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Attracting Foreign Investment in Russian Car Industry

Author

Listed:
  • Tatyana A. Vityutina

    (Kaluga Branch of the State University of the RF Ministry of Finance, Kaluga, Russia)

  • Tatyana E. Pirogova

    (Kaluga Branch of the State University of the RF Ministry of Finance, Kaluga, Russia)

Abstract

The article discusses regulation of foreign car manufacturers in our country. Analysis of the data of General Motors, Volkswagen, Peugeot, Citroën, Mitsubishi Automobiles Rus systemizes the localization of production issues relevant to Russia. Lessons learnt from establishment of a car industry cluster and its impact on economic development of the region are analyzed using Kaluga Oblast as an example. Analysis of development of the main business dimensions of the foreign car manufacturers in Russia is presented.

Suggested Citation

  • Tatyana A. Vityutina & Tatyana E. Pirogova, 2011. "Attracting Foreign Investment in Russian Car Industry," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 3, pages 57-68, July.
  • Handle: RePEc:fru:finjrn:110305:p:57-68
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    More about this item

    Keywords

    foreign investment; car industry; state regulation; localization of production; cluster;
    All these keywords.

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements

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