European investment in Kaluga region: features under sanctions

 
PIIS013122270001333-7-1
DOI
Publication type Article
Status Published
Authors
Occupation: Researcher
Affiliation: Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences (IMEMO)
Address: Russian Federation, Moscow
Journal nameMirovaia ekonomika i mezhdunarodnye otnosheniia
EditionVolume 62 Issue 9
Pages81-87
Abstract

The article examines the inflow of Еuropean investment to Kaluga region, one of the most successful in

Central Federal District of Russia. The authors identify the specifics of the regional location of European

direct investment (FDI) in Russia before and after imposition of Western sanctions in mid-2014 using the

existing theories of consistent pattern and different factors influencing this distribution. One of the most

important factor consist in that the European Union represents an integration association where each country

has its national interests and priorities and particular business model. This explains the differences between

EU members in regional and branches preferences in investing in Russia. The article analyses investment

attractiveness and advantages of Kaluga region which worked out an effective Investment Strategy 2013-

2020 based on “soft” drivers and cluster model of economy. Special investment product of the region are

productive sites (‘brownfield” and “greenfield”) set up in industrial parks and special economic zones. The

main cornerstones of the strategy are successful activities of local government and favorable conditions

for European investors. The economic crisis and sanction against Russia has not affected seriously the

participation of major European investors due to successful and clever policy of region authorities. No one

abandoned their project plans. Authors pay special attention to the advantages of Kaluga region cluster

model for European investors and their concentration in manufacturing industries, including high-tech and

innovative production. The branches’ structure of European investment reflects cluster orientation of region`s

economy. Western Europe remains the top investor in the region. The largest number of FDI projects is

implemented by German companies.

KeywordsRussia, Kaluga region, European investment, economic development, cluster model, investment advantages, investment distribution, regional policies, industrial parks, innovative development
Received03.10.2018
Publication date03.10.2018
Number of characters628
Cite   Download pdf To download PDF you should sign in
Размещенный ниже текст является ознакомительной версией и может не соответствовать печатной

views: 1083

Readers community rating: votes 0

1. Kuznetsova O.V. Rol' inostrannogo kapitala v ehkonomike regionov: vozmozhnosti otsenki i mezhregi­onal'nye razlichiya. Problemy prognozirovaniya. 2016, № 3, ss. 59-70.

2. Rossiya zanyala sed'moe mesto sredi evropejskikh stran po kolichestvu proektov pryamykh inostrannykh investitsij. Ernst&Young, 01.06.2017. Available at: http://www.ey.com/ru/ru/newsroom/news-releases/ey-russia-ranked-seventh-among-european-countries-by-fdi-projects (accessed 09.01.2018).

3. TsB soobschil o pritoke portfel'nykh investitsij v Rossiyu. Ehkonomika i zhizn', 04.07.2017. Available at: http://www.eg-online.ru/news/349268/ (accessed 12.1.2018).

4. Kuznetsov A.V., otv. red. ES i Rossiya. Ot pryamykh kapitalovlozhenij k investitsionnomu sotrudnichestvu. Moskva, Nauka, 2008. 335 c.

5. Privlechenie inostrannykh investitsij: medlennyj progress. Moskva, Tsentr makroehkonomicheskikh is­sledovanij Sberbanka RF, 2013. 7 c.

6. Rossijskij fond pryamykh investitsij. Pryamye inostrannye investitsii v Rossii v 2016 g. Tsifry i fakty. Moskva, RFPI, dekabr' 2016. 17 c.

7. Oblast' vysokoj investitsionnoj plotnosti. RIA rejting, 29.07.2013.

8. Kuznetsova O.V. Nakoplennye inostrannye investitsii v rossijskikh regionakh: territorial'naya struktura i rol' ofshornogo kapitala. Problemnyj analiz i gosudarstvenno-upravlencheskoe proektirovanie, 2015, № 6, cc. 47-62.

9. Vozmozhnosti dlya biznesa. Ministerstvo ehkonomicheskogo razvitiya Kaluzhskoj oblasti. Vestnik, № 4, maj 2016. Available at: http://arrko.ru/deyatelnost/iakaluga/heralds/vestnik-4-2016-vozmozhnosti-dlya-biznesa/ (accessed 10.01.2018).

10. Industrial'nye parki. Ne braunfild, tak grinfild, 30.05.2013. Available at: http://www.tehsovet.ru/article/chief/1856.html (accessed 10.01.2018).

11. Promyshlennost'. Tekhnologii. Proekty. Ministerstvo ehkonomicheskogo razvitiya Kaluzhskoj oblasti. Vestnik, № 6, noyabr' 2017. Available at: http://arrko.ru/deyatelnost/iakaluga/heralds/vestnik-6-2017/ (accessed 10.01.2018)

12. Natsional'nyj rejting sostoyaniya investitsionnogo klimata v sub'ektakh RF. Agentstvo strategicheskikh initsiativ. Available at: https://asi.ru/investclimate/rating/ (accessed 15.01.2018).

13. RF Central Bank. Statistics of foreign sector. Available at: https://www.cbr.ru/statistics/?Prtld=svs (accessed 20.01.2018).

14. Regiony Rossii. Sotsial'no-ehkonomicheskie pokazateli. Moskva, Rosstat, 2017, ss. 638-639.

15. Foreign investors in Kaluga region. Available at: http://ru.investinrussia.com/investment-in-regions/24 (accessed 09.01.2018).

16. Investitsionnyj portal Kaluzhskoj oblasti. Available at: http://investkaluga.com (accessed 20.01.2018).

17. Issledovanie investitsionnoj privlekatel'nosti stran Evropy. Rossiya. Available at: http://www.ey.com/Publication/vwLUAssets/EY-attractiveness-survey-russia-2017-rus/$File/EY-attractiveness-survey-russia-2017-rus.pdf (accessed 20.01.2018).

18. L’Oreal investirovala 2.5 mlrd rublej v rasshirenie zavoda gruppy v Rossii. Finversia, 11.09.2017. Available at: https://www.finversia.ru/news/markets/l-oreal-investirovala-2-5-mlrd-rublei-v-rasshirenie-zavoda-gruppy-v-rossii-27294 (accessed 12.01.2018).

19. Sovremennoe sostoyanie i perspektivy sotsial'no-ehkonomicheskogo razvitiya Kaluzhskoj oblasti. Ana­liticheskij vestnik. 2016. № 22 (621). Moskva, Analiticheskoe upravlenie Soveta Federatsii. 66 s.

20. Investitsionnaya strategiya Kaluzhskoj oblasti do 2020 goda (s izmeneniyami na 4 iyulya 2014 g.) Available at: http://investkaluga.com/investitsionnaya--strategiya/ (accessed 09.01.2018).

21. Kaluzhskaya oblast': prodazha industrial'nykh parkov daet kolossal'nye investitsii. Kapital strany, 04.05.2010. Available at: http://kapital-rus.ru/articles/article/kaluzhskaya_oblast_prodazha_industrialnyh_parkov_daet_kolossalnyj_obem_inve/ (accessed 12.01.2018).

Система Orphus

Loading...
Up