Direct Foreign Investment and Demographic Policy in the Russian Far East. / Inversión extranjera directa y política demográfica en el Extremo Oriente de Rusia

  • Olga V. Gordyachkova North-Eastern Federal University named after M.K. Ammosov
  • Tatyana S. Rotar North-Eastern Federal University named after M.K. Ammosov
  • Larissa I. Danilova North-Eastern Federal University named after M.K. Ammosov
Palabras clave: Demographic policy, foreign direct investment, investment climate, the Russian Far East, política demográfica, inversión extranjera directa, clima de inversión, el Extremo Oriente ruso.

Resumen

ABSTRACT

 The article deals with the problem of attracting foreign direct investment to the economy of the Russian Far East, which is the priority area of the country's socio-economic strategy.  The results show a stable dynamic of foreign direct investment despite economic sanctions imposed on Russia. The key challenges in the development of the Far Eastern region are the quality of labor and its availability and profitability of enterprises. The article outlines the main mechanisms of realizing the demographic policy, which have been proposed in 2018, as well as measures aimed at increasing the profitability of enterprises in the region.

 RESUMEN

 El artículo aborda el problema de atraer la inversión extranjera directa a la economía del Extremo Oriente ruso, que es la esfera prioritaria de la estrategia socioeconómica del país. Los resultados muestran una dinámica estable de inversión extranjera directa a pesar de las sanciones económicas impuestas a Rusia. Los desafíos clave en el desarrollo de la región del Extremo Oriente son la calidad de la mano de obra y su disponibilidad y rentabilidad de las empresas. El artículo describe los principales mecanismos de realización de la política demográfica, que se han propuesto en 2018, así como las medidas destinadas a aumentar la rentabilidad de las empresas en la región.

 


Citas

Adler, M., Hufbauer, G.C. (2008). Policy liberalization and FDI growth, 1982 to 2006. Retrieved May 26, 2018 from https://piie.com/publications/wp/wp08-7.pdf

Aharoni, Y. (1966). The foreign investment decision process. Harvard Business School, Boston.

Akgun, L., Hopoglu, S., Kunu, S. (2015). Foreign direct investment in Russia: Unfavorable investment climate, uneven distribution, International Journal of Academic Research in Business and Social Sciences. 5(8): pp. 172-183.

Alfaro, L. (2003). Foreign direct investment and growth: Does the sector matter? Retrieved May 26, 2018 from http://www.grips.ac.jp/teacher/oono/hp/docu01/paper14.pdf

Aliber, R.Z. (1970). A theory of direct foreign investment, in: C.P. Kindelberger, ed. The international corporation, pp. 12-36, MIT Press, Cambridge.

Balasubramanyam, V.N., Greenaway, D. (1994). East Asian foreign direct investment in the EC, in: V.N. Balasubramanyam, D. Sapsford, eds. The economics of international investment, Edward Elgar Publishing, Cornwall.

Balatsky, E.V. (2011). Foreign investments and economic growth: Theory and practice of research, Capital of the Country. Retrieved May 26, 2018 from http://kapital-rus.ru/articles/article/183894

Balatsky, E.V. (2012). Foreign direct investment and domestic investment activity, Capital of the Country. Retrieved May 26, 2018 from http://kapital-rus.ru/articles/article/pryamye_inostrannye_investicii_i_vnutrennyaya_investicionnaya_aktivnost/

Blank, I.A. (2002). Investment management. Elga-N, Nika-Center, Kyiv.

CEFIR. (2013). The impact of foreign direct investment on the socio-economic development of the Far East of Russia. Retrieved May 26, 2018 from http://cre.ranepa.ru/wp-content/uploads/2014/06/2013.10.-The-Impact-of-Foreign-Direct-Investment-on-the-Socio-Economic-Development-of-the-Far-East-of-Russia_Kinross.pdf

Central Bank of Russia. (2018). Foreign direct investment database. Retrieved May 26, 2018 from http://www.cbr.ru/statistics/?PrtId=scs

Doing Business. (2017). Ease of doing business in Russian Federation. Retrieved May 26, 2018 from http://www.doingbusiness.org/data/exploreeconomies/russia

Dunning, J.H. (1980). Towards an eclectic theory of international production: Some empirical tests, Journal of International Business Studies. 11(1): pp. 9-31.

Dunning, J. H. (1988). The eclectic paradigm of international production: A restatement and some possible extensions, Journal of International Business Studies. 19(1): pp. 1-31.

