nep-cis 2005-07-03 papers

on Confederation of Independent States

Issue of 2005‒07‒03
two papers chosen by
Anna Y. Borodina
Perm State University

Foreign Direct Investment in the Black Sea Area By Ioannis Glinavos
Towards a more coherent oil policy in Russia ? By Sadek Boussena; Catherine Locatelli

Foreign Direct Investment in the Black Sea Area

By:	Ioannis Glinavos (University of Kent at Canterbury)
Abstract:	The Black Sea is a region of vital interest to the foreign investor. This study examines the six countries that border it (Russia, Ukraine, Georgia, Turkey, Romania, Bulgaria) and presents the financial outlook and the foreign direct investment performance of each state. The main focus is on the analysis of the legislation related to the promotion and protection of investments. This is done with the aim of providing information about the opportunities and pitfalls of doing business in the area. The main conclusion is that the Black Sea presents great opportunities that remain largely unrealized. The reasons for this are mainly administrative barriers and the lack of legal certainty and enforcement.
Keywords:	Law, FDI, Russia, Black Sea, Investment, Growth, Development
JEL:	O P
Date:	2005–06–27
URL:	http://d.repec.org/n?u=RePEc:wpa:wuwpdc:0506007&r=cis

Towards a more coherent oil policy in Russia ?

By:	Sadek Boussena (LEPII - Laboratoire d'Economie de la Production et de l'Intégration Internationale - http://www.upmf-grenoble.fr/lepii/ - CNRS : FRE2664 - Université Pierre Mendès-France - Grenoble II); Catherine Locatelli (LEPII - Laboratoire d'Economie de la Production et de l'Intégration Internationale - http://www.upmf-grenoble.fr/lepii/ - CNRS : FRE2664 - Université Pierre Mendès-France - Grenoble II)
Abstract:	Dans le nouveau contexte pétrolier mondial, la Russie tente de définir une stratégie pétrolière plus cohérente et plus équilibrée que celle qui a prévalu dans les années quatre-vingt-dix. Les échecs de la privatisation l'ont conduit à réévaluer en profondeur sa politique pétrolière. Aujourd'hui, deux modèles polaires s'affrontent : un modèle « type OPEP » et un modèle « type norvégien ». Le choix entre ces deux options détermine la position de la Russie vis-à-vis de la politique des prix de l'OPEP.
Keywords:	politique pétrolière;Russie
Date:	2005–06–20
URL:	http://d.repec.org/n?u=RePEc:hal:papers:halshs-00003970_v1&r=cis

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