Kari Liuhto - Böcker

Before the recent Ukrainian crisis, Russia was one of the main sources of foreign direct investment (FDI) outflow and one of the main targets of FDI inflow in the world. However, the events in the Ukraine, the formation of the Eurasian Economic Union, and China’s growing interest in the Russian market and its natural resources have changed the picture completely. 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.

Evaluate the impact of Russia’s global business expansion Since the collapse of the former Soviet Union, tremendous changes have taken place in the Russian Federation’s trade relationship with other countriesespecially with former allies. Expansion or Exodus examines how and why Russian corporations invest outside the country and why most of that money remains abroad as the growth and performance of these companies increases at an accelerated rate. As the Federation moves closer to joining the World Trade Organization, this timely book provides a global view of Russia’s outward expansion, exploring the operations of Russian firms in old, new, and forthcoming European Union member states. Russian corporations have invested 50-70 billion USD abroad in the last five years, with global energy giant Gazprom leading the way. Although some of the Russian money has returned home, most of it remains abroad, largely in the EU and the United States. Many ex-socialist countries fear the Russian government is using its energy companies as foreign policy tools and in some cases, those fears have been grounded. But the outward expansion of Russian firms has become less motivated by politics as non-energy-related companies have begun their internationalization. Expansion or Exodus examines the vital issues surrounding Russia’s outward foreign direct investments, including:how a lower-middle income country has become a net capital exporter how larger export-oriented Russian companies have used Germany as entry to Europe how Russian direct investments in Poland led to corruption and political involvement why foreign direct investments in the Baltic States have been met with suspicion why natural resource-based companies have been main drivers of international growth of Russian economy and how manufacturing and telecommunication industries are catching up the development of a Lithuanian oil refinery from state-ownership to privatization by an American corporation to acquisition with Russian capital the international activities of the leading Russian companies in several industrial sectors the majors factors that form contemporary Russian business culture the negative features of receiving Russian investments the outward internationalization of Russia’s telecommunication company Mobile TeleSystems (MTS) and much moreExpansion or Exodus is an invaluable resource for the international business community, policymakers, and academics.

Evaluate the impact of Russia’s global business expansion Since the collapse of the former Soviet Union, tremendous changes have taken place in the Russian Federation’s trade relationship with other countriesespecially with former allies. Expansion or Exodus examines how and why Russian corporations invest outside the country and why most of that money remains abroad as the growth and performance of these companies increases at an accelerated rate. As the Federation moves closer to joining the World Trade Organization, this timely book provides a global view of Russia’s outward expansion, exploring the operations of Russian firms in old, new, and forthcoming European Union member states. Russian corporations have invested 50-70 billion USD abroad in the last five years, with global energy giant Gazprom leading the way. Although some of the Russian money has returned home, most of it remains abroad, largely in the EU and the United States. Many ex-socialist countries fear the Russian government is using its energy companies as foreign policy tools and in some cases, those fears have been grounded. But the outward expansion of Russian firms has become less motivated by politics as non-energy-related companies have begun their internationalization. Expansion or Exodus examines the vital issues surrounding Russia’s outward foreign direct investments, including:how a lower-middle income country has become a net capital exporter how larger export-oriented Russian companies have used Germany as entry to Europe how Russian direct investments in Poland led to corruption and political involvement why foreign direct investments in the Baltic States have been met with suspicion why natural resource-based companies have been main drivers of international growth of Russian economy and how manufacturing and telecommunication industries are catching up the development of a Lithuanian oil refinery from state-ownership to privatization by an American corporation to acquisition with Russian capital the international activities of the leading Russian companies in several industrial sectors the majors factors that form contemporary Russian business culture the negative features of receiving Russian investments the outward internationalization of Russia’s telecommunication company Mobile TeleSystems (MTS) and much moreExpansion or Exodus is an invaluable resource for the international business community, policymakers, and academics.

Before the recent Ukrainian crisis, Russia was one of the main sources of foreign direct investment (FDI) outflow and one of the main targets of FDI inflow in the world. However, the events in the Ukraine, the formation of the Eurasian Economic Union, and China’s growing interest in the Russian market and its natural resources have changed the picture completely. 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.

This book analyses the recent development of liquefied natural gas (LNG) in the Baltic Sea region and how energy security in the region has improved after Finland, Lithuania, Poland, Russia and Sweden have constructed their LNG import terminals.

This book analyses the recent development of liquefied natural gas (LNG) in the Baltic Sea region and how energy security in the region has improved after Finland, Lithuania, Poland, Russia and Sweden have constructed their LNG import terminals.

This book identifies scenarios for changes in transmission infrastructure, contracting, consumption patterns and fossil fuel financing policies, considering climate goals and the consequences of the conflict in Ukraine. The invasion of Ukraine by the Russian Federation has fundamentally changed the geopolitical situation, approaches to energy security issues, the EU’s energy (in)dependence and the implementation of previously outlined climate policies, including the planned gradual withdrawal from fossil fuels.This book presents the geopolitical architecture, energy mix, energy fuel supply structure, long-term energy policy and financing conditions of the oil and gas and sectors in the EU in the period preceding and following the Russian invasion of Ukraine. The authors consider the date of Russia’s attack on Ukraine as a symbolic caesura marking the beginning of the process of creating a new energy order in the EU. A novel part of the book is the attention it pays to the role of the credit and investment policy of the EU banking sector in relation to carbon-intensive sectors and to the significance of the financial system from the point of view of the effectiveness of international sanctions imposed on the Russian Federation, including, above all, sanctions related to the fossil fuel sector. The book is of interest to researchers and all those interested in learning about these subjects.

This book identifies scenarios for changes in transmission infrastructure, contracting, consumption patterns and fossil fuel financing policies, considering climate goals and the consequences of the conflict in Ukraine. The invasion of Ukraine by the Russian Federation has fundamentally changed the geopolitical situation, approaches to energy security issues, the EU’s energy (in)dependence and the implementation of previously outlined climate policies, including the planned gradual withdrawal from fossil fuels.This book presents the geopolitical architecture, energy mix, energy fuel supply structure, long-term energy policy and financing conditions of the oil and gas and sectors in the EU in the period preceding and following the Russian invasion of Ukraine. The authors consider the date of Russia’s attack on Ukraine as a symbolic caesura marking the beginning of the process of creating a new energy order in the EU. A novel part of the book is the attention it pays to the role of the credit and investment policy of the EU banking sector in relation to carbon-intensive sectors and to the significance of the financial system from the point of view of the effectiveness of international sanctions imposed on the Russian Federation, including, above all, sanctions related to the fossil fuel sector. The book is of interest to researchers and all those interested in learning about these subjects.