Foreign Direct Investments in BRICS Countries

Author(s):  
V. Bobrova ◽  
K. Protasov

The analysis of Brazil's, Russia's, India's, China's and RSA's opportunities allows to speak about the further development of BRICS potential in the near future due to increase of the FDI flows both within BRICS and in its relations with third countries. China which to date selectively takes foreign investments giving special priority to their qualitative characteristics will remain the most long-term country. Russia continues to be one of global leaders in the field of resource development and a country with plenty of unrealized opportunities in the industrial sector. By today, there is still much tension around the issue of new growth drivers and investment climate improvement. Given the decrease in the investment attractiveness of the Western Europe which led the way as a FDI recipient in the past, in 2011 Russia's indexes doubled as compared to 2005. As far as the Russian economy development prospects are viewed as advantageous in the whole, everything will depend on the state policy coherence, where it's worth to study the BRICS partners' experiences.

Author(s):  
Varvara Stepchenko

The article is an attempt to formalize the scientific problems in the development of management models of the innovation process in the industrial sector of Russia in the conditions of environmental uncertainty. All over the world, as in Russia, scientific and technological progress is developing cyclically. This happens at different intervals and N.D. Kondratyev thoroughly studied it. Approximately every 40–50 years, a change in technological patterns occurs, it serves as a basis for the next long-term cycles. Our task is to determine the format for solving the problem of technology transfer in the absence of linearity in the chain of stages of the innovation process in the new sixth technological structure. The increased activity in «Industry 4.0», the Internet and various types of networks based on blockchain technologies will be in demand in the near future and will determine the development strategy not only of the state, but also that of separate regions, cities, companies and industries.


2021 ◽  
Vol 295 ◽  
pp. 01059
Author(s):  
Oleg Repinskiy ◽  
Maria Gubanischeva ◽  
Natalya Romaneskul

The macroregion Siberia possess large reserves of natural resources, which makes it possible to create a modern high-tech infrastructure for their extraction and processing. The production of final products in this region can become a driving force for the development of the Russian economy in the medium and long term. Unlocking the potential of Siberia and the Far East requires significant investments comparable to the money spent by the USSR for the development of Western Siberia, the North, the Arctic and the construction of the BAM (the Baikal-Amur Mainline). The volume of public investment is insufficient for the dynamic development of the region, so to obtain additional investment funds stimulation of the private sector of the economy is required. Potential investors have the sufficient financial resources, but it is necessary to improve an investment climate in Russia. It will allow the country to attract the maximum amount of money. To improve the investment climate one should make significant changes in the management, legal, banking and other aspects of business activity in Russia.


2019 ◽  
Vol 14 (4) ◽  
pp. 194-219

The rail freight market is one of the most important sectors of the Russian economy. From year to year there has been evidence of inefficiency of rail freight regulation rules: shippers prefer to use alternative types of transport for goods with high added value, decreasing revenues of OAO “RZD” (Russian Railways) and limiting its investment program. To create conditions for development, there have been discussions about directions of reforms needed in the rail freight sector. Market players like OAO “RZD”, the government, and shippers have been putting forward their own optimal market schemes, but mainly they are controversial. In this paper, the authors propose a vector for further development of an optimal rail freight market model, which would take into account interests of all market players. At the first stage, we evaluated elasticities of demand for rail freight transportation for different types of goods. At the second stage, we measured levels of rail freight tariffs in Russia and compared them with the theoretical optimal level according to the Ramsey rule. With maximum public welfare taken as the optimal criteria, directions for further development of tariff s for the medium to long term have been identified. According to our estimates, the present tariff system leads to 0.2% of GDP welfare being lost annually. The new tariff system would ensure a 4–6% increase in freight volumes by decreasing the average level of tariffs. This tariff system can be applied as part of rail freight regulation improvements.


2020 ◽  
Vol 0 (4) ◽  
pp. 112-117
Author(s):  
S.A. KIRILLOVA ◽  

Internal tourism has tremendous potential for becoming one of the leading non-resource sectors in the Russian economy enabling its further development. The implementation of this potential will be largely supported by its promotion using Internet marketing technologies, as this is one of the major factors to maintain the demand for internal tourism not only during the period of closed borders, but also over the long term. The paper substantiates objective feasibility for the transition from 'analogue' to digital marketing, as evidenced by global trends in the digital development pointing out to the fact that digital technologies, mobile devices and social networks have become an indispensable part of people’s everyday life throughout the entire world. The conclusion is made about the necessity of performing prompt recordings of the trends formed in the sphere of Internet marketing in order to provide effective promotion of regional tourism.


