditions for Western-Soviet Economic Cooperation
Risk and Returban in U.S.-Soviet Joint Ventures by Eric A. Stubbs
Conditions for Creating a Favorable Investment Climate in the Soviet Union by Vladimir V. Ranenko and Evgeniya L. Yakovleva
Soviet Technology and the Potential of Joint Ventures by Julian Cooper
Joint Ventures in East-West Relations
Capitalist Investment in Socialist Countries by Lyudmila A. Rodina
Internationalization of the Soviet and Other Socialist Economies: Lessons from the Chinese Experience by John Morton
Western Investment and Trade in the USSR: Analysis and Prospects
Economic Activity in the Soviet Union and Restructuring of Foreign Economic Activity by Igor G. Doronin
Soviet Priorities in the Development of Joint Ventures by Vyacheslav O. Maslov
The Internationalization of the Soviet Economy by Philip Hanson
Legal Aspects of Establishing Joint Ventures in the Soviet Union by Natalya L. Platonova
New Soviet Laws on Property and Land Ownership and Their Approach to the Issues of Joint Ventures by Natalya G. Semilutina
The Legal Foundations of Soviet Joint Ventures: A Comment and Critique by William E. Butler
The Status of Joint Business Ventures in the Soviet Union by Zinoviy M. Eventov
Joint Ventures in the USSR: Practical Problems
General Trends in the Development of Joint Enterprises in the Soviet Union: A View through the Lens of Survey Research by Tatyana M. Artemova and Alan B. Sherr
Problems of Formation and Function of Joint Ventures by Tatyana M. Artemova
The Human Factor: Management and Personnel Issues in East-West Joint Ventures by Noah E. Gotbaum
Joint Ventures in Banking by Lyudmila S. Khudyakova
Financing of Western Trade and Investment in the Soviet Union by Jan H. Kalicki
Conclusions and Recommendations
The Future of Joint Ventures in the Soviet Union by Vladimir V. Ranenko
Looking to the Future: Western Policy and Business Options by Alan B. Sherr
Appendix: List of U.S.-Soviet Joint Ventures Registered with the USSR Ministry of Finance
Index