CONTENTS

Volume 11, 2005

INVESTMENT CLIMATE

Rudolf ZIMENKOV. Experience in organizing and running free economic zones in Latin America and Caribbean countries

This region is one of the first to set up practically all types of FEZ. Now there successful experiments with new types of FEZ are underway. The FEZ are fostering achievement of better macro-economic indices in the regional economies and their engagement in the global economy.

Galina KOLODY. Dynamics of direct foreign investment in the leading economies of Central and East Europe

The favourable investment climate in these countries is being created due to promotion and regulation of DFI. A detailed study of regulation of foreign investment is also of extreme importance for Russia today.

Mario PETROVSKY. National and regional aspects of Russia’s investment climate as viewed by Western investors

The dominance of red tape and corruption can be diminished only by overhauling the administrative system including optimization of the state management transparency and responsibility of the federal and regional executive bodies. This reform would be favourable for home and Western investors in the production sector.

INVESTMENT MARKET

Victor MOSKVIN. Six conditions for achieving socially necessary labour costs

The author defines the problems to be solved in order to ensure these conditions in the existing business environment.

Leonid RATHKEEN. Investment in technologies of submarine equipment production

Unique technologies are crucial for production of submarine equipment required for ship building and repairs.

INVESTMENT TECHNOLOGIES

Oleg SUKHAREV, Sergei SHMANIOV. Model investment in the economy intellectual systems

The authors attempt to change the classic approach to modeling and forecasting the intellectual systems development, like Russia’s higher education, basing on the investment process kinetics and difference of various structures development rate.

Irina KOZHINA, Victor MOSKVIN. Regulation of overdue debts of federal entities and municipalities

Commercial banks are well aware of inability and reluctance of some federal entities and municipalities to bear responsibility on their liabilities. So the banks are wary to the regional loan market, particularly, due to vague laws on the matter in case.

Baatr OCHIROV. Assessment of the investment potential of complex mineral resource development projects

INNOVATION

Nikolai SHAKHRAMANIAN. The factor of intellectual monopolization

So far there is no quantitative expression of the intellectual monopolization factor in science and technology using patents of inventions and useful models. The author fills the want.

REFERENCE and ADVICE

Albert ALEXEYEV. The global economy: two globalization concepts