The Russian ODI and FDI Promotion Strategy of Korea

Jae-Young Lee (), Jiyoung Min (), Seong Bong Lee () and Alexey Kuznetsov ()
Additional contact information
Jae-Young Lee: Korea Institute for International Economic Policy
Jiyoung Min: Korea Institute for International Economic Policy
Seong Bong Lee: Seoul Women's University
Alexey Kuznetsov: Institute of World Economy and International Relations (IMEMO) of the Russian Academy of Sciences

No 13-14, World Economy Brief from Korea Institute for International Economic Policy

Abstract: Russian overseas direct investment (ODI) has been increasing rapidly in recent years, thanks to the continuous high oil prices phenomenon in the world and political stability in the nation since the early 2000s. Naturally, Russian ODI began to exhibit an upward trend since the early 2000s and rose more steeply from the mid-2000s. The 2008 global financial crisis could not stop the Russian ODI. Rather, it continued with large amount and is expected to keep the trend in the future. The total volume of Russian ODI in stock recorded $362.1 billion at year-end 2011, ranking 15th place in the world. The volume grew more than 18 times of that in 2000. From 2007 to 2011, Russia invested more than $1 billion on the average to 12 countries and $100 million to $1 billion on the average to other 17 countries annually.

Keywords: Russian ODA; FDI In Korea; Russia-Korea Economic Cooperation (search for similar items in EconPapers)
Pages: 7 pages
Date: 2013-04-05
References: Add references at CitEc
Citations:

Downloads: (external link)
http://dx.doi.org/10.2139/ssrn.2320938 Full text (application/pdf)

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:ris:kiepwe:2013_014

Access Statistics for this paper

More papers in World Economy Brief from Korea Institute for International Economic Policy [30147] 3rd Floor Building C Sejong National Research Complex 370 Sicheong-daero Sejong-si, Korea. Contact information at EDIRC.
Bibliographic data for series maintained by Geun Hye Son ().