Can an investment climate be improved from the top down?
The Russian government has proposed that all state-owned companies pay out the same level of dividends, but this is contrary to the behavior of companies in the free market. The […]
Read MoreMedvedev tries branding the way to an IFC
Russia’s attempts to make Moscow an international financial center have been met with skepticism by some experts. In his ongoing quest to develop Moscow into an International Financial Center (IFC), […]
Read MoreTaking Stock: Stabilization Fund Looks for a New Investment Strategy
Although Russia reaped much criticism recently for consolidating its energy sector under state control, its management of windfall oil revenues has been more politically and economically correct. The value of […]
Read MoreSwitchover to IAS No Smooth Sailing
Following Prime Minister Mikhail Kasyanov’s announcement in July that all Russian enterprises must switch to international accounting standards from Jan. 1, 2004, demand for Western-style auditing in Russia looks set […]
Read MoreRussia 1998 Annual Report
Ian Pryde was sole author of the 200-page report: Russia 1998: Annual Report on Government, Economy, the Business Environment, Capital Markets and Industry, with Forecasts through end-2000. Russia 1998 contains […]
Read More