Romanova E.M.National Small and Medium-sized Enterprise Fund, Moscow, Russian Federation mola123@yandex.ru ORCID id: not available
Importance The article shows major problems related to attracting U.S. investment to the Russian economy, taking into account 'unfavorable' prospects for cooperation between Russia and the USA. Objectives The purpose is to identify main constraints and problems preventing an increase in the American capital inflow to our economy under counter sanctions. Methods We employ methods of scientific abstraction, statistical analysis on the basis of domestic and foreign literature review. Results The paper unveils positive and negative trends in the Russian-American investment cooperation, identifies problems in attracting foreign direct investment (FDI) of the U.S. transnational corporations to the Russian economy. Conclusions To increase the inflow of U.S. direct investment to strategically significant sectors of our economy and improve the investment cooperation between Russia and the USA, it is necessary to solve essential problems hampering the successful bilateral cooperation, on condition that sanctions against our country be lifted. Russia should have a policy to develop methods of attracting capital to our country based on the principle of deterring FDI inflows to strategic sectors (as it is practiced by Japanese, Chinese, and Korean governments). Further prospects for bilateral investment cooperation are very uncertain. The United States does nothing to improve Russia–U.S. relations, much less to propel them to the next level. The article may be of interest to experts of the world economy, academic researchers, postgraduates and students majoring in economics and finance.
Keywords: foreign direct investment, UNCTAD, financial globalization, counter sanction, Bureau of Economic Analysis
References:
Supyan V.B. [USA in the World Economy at the Beginning of 21st Century]. SShA i Kanada: ekonomika, politika, kul'tura = USA v Canada: Economics, Politics, Culture, 2008, no. 1, pp. 3–16. (In Russ.)
Kolbasnikova A.V. [Problems of attracting foreign investment in the Russian economy]. Molodoi uchenyi = Young Scientist, 2016, no. 26, pp. 315–318. (In Russ.)
Makovetskii M.Yu. [International transactions of capital under conditions of financial globalization]. Omskii nauchnyi vestnik = Оmsk Scientific Bulletin, 2015, no. 1, pp. 179–183. (In Russ.)
Lam K.-Ch. Did Abenomics' Two Arrows Hit the Bulls? Journal of Applied Finance & Banking, 2015, vol. 5, no. 3, pp. 47–61. URL: Link
Buckley P.J., Casson M.C. The internalisation theory of the multinational enterprise: A review of the progress of a research agenda after 30 years. Journal of International Business Studies, 2009, vol. 40, iss. 9, pp. 1563–1580.
Konings J. The effects of direct foreign investment on domestic firms: Evidence from firm level panel data in emerging economies. URL: Link
Kokko A. Technology, market characteristics, and spillovers. Journal of Development Economics, 1994, vol. 43, iss. 2, pp. 279–293. URL: Link90008-6
Goncharov V.V. V poiskakh sovershenstva upravleniya: Rukovodstvo dlya vysshego upravlencheskogo personala: Opyt luchshikh promyshlennykh firm SShA, Yaponii i stran Zapadnoi Evropy [In search оf management efficiency: A guide fоr tоp management personnel: Best practices of the best industrial firms of the USA, Japan, and Western Europe]. Moscow, Suvenir Publ., 1993, 487 p.
Nalivaiko P.N. [Russian-American relations at the present stage: There was a 'reboot'?]. Oikumena. Regionovedcheskie issledovaniya = Оjkumena. Regional Researches, 2010, no. 4, pp. 114–121. URL: Link (In Russ.)
Leont'eva E.L. [Japanese Economy in 2012–2013. The New Economic Policy]. Yaponiya. Ezhegodnik = Yearbооk Japan, 2013, no. 42, pp. 60–72. URL: Link (In Russ.)
Romanova E.M. [American direct investment in the economy of Japan]. SShA i Kanada: ekonomika, politika, kul'tura = USA v Canada: Economics, Politics, Culture, 2007, no. 9, pp. 87–105. (In Russ.)
Alekseev A.S., Panteleev S.S., Golodaev D.M. et al. [Specifics of the modern Russian management style]. Kontsept, 2016, no. S43, pp. 180–184. (In Russ.) URL: Link
Badmaeva S.V., Timofeeva E.K. [The influence of "Russian mentality" on the style of Russian management]. Psikhologicheskaya nauka i obrazovanie = Psychological Science and Education, 2010, no. 5, pp. 68–76. (In Russ.)
