CONTENTS

Volume 7, 2001

Investment MARKET

Boris SAFRONOV, Valentina MARKOVSKAYA. Investment market: situation in the 1-st quarter 2001

The analysis of the market situation in January- March 2001, the investment structure and dynamics, investment promotion incentives.

Oleg SUKHAREV. Institutional reform in the 20-th century. An evolutionary view on the economic policy ( continued from Nos. 5, 6 2001 )

Eugenia NEKLYUDOVA. Hungary: free economic zones as a means of foreign investment incentive

Now Hungary uses various types of special economic zones - industrial parks, business zones, trade (warehouse) and industrial free customs territories. Offshore firms for non-residents are also emerging now and then.

Alia MUKHAMEJANOVA. Human capital of the Republic of Kazakhstan; problems of its efficiency

Political and economic reform dramatically changed social conditions in the post-socialist society, gave crucial importance to the due regard, correction and employment of all aggregated factors forming the human capital of the country. This helps to disclose and control the social effects and trends of the Government decisions.

Investment TECHNOLOGIES

Vladlen LUNIN. A complex system for managing intricate structures

The Business Unit Management, Marketing Planning, and Risk Management technologies allow to set up a complex system for the bank management and formalize the solution of most of management problems.

Marina NIZOVTSOVA, Tamara VALUISKOVA. Dependence of an oil project on the choice of a funding scheme

Different funding schemes have a different effect on the eventual efficiency of an oil project investment. The analysis is done of both the company own funds and the loan finance.

Valeri GUTIN, Eugeni DARIN, Tatiana TROFIMOVA. The factor analysis of an investment fund structure of the municipal mortgage program

The determinative factor analysis can be used to optimize an investment fund structure of the municipal mortgage program. A mathematical economic model of the investment fund and a factor analysis procedure are offered for main lines of studies in municipal schemes of housing mortgage credits for implementing the municipal housing programs.

Innovation

Sergei NOSOV. Strategic alliances as a form of promoting investment projects

Strategic alliances are new integration structures of the global economy. Conditions for establishing these alliances. Protection of each firm interests. Alliances with competitors, customers, suppliers, developers. Risks and instability. Relations within an alliance. Performance of the strategic alliances.

Reference and advice

Alexander POKROVSKY, Vladimir SAVIN. A book which are rare (the letter to the editors)