The Woodrow Wilson Center Press
Russian-Eurasian Renaissance? U.S. Trade and Investment in Russia and Eurasia
The book begins by examining the overall trade and investment outlook in Russia and Eurasia. It then takes up critical sectors: energy, aerospace, automobiles, agriculture, and telecommunications. It turns to current institutional impediments to trade and investment such as problems in corporate governance, the banking system, and the rule of law. The final chapters look to the future and assess the prospects for economic reform, the movement to join the World Trade Organization, and the impact of political dynamics in the region.
The experts are joined by Georgian President Eduard Shevardnadze and former Russian Prime Minister Yegor Gaidar, who in their forewords acknowledge not only the crucial importance of trade and investment for the future but also the necessity of bringing the integrity of institutions up to international standards. A third foreword by the former chairman of the House Foreign Affairs Committee, Congressman Lee H. Hamilton, stresses the place of commerce in economic growth and in the integration of Russia and Eurasia with the world community.
What People are Saying
"This timely and valuable book provides a fresh and highly informative understanding of Russia's and Eurasia's integration with the world economy. It does so at a critical time, in light of new strategic and economic realities."--Daniel Yergin, Chairman, Cambridge Energy Research Associates
"This book covers an enormous amount of ground in a very accessible way. It should be of value to anyone in the field, generalist or specialist."--Jeffrey L. Garten, Dean, Yale School of Management
"This excellent book from a star quality cast of contributors in an invaluable guide to both the perplexed and the proficient investor and trader. Never before has so much useful information on the recent history and analysis of the investment and trade picture and climate in Russia been brought together. This is a 'must read' for anyone interested in doing serious business in the new and emerging Russia and the former states of the old Soviet Union.".--Thomas R. Pickering, Senior Vice President, Boeing Company, and former Under Secretary and U.S. Ambassador to the Russian Federation
Eurasian Foreword, by Eduard Shevardnadze American Foreword, by Lee H. Hamilton Russian Foreword, by Yegor Gaidar Acknowledgments Introduction, by Jan H. Kalicki and Eugene K. Lawson Part I. Commerce with Russia 1. Russia's Investment Outlook, by Z. Blake Marshall 2. Expanding U.S.-Russian Trade, by Susanne S. Lotarski 3. Regionalism or Globalization? by Maxim Y. Medvedkov Russian Commentary, by German O. Gref, Minister of Economic Development and Trace of the Russian Federation Part II. Commerce with Eurasia 4. The Investment Climate in Central Asia and the Caucasus, by S. Frederick Starr 5. Trade Issues in U.S. Dealings with Eurasia, by Sarah C. Carey 6. Caspian Futures, by Steven R. Mann Eurasian Commentary, by Temur Basilia, Assistant to the President of Georgia on Economic Issues Part III. Economic Drivers 8. The Energy Locomotive, by Paul F. Hueper 9. Aerospace, by Ruth R. Harkin 10. Automotive Sector, by Scott M. Blacklin 11. Agriculture and Agriculture, by Christian J. Foster and Asif J. Chaudry 12. Telecommunications, by Augie K. Fabela II Eurasian and Russian Commentary, by Vladimir Shkolnik, Minister of Energy and Mineral Resources and former Deputy Prime Minister of Kazakhstan Part IV. The Constraints for Russia and Eurasia 13. Systemic Risk Factors in Russia and Eurasia, by Mark F. Brzezinsky 14. Corporate Governance and Rule of Law, by Richard N. Dean 15. The Banking System, by Juliet Johnson 16. Oligarchic Capitalism in Russia, by David E. Hoffman Russian and Eurasian Commentary by Dmitry V. Vasiliev, former Chairman, Russian Federal Commission on the Securities Market Part V. Prospects for the Future 17. Eventual Success of Market Reform, by Anders Åslund 18. Trade Agreements and the WTO, by Catherine A. Novelli 19. The Political Dynamic, by Toby T. Gati and Tapio L. Christiansen Eurasian Commentary, by Sodiq S. Safaev, Foreign Minister of Uzbekistan Russian Commentary, by Yevgeniy G. Yasin, former Russian Minister of Economy 20. Conclusion, by Jan H. Kalicki and Eugene K. Lawson About the Contributors Glossary Index