By International Lawyer, Robert Amsterdam
I came across this interesting 43-page paper prepared by the Finnish academic Kari Liuhto for the Pan-European Institute of the Turku School of Economics which examines the development of Russia’s policy for strategic resources and outlines the changing role for foreign participation.
Here is the introduction:
A Future Role of Foreign Firms in Russia’s Strategic Industries – Introduction
by Kari Liuhto
The Russian economy has expanded with exceptional speed during the past eight years. The average annual GDP growth during these years has been around six per cent. Private consumption has increased even faster, reaching double digit figures annually. The long economic growth in a populous market with more than 140 million consumers has started a genuine foreign investment boom. The annual foreign investment inflow to Russia has multiplied compared with the situation in the first half of the 1990s. During the period 19901995, the average foreign direct investment (FDI) inflow was slightly over one billion US dollars per annum (UN, 2002), whereas in 2005 the FDI inflow was nearly 15 times higher. Despite such a sharp increase, one should not forget that Russia’s inward FDI stock is still less than USD 150 billion, i.e. it is less than 10 per cent of the US stock (UN, 2006). read more
Like this:
Like Loading...
This website and sisters
royaldutchshellplc.com,
shellnazihistory.com,
royaldutchshell.website,
johndonovan.website, and
shellnews.net,
are owned by
John Donovan. There is also a
Wikipedia segment.