scholarly journals Legislation on direct foreign investment in the Russian Federation and the United States: comparative-legal analysis

Author(s):  
Yuliya Mikhailovna Kudryashova

This article analyzes the investment legislation of the Russian Federation and the United States. The subject of this research is the specific normative legal acts regulating direct foreign investments in the indicated countries, while the object is the relations emerging in the process of foreign investment activity.  The author provides the examples of various factors in the area of foreign investment for the purpose of their comparison and determination of specificity of their practical implementation. The reference to doctrinal sources allowed to clearer explain the author’s position of the topic. The scientific novelty and relevance of this work are substantiated by examination of investment activity, which greatly impacts the economy of modern countries. The author’s special contribution lies in studying the experience of U. S. legislation with regards to direct foreign investments. The main conclusion consists in the fact that both jurisdictions have a well-developed mechanism for regulating investment relations, as well as both countries feature a number of restrictions that can face a foreign investor. The need for improvement of Russian legislation is underlined. The acquired results can be used in legislative and expert activity, as well as in further theoretical-legal research.

Author(s):  
Елена Татаринцева ◽  
Elena Tatarintseva

Adoption is a complex social and legal institution designed to best meet the interests of children who have lost parental care, in family education. Violation of the principle of subsidiarity of international adoption at the adoption of Russian children by U.S. citizens has led to multiple negative consequences, expressed in the loss of the Russian Federation the national resources of the country. A rethinking of this process was the adoption of the Federal law dated 28.12.2012 № 272-FZ, known as the "Dima Yakovlev Law" banning the adoption of children - Russian citizens - American citizens. In this monograph the author for the first time on the basis of primary sources, carried out comprehensive comparative legal analysis of current legislation of the Russian Federation and the United States of America in the field of adoption. It is concluded that the differences in the legal effects of adoption due to contradictions of the traditional Russian model of legal adoption and similar American functional model and the ways of their legislative improvement. The monograph contains law enforcement materials for the work of bodies of trusteeship and guardianship authorities and courts of the Russian Federation. The author's work is designed not only for specialists but also for a wide range of readers.


2020 ◽  
Vol 14 (1) ◽  
pp. 44-53
Author(s):  
S. V. Kazantsev

The volume and dynamics of foreign investments are formed under the influence of many conditions and circumstances. The author of this article examines the impact of one class of factors that determine the dynamics and geographical structure of Russia’s foreign direct investment inflows outflows. These are anti-Russian sanctions imposed by a group of States in 2014 to isolate the Russian Federation in the field of politics, finance and economy, science and technology, information and culture. For these countries, Russia is not a priority investment target. The share of the Russian Federation varied from two to five per cent, and rarely exceeded 10 per cent of the total volume of these countries foreign direct investment net outflows in 2007–2018. The author presented in this article the positive and negative aspects of foreign direct investment, their dynamics before and after the imposition of sanctions. In particular, the author shows that the reduction in the foreign direct investment net inflows from Russia to the sanctioning countries was less significant for the leading EU States — Germany, France and United Kingdom — than for many other sanctioning countries The cuts in Russia’s foreign direct investment net outflows had almost no impact on the United States who was the main initiator of anti-Russian sanctions.


2019 ◽  
Vol 23 (2) ◽  
pp. 289-304
Author(s):  
Inna D. Novikova

Having adopted the Constitution in 1993 and declared itself a social state, the Russian Federation assumed the duty not to exert power over its citizens, but to provide them with services. However, the provision of services has become a new, previously uncharacteristic area of activity of the state apparatus. Given this, the issue of creating a qualitatively new system of public administration in Russia was of particular relevance. Since the early 2000s. its decision is directly related to the «administrative reform», in which, among other things, the term «public service» was introduced into domestic legal circulation. Currently, the issue of improving the efficiency of public services is still on the agenda, because in the sphere of realization of citizens and organizations of their right to receive public services remains unresolved a number of problems, the main of which is the lack of a full legislative framework governing the institution of public services. The author, having carried out a comparative legal analysis of the administrative legislation of the Russian Federation with the legislation of the United States, which is considered more progressive in this area, attempts to identify the most significant advantages and disadvantages of the current domestic legal framework in the provision of public services. Taking into account the findings, the author formulates proposals aimed at improving the efficiency of management decisions in the provision of public services.


2021 ◽  
Vol 118 ◽  
pp. 03012
Author(s):  
Elena Anatolievna Logvinets ◽  
Natalia Рetrovna Katorgina ◽  
Natalia Yurievna Sudnikova ◽  
Sergey Nikolaevich Mamin ◽  
Irina Nikolaevna Kislitsina

The purpose of this research is to consider the legal status of an expert in the legal proceedings of the Russian Federation and the United States. In the paper used were such research methods as analysis, synthesis, formal legal and comparative legal. The methods of analysis and synthesis were used to clarify the legal status of an expert in the Russian Federation and the United States. The use of formal legal and comparative legal methods made it possible to conduct a comprehensive comparative study of procedural legislation. The authors applied an integrated approach to the study of the role and essence of competent persons in the two countries’ proceedings. The comparative legal analysis of the rules of proceedings of the Russian Federation and the United States resulted in an assessment of the legislative regulation of the institute of specific expertise in legal proceedings. The given methodological tools made it possible to comprehensively generalise and systematise theoretical postulates, develop their own opinion on issues of the expert participation in the proceedings of the Russian Federation and the United States discussed in the scientific literature. The novelty of the research lies in the fact that it made it possible to assess further prospects for engaging competent persons in Russian legal proceedings. The results obtained during the work can be used for further research in the field of application of special knowledge in the legal proceedings of the Russian Federation and the United States.


