Russia Pestel

YOU MAY ALSO FIND THESE DOCUMENTS HELPFUL

• FDI-Russia Essay

  ...Limits to Foreign Direct Investment in Russia The Russian Economy emerged from the upheaval of the 1990s as a market where power was inadequately dispersed among the oligarchs, formal regulating institutions were scarcely in force and the state assumed too much of a role in an economy that was to run on free market principles. A decade later, there have been minimal reforms despite the widespread political rhetoric about Russia being integrated into the world economy. How has the absence of a fully developed free market and dominance of Oligarchs proven to be an impediment to the Economic growth? How has the relationship between them and the Russian government changed over time? What are some of the malpractices of the domestic economy? These are some questions that help us determine how the world views the economy in Russia and how it limits foreign investment. Informal practices exploited by the Oligarchs confound the world Since the privatization of Russian firms, the domestic market in Russia was run by a ‘grabbing hand model’ – “government at all levels were likely to prey on more successful firms to redistribute rents to less successful firms and to political allies”(Frye,Yakovlev,and Yasin,p.32). The oligarchs captured immense power during the mayhem of economic liberalization and created enormous wealth, thereby they “managed to capture the state, enrich themselves, and undermine economic development”...

  1592  Words | 5  Pages

• International Business Assignment Russia Essay

  ...Federation Intro Would it be advisable to invest € 20.000.000,- in the country which you have studied? ‘Russia’…Russia is the largest country in the world and is the 7th largest economy in the world by GDP. Russia has undergone significant changes since the collapse of the Soviet Union and sustained a massive economic growth the past couple of years. It is a country of large differences and were almost everything has a price a lot of rich but still a lot of poor though Russia’s middle class is on the rise. It is a country with a lot of different ethnic minorities, cultures and demographics and is also known as one of the countries with 4 seasons . Both Russia’s positive and negative circumstances are in a extreme way and hard to distinguish from each other when measuring FDI. But at first sight Russia will definitely be one of my first choices in this case because when doing enough research you will be able to measure FDI in success full way without being limited and by avoiding the negative circumstances . What we also shouldn’t forget is that the Russian federation has a lot of autonomic republics within it Witch are sometimes seen as completely different countries. This is also something that extends the possibilities when investing in Russia. Besides huge research costs and different/complicated diversions you are facing when investing in Russia, it would definitely...

  2378  Words | 7  Pages

• Essay on Corruption in Russia

  ...The Two Sides of Corruption in Russia Corruption in Russia has been prominent since it was legal in the 17th century, when the tsar’s officers were allowed to take bribes. It was then illegalized, however never quite faded away especially during Soviet times when the conditions of the living people were harsh. It is still prominent in Russia today since the new capitalist country has not fully moved on from its socialist past. Understanding the historical content of corruption is critical in order to grasp the future of business in Russia. There is no evidence suggesting that corruption will end in the foreseeable near future. Therefore, in order for businesses, including foreign investors, to succeed, they must be willing to stray around the law because the competition is already doing so. Corruption allows to speed processes up sometimes, and even though it is morally unethical, it is an unspoken required component of making a profit in Russia. However, in order for Russia to succeed as a global superpower in the long run, corruption is a huge obstacle that needs to be diminished and eventually extinguished. Businesses have to be transparent and a legal system has to be established in order to punish corrupt acts and prevent corrupt government officials from passing corrupt laws. Implications are as important as actions in the world of politics. So just the fact that a person in power...

  2541  Words | 7  Pages

• Russia country project Essay

  ... Russia Interfax Russia is a country slightly smaller than the United States, 1.8 times smaller to be exact. It is bordering the Arctic Ocean between Europe and North Pacific Ocean with a coast line of 37,653 km. The capital of Russia is Moscow with a population of 14 million consisting of 81% Russian, 3.7% Tatar, 1.4% Ukrainian, and 1.1% Bashkir. In this report we will learn about the contemporary business issues and economics in Russia. We will also see how the government takes part in the everyday lives of people, property, and business. This report will examine the economic freedom and how Russia has been climbing up the scales since the fall of the Soviet Union. Lastly, this report will analyze the international trade that has increased since Russia joined the World Trade center and the political crisis during the Sochi Olympics. Russia economy ranks as the eighth largest by nominal GDP and fifth largest by purchasing power. Russia is the largest producer of oil (12% of the worlds output), natural gas (18%) and nickel (20%). The energy sector is the most important; it contributes to 20-25% of Russia GDP. According to the “Economic Freedom of the World” and “The Fraser Institute”, Russia’s ranking has gone from 89 out of 141 countries, Russian being 89 in 2005 to 101 out of 152 in 2011 Russia has moved up 10 places from...

