Foreign investments of russian companies: Competition with West European and East Asian multinationals

Abstract

Why does Russia need capital exports amid the current investment recession within the country? RAS Corresponding Member A.V. Kuznetsov gave a substantiated answer in his presentation at a meeting of the RAS Presidium. Resting on the results of his survey conducted at the RAS Institute of World Economy and International Relations, the presenter highlighted the main problems of foreign investments by Russian multinational companies that arose or aggravated after the change of power in Ukraine and the beginning of the “war of sanctions” with the West. He paid special attention to the competition of Russian companies with West European and East Asian multinationals, suggesting a typology of Russian companies that invest abroad and formulating the main objectives for government regulation of this activity.