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There Are No Preconditions For The Investment Growth In Russia

Author

Listed:
  • Taganov Boris

    (Gaidar Institute for Economic Policy)

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.

Suggested Citation

  • Taganov Boris, 2016. "There Are No Preconditions For The Investment Growth In Russia," Russian Economic Development, Gaidar Institute for Economic Policy, issue 7, pages 13-19, July.
    • Handle: RePEc:gai:recdev:recdev-2016-7-694
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    File URL: https://iep.ru/files/RePEc/gai/recdev/recdev-2016-7-694.pdf
    File Function: Revised version, 2016
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    More about this item

    Keywords

    Investments; Russian Economy;

    JEL classification:

    • G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies
    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation

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