Foreign Direct Investment in Russia: A Strategy for Industrial Recovery

By Paul Fischer | Go to book overview
Save to active project

concrete projects. Russia therefore has a chance to pioneer the concept of an integrated FDI agency supported by an external advisory network.

A proactive FDI policy will eventually help Russia select the TNCs that will contribute most usefully and rapidly to its industrial recovery. This is better than passive acceptance of investors who seek short-term benefits from the market and are not prepared to contribute to socioeconomic development and environment protection.


Notes
1
A ceiling should be established beyond which all FDI projects are supervised directly by the agency, e.g. US$40 million for Greater Moscow, US$20 million for other regions. While the federal agency would supervise all projects originating from the world's top 500 corporations, the regional network could assist in channelling FDI from the 'hidden champions'.
2
A. G. Witt, 'Promoting Transnational Investment: Organizing to Serve Approved Investors', Transnational Corporations Journal, 2(1), February 1993, pp. 86–88.
3
Over 60 directors of large and medium-sized companies were interviewed in Germany and Italy for an investor survey conducted for this study during 1996–98.
4
To support the federal agency, regional subagencies could be opened in the leading regions (e.g. Moscow, St. Petersburg, Samara) for investment projects in the greater economic areas. Regional subagencies should be assisted by 'partner' regions in OECD countries in their efforts to attract target companies.
5
See Chapters 16.1 to 16.6.
6
To set up the Centre, the Russian authorities received training and advice from Germany's Ministry of the Economy, the Irish Investment Promotion Office and a number of international organizations.
7
The main tasks and services are presented on the Centre's website www.fipc.ru/fipc (Charter, Section III/12 and 13).
8
Offices have so far been opened or are in the process of being started in Frankfurt, Paris, London, Milan, Amsterdam, Stockholm, Singapore, Tokyo and Washington D.C.
9
A. G. Witt, 'Public Marketing of Foreign Investment: Successful International Offices Stand-Alone', International Journal of Public Sector Management, 5(5), 1992, pp. 38–39.
10
Chapter 12.3.
11
Investors report of FDI departments which exist simultaneously in the President's office, the Prime Minister's office and in many other national ministries and regional bodies.
12
US Chamber of Industry News, Moscow, 1997.
13
Formerly the FIPB reported directly to the Prime Minister. See Chapter 6.3.1.3.
14
Sh. Rangnekar, 'states Given More Latitude to Attract FDI in Core Sectors', The Economic Times, 8 May 1998, p. 1.
15
NRI (nonresident Indian) tycoon, S. P. Hinduja, called for the formation of an FDI ministry at a press conference in New Delhi on 8 February 1999. This proposal was included in a memorandum submitted to the Minister of Finance,

-547-

Notes for this page

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Project items

Items saved from this book

This book has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this book

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this page

Cited page

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited page

Bookmark this page
Foreign Direct Investment in Russia: A Strategy for Industrial Recovery
Table of contents

Table of contents

Settings

Settings

Typeface
Text size Smaller Larger
Search within

Search within this book

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

While we understand printed pages are helpful to our users, this limitation is necessary to help protect our publishers' copyrighted material and prevent its unlawful distribution. We are sorry for any inconvenience.
Full screen
/ 579

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.