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To the politician of attraction of foreign investors. Events of 90th years visually
Have shown that attempts of Russia to rely for an exclusive role of the natural
The factor are doomed to failure.
Policy concerning direct foreign investments
In the end of it centuries are saved considerable distinctions in the politician
Attraction it between the developed and developing states. The countries with
Market economy basically involved the foreign capital not with means
Special measures, and thanks to formation of the general favorable
Investment climate, to granting to foreign investors of the national
Mode, to regulation of their activity within the limits of the general legislation.
Developing countries, on the contrary, relied on numerous privileges, had
The special legislation regulating inflow and activity it,
Distinct from a legal regime for local investors. However, last years
There was a certain washing out of accurate sides between these approaches.
Changes in the politician of the countries as a whole are directed on openness increase
Economy in relation to foreign investments, on creation most
Favorable conditions for the foreign capital. In 1991-1997 94 %
All legislative innovations in the world, concerning the foreign capital, were
Are aimed at improvement of an investment climate.
Table 1. Changes in the legislation of the countries in the relation
Number of the countries which have made changes in an investment mode
Number of changes of an investment mode
* From which:
More favorable for straight lines foreign it*
* Less favorable for direct foreign investments **
* Including liberalisation or the changes directed on strengthening of the market,
Increase in stimulus
** Including changes on strengthening of the control and decrease in stimulus
Source: World Investment Report. Trends and Determinants. UN, Geneva,
The countries which have to the greatest degree carried out liberalisation of the economy
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