2020 ◽  
Vol 11 (4) ◽  
pp. 1022-1034
Author(s):  
Roman R. Kobenia ◽  

The article analyzes various aspects of the single point of entry bank resolution strategy in the United States and seeks to determine the viability of legally adopting this approach in the Russian Federation. The single point of entry strategy provides an alternative to “bailing out” large bank groups and bankruptcy proceedings via controlled liquidation of the parent company with simultaneous financial rehabilitation of the subsidiary bank. Orderly Liquidation Authority detailed by Title II of the Dodd-Frank Act provides a legislative framework for the single point of entry strategy, but due to the doctrine only existing as a guideline and not directly regulated by legislation, there are several gaps in legislation that cause various problems in both the practical implementation of the single point of entry doctrine and its scientific evaluation. The insufficiently studied topic of single point of entry doctrine as a form of corporate liability is also examined in the article. Russian legislation and court practices regarding bank rehabilitation and the doctrine of “piercing the corporate veil” are examined to determine the possibility of legally adopting the single point of entry doctrine due to similarities between doctrines. The flaws and merits of the single point of entry doctrine are studied while accounting for potential ways to overcome the legal gaps in the strategy. The article reaches the conclusion that while the single point of entry doctrine is far from perfect, the basic principles can be applied to Russian legislation and serve as a viable alternative to the prevalent “bailout” practice.


Author(s):  
D.S. Yurochkin ◽  
◽  
A.A. Leshkevich ◽  
Z.M. Golant ◽  
I.A. NarkevichSaint ◽  
...  

The article presents the results of a comparison of the Orphan Drugs Register approved for use in the United States and the 2020 Vital and Essential Drugs List approved on October 12, 2019 by Order of the Government of the Russian Federation No. 2406-r. The comparison identified 305 international non-proprietary names relating to the main and/or auxiliary therapy for rare diseases. The analysis of the market of drugs included in the Vital and Essential Drugs List, which can be used to treat rare (orphan) diseases in Russia was conducted.


2021 ◽  
Vol 1 (10) ◽  
pp. 149-166
Author(s):  
Dmitry V. Gordienko ◽  

The paper examines the interests of Russia, the United States and China in the regions of the world and identifies the priorities of Russia's activities in Europe, Central Asia and the Caucasus, the Asia-Pacific region, the Arctic, Africa, the Middle East and Latin America, their comparative assessment with the interests of the United States and China. An approach to assessing the impact of possible consequences of the activities of the United States and China on the realization of Russia's interests is proposed. This makes it possible to identify the priorities of the policy of the Russian Federation in various regions of the world. The results of the analysis can be used to substantiate recommendations to the military-political leadership of our country. It is concluded that the discrepancy between the interests of the United States and China is important for the implementation of the current economic and military policy of the Russian Federation.


2021 ◽  
Vol 30 (1) ◽  
pp. 59-83
Author(s):  
Andrey Fursov

Currently, public hearings are one of the most widespread forms of deliberative municipal democracy in Russia. This high level of demand, combined with critique of legal regulations and the practices for bringing this system to reality – justified, in the meantime, by its development (for example, by the Agency for Strategic Initiatives and the Public Chambers of the Russian Federation) of proposals for the correction of corresponding elements of the legal code – make both the study of Russian experiences in this sphere and comparative studies of legal regulations and practical usage of public hearings in Russia and abroad extremely relevant. This article is an attempt to make a contribution to this field of scientific study. If the appearance of public hearings in Russia as an institution of Russian municipal law is connected with the passing of the Federal Law of 6 October 2003 No.131-FZ, “On the general organisational principles of local government in the Russian Federation,” then in the United States, this institution has existed since the beginning of the 20th century, with mass adoption beginning in the 1960s. In this time, the United States has accumulated significant practical experience in the use of public hearings and their legal formulation. Both countries are large federal states, with their own regional specifics and diversity, the presence of three levels of public authority and different principles of federalism, which cause differences in the legal regulation of municipal public hearings. For this reason, this article undertakes a comparative legal analysis of Russian and American experiences of legal regulation and practical use of public hearings, on the example of several major municipalities – the cities of Novosibirsk, Nizhny Novgorod, Voronezh and New York, Los Angeles, and Chicago. A comparison of laws influencing the public hearing processes in these cities is advisable, given the colossal growth in the role of city centers in the industrial and post-industrial eras. Cities in particular are the primary centers for economic growth, the spread of innovations, progressive public policy and the living environment for the majority of both Russian and American citizens. The cities under research are one of the largest municipalities in the two countries by population, and on such a scale, the problem of involving residents in solving local issues is especially acute. In this context, improving traditional institutions of public participation is a timely challenge for the legislator, and the experiences of these cities are worth describing. The unique Russian context for legal regulations of public hearings involves the combination of overarching federal law and specific municipal decrees that regulate the hearing process. There are usually two municipal acts regulating public hearings on general issues of the city district (charter, budget, etc.) and separately on urban planning. In the United States, the primary regulation of public hearings is assigned to the state and municipality level, with a whole series of corresponding laws and statutes; meanwhile, methodological recommendations play a specific role in the organisation of hearings, which are issued by the state department of a given state. It is proposed that regulating the corresponding relationships at the federal subject level will permit a combination of the best practices of legal administration with local nuances, thereby reinforcing the guarantee of the realization of civil rights to self-government. There are other features in the process of organizing and conducting public hearings in the United States, which, as shown in the article, can be perceived by Russian lawmakers as well in order to create an updated construct of public discussions at the local level.


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