The Baltic States

Philip Hanson

Chapter 9 in Foreign Investment in Russia and Other Soviet Successor States, 1996, pp 232-254 from Palgrave Macmillan

Abstract: Abstract The economies of the former Soviet republics are all, in early 1993, in a mess. Officially-recorded total output in 1992 was around a third less than in 1989. Inflation across most of the former Soviet Union was being reported at the end of the year at around 30 per cent a month (2230 per cent at an annual rate). The commercial legal framework in most of the successor states is weak, or poorly implemented, or both. The machinery of state was working poorly, and the durability of several of the governments was in doubt. In this situation, the Baltic States appeared in early 1993 to foreign investors to be points of light — albeit small and flickering — in the darkness.

Keywords: Foreign Direct Investment; Foreign Investment; Joint Venture; Former Soviet Union; Cash Holding (search for similar items in EconPapers)
Date: 1996
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-24892-6_9

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349248926

DOI: 10.1007/978-1-349-24892-6_9

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().