CONTENTS

Volume 5, 2002

 

Investments in RUSSIA

Leonid MAYOROV. Main aspects of the investment policy in the Republic of Mordovia

In the context of Russian reform and world economy development trends the regional investment climate makes a system of relations affected by the wide range of interconnected processes and conditions of investment business. The region investment attraction rate is formed by two «contradicting» evaluations: the objective investment potential and the informal investment climate and risks assessment. So the analysis of appropriate indices dynamics may be useful in detecting weak points and determining perspective priorities of the regional investment policy.

Alexander SHAKHNAZAROV, Irina GRISHINA. The Republic of Mordovia on the Russia map: the investment situation analysis and forecast

Though small in size and population Mordovia holds its particular place on Russia’s investment map. The republic is unique in combining a relatively low investment potential and a rather high regional investment security level, hence low non-commercial investment risks.

 

Investment CLIMATE

Alexander CHISTOV. Regulation of foreign investment

Modernization and updating of legislation for foreign investors were very important for drawing investments to Russia in the late 90s. Now the foreign capital operations are controlled by a wide range of legal documents which fall in four major groups: the international treaties and agreements, the basic federal law acts, the direct legal documents regulating the influx and operations of foreign capital in Russia, and finally various regional acts concerning investments within a region.

 

Investment MARKET

Boris MELNIKOV, Valentina MARKOVSKAYA, Anastasia SHKURENKO. Investment market: the situation in 2001

The analysis of the investment situation emerged in 2001, the investment structure and dynamics.

Victor MOSCVIN. The psychological aspect of making investment decisions

The specialists in charge of optimizing investment decisions, as a rule, presume that the investors make their decisions adequate to available information on a real existing situation. But in fact the investors and the companies’ top executives make often irrational decisions. Moreover, there are situations where most people make decisions contrary to common sense. This is explained by psychological aspects of decision making.

Ruslan CHETVERIKOV. The investment project experiences in the Republic of North Osetia-Alania

All regions of Russia are facing the task of searching independent local resources of economic development. This task is particularly complicated in the North Caucasus republics as their economies depend crucially on the federal budget financing.

Rashida DAVYDOVA. Investments in natural resources exploitation (the end, continued from ¹ 4, 2002)

 

Investment TECHNOLOGIES

Evgeni ALESHIN. The procedure of determining cost of concession project rights

This right cost primarily depends on the kind of cost and the type of concession granted objects. The offered procedure can be used both by the receiving country representatives and the concessionaires.