2004 ◽  
pp. 4-34 ◽  
Author(s):  
E. Yasin ◽  
A. Yakovlev

Having analyzed the present state of the Russian economy the authors come to the conclusion that the only reasonable goal of its modernization is achieving high competitive capacity of production. External and internal competitive capacity is analysed in detail basing on broad statistics as well as competitive capacity of institutions and their changes, the adaptive model of transition economy. According to the authors implementation of competitive capacity policy as a national idea should take into account long-term perspective.


2014 ◽  
pp. 30-52 ◽  
Author(s):  
L. Grigoryev ◽  
E. Buryak ◽  
A. Golyashev

The Ukrainian socio-economic crisis has been developing for years and resulted in the open socio-political turmoil and armed conflict. The Ukrainian population didn’t meet objectives of the post-Soviet transformation, and people were disillusioned for years, losing trust in the state and the Future. The role of workers’ remittances in the Ukrainian economy is underestimated, since the personal consumption and stability depend strongly on them. Social inequality, oligarchic control of key national assets contributed to instability as well as regional disparity, aggravated by identity differences. Economic growth is slow due to a long-term underinvestment, and prospects of improvement are dependent on some difficult institutional reforms, macro stability, open external markets and the elites’ consensus. Recovering after socio-economic and political crisis will need not merely time, but also governance quality improvement, institutions reform, the investment climate revival - that can be attributed as the second transformation in Ukraine.


2010 ◽  
pp. 68-89
Author(s):  
. Delovaya Rossiya (Business Russia)

The repot considers the current state of the Russian economy, analyzes the drawbacks of the functioning export-raw materials model of its development. The necessity of its changing on the basis of improving the investment climate on the regional level is noted. Corresponding measures on behalf of federal and regional authorities are formulated as well as the directions of innovation policy aimed at modernizing the Russian economy. The conclusion is made that private non-raw materials business should become the main agent of modernization in our country.


2020 ◽  
pp. 51-74
Author(s):  
I. A. Bashmakov

The article presents the key results of scenario projections that underpinned the Strategy for long-term low carbon economic development of the Russian Federation to 2050, including analysis of potential Russia’s GHG emission mitigation commitments to 2050 and assessment of relevant costs, benefits, and implications for Russia’s GDP. Low carbon transformation of the Russian economy is presented as a potential driver for economic growth that offers trillions-of-dollars-worth market niches for low carbon products by mid-21st century. Transition to low carbon economic growth is irreversible. Lagging behind in this technological race entails a security risk and technological backwardness hazards.


2008 ◽  
pp. 94-109 ◽  
Author(s):  
D. Sorokin

The problem of the Russian economy’s growth rates is considered in the article in the context of Russia’s backwardness regarding GDP per capita in comparison with the developed countries. The author stresses the urgency of modernization of the real sector of the economy and the recovery of the country’s human capital. For reaching these goals short- or mid-term programs are not sufficient. Economic policy needs a long-term (15-20 years) strategy, otherwise Russia will be condemned to economic inertia and multiplying structural disproportions.


2007 ◽  
pp. 27-45
Author(s):  
B. Titov ◽  
I. Pilipenko ◽  
A. Danilov-Danilyan

The report considers how the state economic policy contributes to the national economic development in the midterm perspective. It analyzes main current economic problems of the Russian economy, i.e. low effectiveness of the social system, high dependence on export industries and natural resources, high monopolization and underdeveloped free market, as well as barriers that hinder non-recourse-based business development including high tax burden, skilled labor deficit and lack of investment capital. We propose a social-oriented market economy as the Russian economic model to achieve a sustainable economic growth in the long-term perspective. This model is based on people’s prosperity and therefore expanding domestic demand that stimulates the growth of domestic non-resource-based sector which in turn can accelerate annual GDP growth rates to 10-12%. To realize this model "Delovaya Rossiya" proposes a program that consists of a number of directions and key groups of measures covering priority national projects, tax, fiscal, monetary, innovative-industrial, trade and social policies.


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