Systemic Transformation and Direct Foreign Investment in Russia: Problems and Solution

Conference paper


After six years of market reforms in Central and Eastern Europe (CEE), their effectiveness is still subject to constant debate. The social and economic prospects of the region remain rather dim. Predictably, one school of analysts takes a rather negative view of the results of this unprecedented systemic transformation. Others, on the contrary, gravitate towards optimism. Both, however, have serious reasons for their opposing conclusions.


Foreign Direct Investment Foreign Investment Systemic Transformation Foreign Capital Capital Inflow 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.


  1. Adelman, I. (1991), Long-Term Economic Development, World Development Report, p. 5.Google Scholar
  2. Amsden, A., Y. Cohanovich and L. Taylor (1994), The Market Meets Match. Restructuring the Economies of Eastern Europe, Harvard-Univ. Press.Google Scholar
  3. Aslund, A. (1994), Shokovaya terapiya v Vastochnoi Evrope i Rossu (translation: Shock Therapy in Eastern Europe and Russia ), Moscow, p. 39.Google Scholar
  4. Bielecki, J. (1992), Problems of the Polish Transformation. Communist Economics awl Economic Transformation., vol. 4, no. 3.Google Scholar
  5. Decrees of the Russian President (1993), On improvement of operation with foreign investment, No. 1466, March 27.Google Scholar
  6. Decrees of the Russian President (1994), On private investment in the Russian Federation, No. 1928, September 17, 1994.Google Scholar
  7. Sachs, J. (1994), Rynochnaya ekonomika i Rossiya (translation: Market Economies and Russia), Moscow: VVSMRM., p. 327.Google Scholar
  8. Information Agency (1995), Foreign Investment in Russia: Salient Features and Trends, Second Report, Moscow, pp. 7 – 16.Google Scholar
  9. ?E??B?? ??P (1996a), May 12.Google Scholar
  10. ?E??B?? ??P (1996b), July 12.Google Scholar
  11. ?E??B?? ??P (1996c), July 19–25.Google Scholar
  12. ????????A ? ????? (1996a), No. 13, March.Google Scholar
  13. ????????A ? ????? (1996b), No. 14, April.Google Scholar
  14. ????????A ? ????? (1996c), No. 23, June.Google Scholar
  15. ????????A ? ????? (1996d), No. 27, July.Google Scholar
  16. ЭКСПЕРТ (1996), No. 30, August 12, p. 9.Google Scholar
  17. ???A?????? ???????? (1995a), July 6.Google Scholar
  18. ???A?????? ???????? (1995b), October 6.Google Scholar
  19. ???A?????? ???????? (1995c), November 3.Google Scholar
  20. ???A?????? ???????? (1995d), December 21.Google Scholar
  21. ???A?????? ???????? (1996a), February 2.Google Scholar

Copyright information

© Springer-Verlag Berlin · Heidelberg 1999

Authors and Affiliations

There are no affiliations available

Personalised recommendations