Category Archives: Economic development

How the ‘Experts Case’ Explains Everything that’s Happening in Russia Right Now

As covered in the previous post, in June a prominent Russian economist – Sergey Guriev – fled Russia after investigators began targeting him in the case of a 2011 report on the human rights implications of Mikhail Khodorkovsky’s ongoing incarceration. … Continue reading

Posted in Bastrykin, Chaika, criminal law, Dmitry Medvedev, Economic development, economics, Government of Russia, Guriev, investigative committee, legislation, Medvedev, mvd, officials, prosecutor general, Putin, rule of law, russia, Russian economy, siloviki, u.s.-russia relations, Vladimir Putin | 2 Comments

Strategic Sectors Law Update – First Commission Meeting of 2013 and Amendments to Law

On April 19, PM Medvedev held the first Foreign Investment Commission meeting of 2013. At the outset, Medvedev noted that Russia received over $50 bln in FDI inflows over the course of 2012. This statement is drawn from Central Bank … Continue reading

Posted in Business, Business and Economy, Economic development, economics, Foreign direct investment, foreign investment, Government of Russia, Law, legal update, legislation, pharma, russia, strategic industries

Strategic Sectors Law Update – Third Commission Meeting of 2012

On November 28, 2012, PM Medvedev chaired a session of the Commission on Foreign Investment, the third time the Commission has met this year. Changes to Russia’s Business Environment In his prepared remarks, Medvedev noted Russia’s recent improvement in the … Continue reading

Posted in Business and Economy, Dmitry Medvedev, duma, Economic development, FAS, federal laws, Foreign direct investment, foreign investment, Government of Russia, Law, legal update, legislation, offshore, Russian economy, strategic industries

Truth or Consequences – IKEA as a Case Study of Russia’s Miserable Investment Climate

Earlier this year I wrote about IKEA’s corruption problems in Russia.  Two senior managers were fired after Swedish media reported that the managers had approved a bribe payment by their general contractor in order to obtain electricity service for a … Continue reading

Posted in bribery, bribes, bureaucracy, Business, Business and Economy, corruption, Economic development, Foreign direct investment, foreign investment, IKEA, officials, russia, Russian economy | 3 Comments

What’s Wrong with Russia – Part I – Infrastructure

[Note: this the first in a series of posts covering what are, in my opinion, the most significant examples of 'what is wrong with Russia]. I’m not starting with the subject of infrastructure because it is necessarily the most significant … Continue reading

Posted in Business, Business and Economy, corruption, Economic development, economics, Foreign direct investment, foreign investment, Government of Russia, infrastructure, russia, Russian economy | 9 Comments