Setting Priorities for Capital Entry Regulations

Andrei Kuznetsov
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Andrei Kuznetsov: Manchester Metropolitan University

Chapter 5 in Foreign Investment in Contemporary Russia, 1994, pp 112-146 from Palgrave Macmillan

Abstract: Abstract In Russia the recent few years have been marked by an impressive progress in the spreading of a market philosophy. Influenced by the traumatic experience of their country, many Russian statesmen and scholars tend to oversimplify the relationship between state and market and put too much faith in the self-regulatory mechanism of the latter. In the realm of foreign economic relations the belief in the unrestrained superiority of the market may lead to a certain aberration in economic policy as it leads to the conclusion that foreign firms, as representing market forces, should be treated more favourably than national enterprises which clearly carry the legacy of an administrative-command system.

Keywords: Foreign Direct Investment; Foreign Investment; Venture Capital; Foreign Firm; Foreign Capital (search for similar items in EconPapers)
Date: 1994
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37928-2_5

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DOI: 10.1057/9780230379282_5

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