Oktai MOVSUMOV. Investment climate in Estonia’s oil and gas sector

The Estonian legislation makes no difference between Estonian and foreign businesses, juristic persons and individual businessmen. Rights, liberties and responsibilities are equal for both Estonian citizens and foreign subjects, and persons with no citizenship. The author analyzing the Estonian investment legislation gives the full list of laws and acts concerning investments in the power sector.

Sergei NOSOV. Organization and promotion of the “Large diameter pipes works” project using the strategic alliance ideology

The project brief description. Competition, market, efficiency. The strategic alliance for the project promotion.

Olga SHIROKIKH. The MIGA importance for developing countries and countries with transition economies

The developing and transition economy countries play the increasingly important role in the international capital transfusion. With the shaky economy and unpredictable policy the investment protection becomes the particularly important issue for investors in these countries. The investment insurance is to be compulsory. Hence ever growing significance of the MIGA in this process

Fedor GLISIN. Construction business in Russia in the 2^nd quarter 2001

The economic conjuncture center at the Russian Federation government and the regional statistic bodies conducted the regular quarterly investigation of the industrial enterprises business activities.

Oleg SUKHAREV. Institutional reform in the 20^th century. An evolutionary view on the economic policy (the end)

Victor MOSKVIN. The basic theory of risks for implementing investment projects

The “risk” definition. The multi-dimensional space and the risks systems are the objective factors and their subjective reflections. The investor’s risk in implementing an investment project.

Victor OSTAPENKO, Alexander VITIN. High technologies: prospects, investment, incentives

High technologies structuring, their social consequences. The capital sources for developing high technologies, including investments from the stock market “technological” sector and the venture capital resources. The incentives are offered for developing high technologies combined with the development of the “old” economy industries.