How To Restore Investor Confidence. Russia needs to do more to improve its business climate.

01.06.2010

Andrey Goltsblat, Managing Partner, Goltsblat BLP

The acute phase of the financial crisis has now passed but repercussions  of the deep slump in almost all economic sectors  remain and will, by all appearances, be overcome only slowly. In the new situation, the state’s economic strategy needs to change its priorities. Extraordinary measures, such as financial injections into banks and big corporations, have exhausted their usefulness.  It is time the protectionist policy were abandoned too.  Long-term measures now top the agenda. Restoring investor confidence comes first.  Most urgent is revival of a favourable investment climate.  

Contact details

Subscription

If you would like to receive our legal alerts and updates highlighting current legal issues relevant to your areas of interest and providing expert commentary by our lawyers, please click on "Sign Up" and fill out the form.