Category Archives: economics

Strategic Sectors Law Update – Second Commission Meeting of 2012

On July 30, 2012, PM Medvedev chaired a session of the Commission on Foreign Investment. This is the second Commission meeting of 2012, but the first chaired by Medvedev. In his remarks, Medvedev largely rehashed Putin’s presentation at his last … Continue reading

Posted in Business and Economy, Dmitry Medvedev, economics, FAS, fish, Foreign direct investment, foreign investment, goskorporatsii, infrastructure, Law, legal update, Medvedev, offshore, oligarchs, russia, Russian economy, state corporations, strategic industries, Vedomosti

Strategic Sectors Law Update – Second Meeting of 2011

On July 20, 2011, the Commission on Foreign Investments met for the second time this year and reviewed 13 applications from foreign investors wishing to pursue business projects in Russia. Deals Reviewed Total S.A.–20.5%–>OAO “Yamal LNG” This is part of … Continue reading

Posted in Business and Economy, economics, Foreign direct investment, foreign investment, Gazprom, Gazprombank, Law, legal update, legislation, Novatek, offshore, oligarchs, russia, Russian economy, strategic industries, Timchenko

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

Behold! The New Russian Smartphone

Medvedev: “I can’t even tell where to press.” Chemezov: “It is still a prototype.” Medvedev: “But this is entirely our product, which will be produced in our factories?” Chemezov: “For now, unfortunately, we will only be able to make it … Continue reading

Posted in Business, Business and Economy, Chemezov, Dmitry Medvedev, Economic development, economics, Foreign direct investment, foreign investment, goskorporatsii, krysha, Medvedev, President Medvedev, Rostekhnologii, russia, Russian economy, siloviki, state corporations | 3 Comments

What’s Wrong with Russia? – Intro

A lot of ink is spilled over this question in Western – especially American and British – media outlets and think tanks.  The meme is so pervasive that it is nearly impossible to discuss Russia without at least one reference … Continue reading

Posted in Business and Economy, Cold War, crisis, democracy, Economic development, economics, elections, foreign investment, media, oil, rankings, reform, rule of law, russia, Russian economy | 3 Comments

Review: OECD Russia Economic Survey 2009

I really couldn’t wait for this publication to be released, and I’ve been checking the OECD site every day to see if they accidentally posted it before the scheduled July 15 release. The OECD’s conclusions and recommendations in such reports … Continue reading

Posted in economics, oecd, Russian economy | 2 Comments

Russia’s Economic Crisis – Oil Revenues and International Reserves (or Where Did All the $$$ Go?)

In my first post, I wrote that Russia’s economic troubles were largely the product of short-term factors, specifically the excessive reliance on foreign bank loans by major Russian enterprises and the sudden collapse in the price of oil. These problems … Continue reading

Posted in economics, foreign investment, oil, reserves, Russian economy | 1 Comment