Over the last fifteen years, Russia has become a larger part of the global economy—and in the years ahead, it will continue to grow in prominence. If you want to improve your investment endeavors in this market, you must first understand how it operates. With Out of the Red as your guide, you’ll become familiar with all the opportunities this country has to offer and learn how to make the most informed investing decision within this emerging arena.
Practitioner Connor, who manages a mutual fund specializing in equities of Russian countries, is convinced that Russia offers the most promising opportunities of this century, and proves it through a series of examples. He describes Russia's transition to a free market economy, the 1998 crisis, the particular challenges of the Putin era, the risks and rewards of investing in Russia, the potential of Russia as a rising economic power, and how business is conducted in Russia. He assesses a range of industries that may attract foreign investment, including metals and mining, oil and natural gas, information and communication as a business, and electricity and infrastructure. He describes the rising Russian consumer. Opportunities in Ukraine and Kazakhstan, and the future of investing, including ideas from the think tanks. Annotation ©2008 Book News, Inc., Portland, OR (booknews.com)