Foreign Direct Investment in Russia: A Strategy for Industrial Recovery

Russia's postreform crisis can be alleviated; it has the market, the abundant natural resources, and the human skills that foreign investors seek. What Russia needs is policies that enhance and streamline FDI inflows. Policymakers can learn from the other emerging markets like China, India, and Mexico, where FDI has revitalized the economy. This book informs about the advantages, over exports, of becoming insiders in a large market through a local operation. The strategic concepts can also be applied by policymakers in other countries interested in attracting foreign investors.

Author Biography: Paul Fischer is an Economist who advises the Russian authorities on private-sector development and foreign direct investment on behalf of the German Government.