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Economics Dissertations
C/E/68. Dissertation. Has FDI stimulated economic growth in Russia?
- WORDS:
- 20000
- DATE:
- 2004
- PRICE:
- 209.99 GBP
This work identifies the strength of the relationship between FDI and economic growth in Russia. Russia went through a transitional process in the 1990s from a centrally planned economy to a market economy. The country is full of natural resources and skilled labour, which should have made it a 'golden egg' for the investors. However, although the FDI amounts were high in absolute terms, relative to other transitional economies Russia has attracted very little FDI. Moreover, the work finds that FDI has concentrated in only a few regions within the country, which managed to prosper during the transition. This work discusses the theoretical implications of FDI, its use within the country, possible advantages and disadvantages. The theoretic work is then linked in to the emerging markets economies and the importance of the FDI is identified. Literature review analyses the statistical implications of FDI on the Russian economy through: regional diversification of the investments, effects on employment, balance of payments, real income, production levels, efficiency of enterprises etc. The work is then complemented by detailed primary research, whereby the interviewees give their own opinions on the effect that FDI has had on the Russian economic growth. The conclusions are derived from the analysis of primary research and literature review.
KEYWORDS: dissertation, fdi, stimulated, economic, growth, russia,
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