Publication Date

2009

Degree Name

MA in International Education

First Advisor

Nikoi Kote-Nikoi

Abstract

Almost 20 years ago Russian Federation (Russia) began the process of political and economic reform. One part of these reforms was to open the door to incoming foreign investment. Since that time Russia has achieved visible improvement in this kind of trade. However, the country has not achieved its full potential in this regard. This paper explores the development of incoming foreign investment to Russia over the past twenty years and compares it to the People’s Republic of China (China), which is a country that also opened to such investment approximately 20 years ago. The results China has achieved in the past 15-20 years are far more impressive than what Russia has achieved. The purpose of this paper is to retrace the path of reform in Russia and China, study the present investment climate in both countries, draw comparisons between their achievements, and based on the results, answer the question as to whether Russia can achieve better results by examining and using lessons from the Chinese experience.

Disciplines

International Business | International Economics | Political Economy

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