THERE ARE NO PRECONDITIONS FOR THE INVESTMENT GROWTH IN RUSSIA
Boris Taganov
Russian Economic Development, 2016, issue 7, 13-19
Abstract:
In the short term, Russia will have low investment activity both on the part of foreign and domestic investors due to the low quality of the institutional environment and high risks. Analysis of various indices movement demonstrates that so far there are no preconditions for wide scale private investment in Russia. Safeguarding of the total inviolability of property rights represents major precondition for the improvement of the investment climate in Russia. This basic for the civilized societies in the 21st century condition would have improved the investment climate in the country and would have put Russia on the path of long-term economic growth.
Keywords: Investments; Russian Economy (search for similar items in EconPapers)
JEL-codes: G31 G38 (search for similar items in EconPapers)
Date: 2016
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