Ernst & Young. (2013). Ernst & Young’s attractiveness survey Russia 2013. Shaping Russia’s future. Retrieved May 26, 2018 from https://www.ey.com/Publication/vwLUAssets/EY-russia-attractiveness-survey-eng/%24FILE/EY-russia-attractiveness-survey-eng.pdf

Ernst & Young. (2015). Investment climate in Russia: Foreign investor perception. Retrieved May 26, 2018 from http://investinrussia.com/image/EY-investment-climate-in-russia-2015-eng.pdf

Estrin, S. (2017). Foreign direct investment and employment in transition economies, IZA World of Labor. Retrieved May 26, 2018 from https://wol.iza.org/articles/foreign-direct-investment-and-employment-in-transition-economies/long

Expert Rating Agency (RAEX). (2017). Regional investment climate – 2017. Retrieved May 26, 2018 from https://raexpert.ru/ratings/regions/2017

Expert Rating Agency (RAEX). (2018). Method of rating the investment attractiveness of the Russian regions. Retrieved May 26, 2018 from https://raexpert.ru/docbank//109/d31/3e8/5564b5d35605a92af9b47c6.pdf

Federal Service of State Statistics. (2017a). Russian statistical yearbook. Retrieved May 26, 2018 from http://www.gks.ru/free_doc/doc_2017/year/year17.pdf

Federal Service of State Statistics. (2017b). Regions of Russia. Socio-economic indicators. Retrieved May 26, 2018 from http://www.gks.ru/wps/wcm/connect/rosstat_main/rosstat/ru/statistics/publications/catalog/doc_1138623506156

Feldstein, M.S., Horioka, C.Y. (1979). Domestic savings and international capital flows. Retrieved May 26, 2018 from http://www.nber.org/papers/w0310.pdf

Fry, M.J. (1994). Malaysia’s inverse saving-investment correlation: The role of public and foreign direct investment, in: V.N. Balasubramanyam, D. Sapsford, eds. The economics of international investment, Edward Elgar Publishing, Cornwall.

Goskomstat. (2001). Russian statistical yearbook 2001. Retrieved May 26, 2018 from http://istmat.info/node/21317

Government of the Russian Federation. (2014). Decree of April 15, 2014 No. 308 "On the approval of the state program of the Russian Federation 'Social and economic development of the Far East and the Baikal region'". Retrieved May 26, 2018 from http://docs.cntd.ru/document/499091773

Government of the Russian Federation. (2017). Decree of June 20, 2017 No. 1298-r "On the Approval of the Concept of the Demographic Policy of the Far East for the Period until 2025". Retrieved May 26, 2018 from http://docs.cntd.ru/document/436744671

Hymer, S.H. (1976). The international operations of national firms: A study of direct foreign investment. MIT Press, Cambridge.

Knickerbocker, F.T. (1973). Oligopolistic reaction and multinational enterprise. Harvard University Press, Boston.

Kuzmina, O., Volchkova, N., Zueva, T. (2014). Foreign direct investment and governance quality in Russia. Retrieved May 26, 2018 from https://www.nes.ru/dataupload/files/CV/Papers/JCE%20Kuzmina%20Volchkova%20FDI.pdf

Makarov, I. A., Morozkina, A. (2015). Regional dimension of foreign direct investment in Russia, in: R. Flores, ed. Drivers of regional integration: Value chains, investment and new forms of co-operation, pp. 45-71, Economic Policy Forum (EPF) and South African Institute of International Affairs (SAIIA), Johannesburg.

Milner, C., Pentecost, E. (1994). The determinants of the composition of US foreign direct investment in UK manufacturing, in: V.N. Balasubramanyam, D. Sapsford, eds. The economics of international investment, Edward Elgar Publishing, Cornwall.

Moran, T.H., Graham, E.M., Blomström, M., eds. (2005). Does foreign direct investment promote development? Peterson Institute for International Economics, Washington.

Panaseikina, V.S. (2010). Evaluation of the investment attractiveness of territorial entities: basic concepts, Society: Politics, Economics, Law. 2: pp. 27-32.

Pogodina, Т.V. (2017). Foreign direct investment and its impact on the socio-economic development of Russian regions, Economy. Taxes. Right. 2: pp. 58-64.

Radomska, E. (2017). Russia invests in the development of the Russian Far East, Central European Financial Observer. Retrieved May 26, 2018 from https://financialobserver.eu/cse-and-cis/russia-invests-in-the-development-of-the-russian-far-east/

Sholomitskaya, E.V. (2017). The impact of key macroeconomic shocks on investment in Russia, Economic Journal of the Higher School of Economics. 21(1): pp. 89-113.

Smaglyukova, T.M. (2007). Methodology for a comprehensive assessment of the investment attractiveness of the regions taking into account their industry specialization, Problems of Modern Economy. 3: pp. 311-314.

Starodubtseva, E.B. (2014). Foreign investment in Russia in modern conditions, Financial Analytics: Problems and Solutions. 47(233): pp. 15-23.

Vercueil, J. (2013). Foreign direct investments in Russia, Economics. 3: pp. 61-72.

Vernon, R. (1974). The location of economic activity, in: J.H. Dunning, ed. Economic analysis and the multinational enterprise, pp. 89-114, Routledge, London.

World Investment Report. (2012). Towards a new generation of investment policies. Retrieved May 26, 2018 from http://www.unctad-docs.org/files/UNCTAD-WIR2012-Full-en.pdf

Cómo citar
Gordyachkova, O. V., Rotar, T. S., & Danilova, L. I. (1). Direct Foreign Investment and Demographic Policy in the Russian Far East. / Inversión extranjera directa y política demográfica en el Extremo Oriente de Rusia. Utopía Y Praxis Latinoamericana, 23(82), 329-344. Recuperado a partir de https://produccioncientificaluz.org/index.php/utopia/article/view/32244