This book focuses on the impact of foreign investment on selected
sectors of two key transition economies - Russia and the Ukraine -
to explain the effect of foreign direct investment on the
transitional economy. It examines how key Western players in the
international investment business have chosen whether to invest in
the former Soviet Union and applies these findings to sectors
within Russia and the Ukraine. Whilst recognizing the tremendous
importance of foreign direct investment (FDI) as a means to upgrade
technology in transition conditions, the study also examines the
importance of FDI in internationalizing production. The authors
question the difference globalization can make to a transition
economy in a situation where domestic investment is not recovering,
and where there is still no clear-cut upward trend in levels of
production.
General
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