CONTENTS

Volume 9, 2001

 

Investment CLIMATE

Oktai MOVSUMOV. Investment climate in the Czech Republic oil and gas complex

The Czech Republic being the importer of Russian oil and gas is also the hub of oil and gas transit pipelines to the West Europe. So it is of strategic importance both for Russia and the European Union. The author analyses the Czech investment legislation concerning the power sector investment.

 

Investment MARKET

Nikolai TSVETKOV. Russia’s oil and gas investment advantages and its competitiveness on the world market of investment capital

Investors’ motivation for investing in the oil and gas sector. Evaluation of Russia’s potential resources. Oil production costs in Russia as compared to other countries. According to the author’s estimates prospects of the world oil and gas market are favorable for augmenting investments in the Russian oil and gas sector, Russia even today is rather attractive for the investors, but the further progress will take much more effort.

Askar BAKITZHANOV, Sergei FILIN. The state control infrastructure as an integral part of the investment infrastructure

The strategy of market relations perfection has to be backed by the restoration of the state power leading role in the economy regulation through establishing new efficient control structures. The existing inefficient control system has renounced the old structures and methods but has not acquired the new ones more efficient. The authors consider the state investment policy as it is in the Republic of Kazakhstan.

The investment banks watch out the Asian market

Materials prepared by the KPMG international panel.

Boris SAFRONOV, Valeri PROKHOROV. The money market: conjuncture in the 1st half year 2001

 

Investment TECHNOLOGIES

Andrei KONOPLYANIK, Sergei LEBEDEV. Analysis of the oil and gas projects financing risks that emerge in implementing the oil and gas investment projects

Their well reasoned quantitative evaluation and mechanisms of diminishing the main risks faced by the project partners (the Russian first of all) in order to cut down the costs of  their participation in the project.

 

Innovation

Sergei KARAKHOTIN. Trends, tasks and priorities of investing in the industry and science

The much better investment climate becomes an important task of the government economic policy. With the limited budget resources the state has to not only create every condition facilitating the influx of private investment in the real sector but also to make the free funds of private investors the most profitable if invested in the home economy.

 

Reference and advice

Vladimir CHVANOV. Direct foreign investment: the Russian policy

Notices to the monograph “The policy of attracting direct foreign investment in the Russian economy”. Collective authors. The economic analysis bureau. M.: TEIS, 2001. 479 pp.