CONTENTS

Volume 11, 2003

Investment CLIMATE

Constantin SANIN. Monetary regulation of Russian investments in Belarus economy

Current problems of monetary regulation and their possible solutions by introduction of the Russian ruble as the only means of payment.

Mikhail ELIZAVETIN. Drawing direct foreign investment to China: lessons for Russia

Consistent reforms carried out in China since 1978 provided a high rate of economy growth and resulted in the national economy radical transformation. Beside the policy of a progressive opening of the national economy the main factor of this dramatic dash is the lifting of the bars from the foreign investment influx and improving the investment climate.

Investment MARKET

Victor MOSKVIN. Probable quality of products from implemented projects

This quality actually determines decisions on financing investment projects. The analysis of expected product quality done by an investor or a bank reduces the risk of a financial failure.

Elena ASTAKHOVA. The investment potential of the North-West federal district: a regional insight

The economic functions of federal districts will augment in due course. Yet even if the president’s plenipotentiaries fulfill their main mission of matching the regional laws with the federal ones their positive effect on the regional investment climate will be irrefutable.

Yana DERYABINA. Foreign investment in the Sverdlovsk region

Analysis of foreign investment involved in the regional economy. The ratio of authorized capital to the number of enterprises with foreign investments . Dynamics of foreign investment in the region during 1995 - 2001.

Elchin SAFAROV. Russian part in world integration processes

According to the majority of experts in the 21^st century the importance of international regional organizations will rise due to: first, deepening the world integration, second, its expansion. In future the global organizations, like the UNO, WMF, WTO, World bank, will lose their significance in settling world political and economic disputes.

Valeri ORESHKIN. Russian part in world migration processes

After the Soviet Union collapse Russia faced a number of social and political problems caused by migration of labor resources from and to the Russian territory.

Investment TECHNOLOGIES

Oleg SUKHAREV, Ekaterina ONISHCHENKO. Control of factors affecting the industrial development

The principle economic indices indicate the conditions of industries performance and their ability to receive investments. Dynamics of these indices discloses certain regularities of industrial systems operation in Russia today.

Valentin ALGIN. Principles of project document elaboration

When elaborating the project documents and evaluating investments it is recommended to follow principles similar to those used in accounting practice.

Pavel BURKOV. Risks of decisions on financing the distributed production projects

Innovation

Nikolai SAVCHUK. Innovation development as the base of the Russian competitive iron and steel industry

The Russian economy, as a closed system, after 1992 was compelled both to master market institutional mechanisms and to adapt to competition in trade which required the sustained production of competitive products in the long run.