  984  Words | 3  Pages

• Is Russia an abnormal country? Essay

  ...Is Russia an abnormal country? Throughout the last 15 years Russia and its people have undergone immense transformation. The most obvious one, the transition from a communist authoritarian centrally planned state to a free market pluralist democracy. However, it is widely argued that Russia can’t be utterly called a democracy, what for many contributes to Russia’s “abnormality”. Additionally, rapidity of the transformation also implies the aberrations from the normality. In order to assess whether Russia is an abnormal country the definition of “normality” in relation to state, should be defined. According to Shleifer and Treisman ‘normal’ country is the one that transformed into a democracy with a middle income, and has a potential to develop further into the westernised democracy.1 From my perspective it would be logical to look at the major transitional areas of Russia, such as economy, politics and international policy, society, civil rights, and historical background. On the basis of these criterions we should be able to decide whether Russia can be called an abnormal country. To begin with, the features that are considered as typical for a middle-earn income country can distinguish Russian economy nowadays. Rapid economic growth started in 1999, soon after Yeltsin introduced his privatisation programme (1992-1994) and ‘loans for shares’ (1995-1996). However, some scholars...

  2026  Words | 6  Pages

• Russia Sochi or bust Essay

  ...Putin’s Russia Sochi or bust The conspicuous dazzle of the games masks a country, and a president, in deepening trouble Feb 1st 2014 | MOSCOW | From the print edition FEBRUARY 7th sees the opening of the winter Olympics in Sochi on the Black Sea. The message of the games is simple: “Russia is back”. Sochi was planned as a celebration of Russia’s resurgence, a symbol of international recognition and a crowning moment for Vladimir Putin, its president, who for the present seems to have seen off all his challengers. Appropriately, the opening ceremony will include the image of the Russian “troika-bird” from Nikolai Gogol’s “Dead Souls”. “Rus,” wrote Gogol, “aren’t you soaring like a spry troika that can’t be overtaken? The road is smoking under you, the bridges thunder, everything steps aside and is left behind!…Is this lightning thrown down from heaven? Other nations and states gaze askance, step off the road and give [you] right of way.” The quote has long been used to justify Russian exceptionalism and moral superiority. Gogol describes Russia as a deeply flawed and corrupt country, but it is precisely its misery and sinfulness that entitles it to mystical regeneration. His troika carries a swindler, Chichikov, and his drunken coachman, but it is transformed into the symbol of a God-inspired country that gloriously surpasses all others. So, too, with the Sochi Olympics. This grand enterprise, the largest construction...

  3056  Words | 8  Pages

• Essay about Russia

  ...Nina Taupier 2011-10412 Russia and international Relations The West and Russia. 31.5.13 Whether Russia will integrate or cooperate with the West has been and continues to be a very heated debate. Overall, Russia’s European frontier appears the most stable and peaceful. The defining factor in the European security landscape is NATO enlargement. Russia’s failure to prevent the first wave and the likelihood of successive waves make the prospect of dividing lines in Europe real. The extent, pace and quality of enlargement is very important. There is also the debate of whether the West should take on Russia seriously by accepting to cooperate and work with the Russians. In other words, this means accepting Russian demands for no missile defense in Eastern Europe and no NATO enlargement or further European integration of the former Soviet republics. The price of such cooperation is leaving Europe vulnerable to Russian military threats. Russia initiates different relations with different countries and many times uses one country against another or sets up treaties or compromises to limit the power and authority of the other countries. Russia is obsessed with power and status and this has pushed it to reject friendly relations with nations in the West. The relationship between Russia and Iraq is also very contradictory. Russia has criticized Iran’s nuclear...

  1133  Words | 3  Pages

• IKEA in russia Research Paper

  ... IKEA IN RUSSIA INTRODUCTION Today, we present our analysis of the adaptation of a multinational in an emerging country. We chose to study the Ikea’s case because the company is the leader in the field of interior design and furniture. In addition, we chose to focus on the implementation of Ikea in Russia because the cultural differences between Russia and Sweden are important. This cultural distance shows the importance of brand policy and how it could have an impact on sales as well as its reputation due to poor market research. Finally, it is interesting to see how a multinational company which is present in many countries could adapt to local culture despite its differences with it. This point is important to do business in Russia. In this presentation, we will explain how Ikea is located on the Russian market and how society has become accustomed to Russian culture despite their differences of opinion. Our choice was quickly clear as we have previously done a study in class about the difficulties of Ikea to adapt to the Russian corruption system, which appealed our attention. That's why we decide to explore this topic. I. Market analysis and Company introduction SWOT Strength: the brand acquire a good knowledge of their customers they constantly use innovations to drive costs down they have a supply chain integration the company get a famous brand reputation and a strong notoriety...

  1310  Words | 5  Pages