CONTENTS

Volume 3, 2004

Investment CLIMATE

Rudolf ZIMENKOV. Direct US investments in the Russian economy

Practically all industries of the Russian economy want vast investment resources. Despite a certain upgrade of the investment structure as a whole it remains unfavorable and inadequate to the age and condition of capital assets. The home investment is insufficient to improve the situation. Yet the foreign investors do not haste to expand their operations on the Russian market. They demand more stability, transparency, and consistency in the Russian investment policy. (The end beginning in No. 2)

Yakov BERGER. Use of foreign investment in China

The investment strategy of China aimed at the country modernization, establishing the medium welfare society and integration into the global economy involves both the national (state and private) and the foreign capital. Each of them plays the specific unique part.

Investment MARKET

Victor MOSKVIN. Russia’s strategic competition ability and the business quality management

The forecast of Russia’s strategic competition ability for 2020. A probable scenario of global development up to 2050. The value of forecasts. The place of Russia in the future world depends on the business quality management.

Alexandr BRAGIN. The commercial banks’ part in investing in the real economy

Scientists and businessmen discuss and offer a variety of contradictory approaches to solving the problem. The author thinks advisable to discern two general approaches focusing on major contradictions of the matter discussed.

Leonid RATHKEEN. Investments in production of air and water treatment systems in the Russian defense industry

The Russian and foreign investors are not too eager to invest in the environment protection projects. To change the situation for the better the investment terms must be upgraded through adequate legislation acts.

Investment TECHNOLOGIES

Valentina STIAZHKINA, Dmitri LAPSHIN. A portfolio approach to investment projects

In order to determine the portfolio risk the authors offer to use a combined SARM and cumulative approach.

Innovation

Oleg SUKHAREV, Irina TATARINTSEVA. Function and dysfunction of economic systems: innovation, innovators and economic politics

«Standard» approaches to the economy management. Function and its reproduction. Dysfunction and its overcoming. The problem of the theoretical explanation of a new economic reality and management. To control the «institutional trap» or to overcome the system dysfunction?

Gennadi ZINCHENKO, Boris ZINCHENKO. Reproduction management in K. Marx numerical schemes

Reference and advice

Leonid SUMAROKOV. About one press-conference on the UNO problems