Investment attractiveness of Russia

ПОДЕЛИТЬСЯ С ДРУЗЬЯМИ
Authors


Master of Economics, lecturer
Russia, NRU HSE
eprofit@rambler.ru

Abstract

In the era of globalization Russia as one of the dynamic development markets became attractive to foreign investors willing to get high return and ready to take high risks. The aim of this article is to examine the investment flows and changes of its volume and direction in the periods of stable economic grows and economic crises 1998 and 2008-2009 years, weather we can say that Russia is the international investment center in recent years or it suffers from great capital outflow. According to practice there are two major kinds of investments: portfolio and direct investments. The former are more speculative, the latter – more stable and lead to technology and experience spreading. Ernst & Young European Investment Monitor illustrates the tendency of turning the international investments to development markets using the criteria of the sum of investments projects with participation of foreign investor, the article examines weather it is possible to prove this fact using data of flows of portfolio and direct foreign investments in the Russian market. As that is not a secret that Russian economy is mostly dependent on oil prices, this factor is also taken into account. As a whole the author outlines short-term, medium-term and long-term signs of investment attractiveness of Russia and proves that there is much to be done to make Russia the international investment center.

Keywords

investment attractiveness, portfolio investments, foreign direct investments, alternative way of investment attractiveness examination.

Categories of article:

Рекомендуемая ссылка

Kayasheva Elena Vladimirovna
Investment attractiveness of Russia// Современные технологии управления. ISSN 2226-9339. – #12 (12). Номер статьи: 1204. Дата публикации: . Режим доступа: http://sovman.ru/en/article/1204/

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References

  1. Mirkin Y. M. “Security market of Russia: influence of fundamental factors, forecast and development policy”, Moscow
  2. IMF http://cdis.imf.org
  3. Bank of Russia  http://www.cbr.ru
  4. ROSSTAT http://www.gks.ru
  5. ECB http://sdw.ecb.europa.eu/browseChart.do?node=2120792&BS_SUFFIX=3&sfl5=4&sfl4=4&DATASET=0&trans=N
  6. Survey: Ernst & Young European Investment Monitor, 2011