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Russia - Research Paper

Russia


, a vast country with a wealth of natural resources, a well, educated population, and diverse industrial base, continues to experience, formidable difficulties in moving from its old centrally planned economy to a modern market economy. President Yeltsin’s government has made substantial strides in converting to a market economy since launching its economic reform program in January 1992 by freeing nearly all prices, slashing defense spending, eliminating the old centralized distribution system, completing an ambitious voucher privatization program, establishing private financial institutions, and decentralizing trade. , however, has made little progress in a number of key areas that are ...

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The n Federation continues to pursue a program of dramatic economic, political and social transformation. Despite President Yeltsin’s successful re-election campaign, continued economic reform remains subject to the influence of the communist controlled State Duma (the n parliament). Even the most optimistic scenarios envision a protracted process as continues the task of fashioning a legal foundation for commerce, rationalizing the regulatory and taxation regimes with which businesses must comply, and completing the task of creating from scratch a highly effective and consistent customs administration. The duration and final outcome of this process are still uncertain. Consequently, offers U.S. business both high risk, and potentially high rewards.
n firms and customers admire U.S. technology and know-how, and generally are interested in doing business with U.S. companies. At the same time, there is a tendency in some quarters to suppose that the U.S. is responsible ...

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particularly outside the major cities Moscow and St. Petersburg.
Western Europe’s share of exports to Russia is comparable to their share of direct investment in Russia: in each case they contribute around 40% of the total. The U.S., o the other hand, accounts for only 8% of Russian imports but contributes 29% of the Direct investment. There is a clear contrast between the trade oriented policy of Western European countries vis-à-vis the Russian Federation, and the U.S. approach.
Distributors in America expect-defined distribution channels, relentless competition, and million dollar advertising budgets. Distributors in Russia, by contrast, encounter primitive, erratic distribution, ...

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"Russia." Essayworld.com. May 3, 2008. Accessed April 25, 2024. http://www.essayworld.com/essays/Russia/83058.
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PAPER DETAILS
Added: 5/3/2008 11:26:15 AM
Category: Geography
Type: Premium Paper
Words: 1384
Pages: 6

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