This new book brings together an international group of contributors to present a timely and comprehensive analysis of FDI to and from Russia. The book assesses the impact of the changed international political situation on foreign firms operating in Russia, and explores how the new world context has affected Russian investments abroad. The book also considers the future relationship between Russian corporations and the EU and the USA in light of recent events. This book answers an array of key questions including: how have investments from and to Russia developed in the last 100 years; how are Russian businesses spreading to foreign countries through their indirect investments; and how is the Russian Government influencing the investments of Russian businesses abroad?
This volume is of great interest to those who study international economics, modern world economy, and FDI, as well as those interested in international investment movements and the changing role of Russia in international business and the global economy.
Kari Liuhto is Professor of International Business at the Turku School of Economics, the University of Turku, Finland.
Sergei Sutyrinis Professor and Head of the World Economy Department, Saint Petersburg State University, and the WTO chair holder since 2010.
Jean-Marc F. Blanchardis Distinguished Professor at the School of Advanced International and Area Studies, East China Normal University, China, and Executive Director at the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations, USA.
Organized around eras of global economic development, the text synthesizes research on the internationalization of firms, highlighting crucial turning points in the evolution of the international economy. A particular emphasis is placed on the relationship between historical evidence and the theoretical frameworks available for its interpretation. Each period is illustrated by a selection of short case studies from a variety of industry sectors, including the Levant Company, Nestlé, Singer, Saint Gobain and NEC.
An essential textbook for courses in business and economic history, this book will also be a valuable resource for scholars and students of international business more generally.