Information and intelligence are indispensable for:
|• ||identifying industrial sectors where FDI would have a beneficial impact on the local economy;|
|• ||locating the appropriate investors who match these requirements;|
|• ||supplying information for benchmarking
28 Russia's FDI performance with that of other countries;|
|• ||formulating FDI policies and adjusting the strategic orientation rapidly to new developments in Russia and the world;|
|• ||preparing 'marketing' and promotion campaigns.|
In the following chapters, current FDI inflows into Russia and its future expansion potential will be assessed with respect to other LEMs so that achievable targets can be set concerning prospective FDI-exporting countries as well as industrial sectors and regions to be promoted in Russia. Specific assets of Russia's manufacturing capability will be highlighted on the basis of previously researched sector information.
The economic problems Dutch policy-makers were confronted with at that time are referred to as 'Dutch disease'. See also T. Barker and V. Brailovski, Oil or Industry? Energy, Industrialization and Economic Policy in Canada, Mexico, the Netherlands, Norway, and the United Kingdom, 1981.
The only other LEMs currently facing similar problems of raw materials dependence are Indonesia and Nigeria.
Although this study focuses on the importance of FDI for industrial restructuring, essential services and the primary sectors of the economy (agriculture, forestry) can also be positively affected.
Chapters 3.3, 5, 6 and 7.
Germany's broad tax reform project, which was put forward by the leading coalition government in late 1997 but has so far failed to win the support of the opposition, was initially conceived to stimulate domestic investment and attract foreign investors after inward FDI had reached an all time low of US1.5 billion in 1996.
Examples are Ireland, Malaysia and Singapore.
See efforts undertaken by selected LEM governments highlighted in Part III.
Every year, Russia loses thousands of scientists and engineers to North America, western Europe, and Australia.
About the need for policy guidance in industry, see also 'Kagda rynku nada pamogat' [When it is indispensable to support the market], Expert, 6 October 1997, pp. 12–15; A. Martynov, 'Aktivisatsyia investizionnoi politiki' [Activization of investment policy], Ekonomist, no. 9, 1997.
Questia, a part of Gale, Cengage Learning. www.questia.com
Book title: Foreign Direct Investment in Russia: A Strategy for Industrial Recovery.
Contributors: Paul Fischer - Author.
Publisher: St. Martin's Press.
Place of publication: New York.
Publication year: 2000.
Page number: 354.
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