TY - JOUR

T1 - Outward FDI and its policy context, 2010

AU - Panibratov, Andrey

AU - Kalman, Kalotay

N1 - Panibratov, A. Outward FDI and its policy context, 2010 / A. Panibratov, K. Kalman // Inward and Outward FDI Country Profiles. - 2011. - January. - P. 360-369.

PY - 2011

Y1 - 2011

N2 - OFDI from Russia often surprises outside observers by its landmark deals. One of them was the purchase in September 2009 of a 55% stake in General Motors’ German affiliate Opel by a consortium of the Canadian car maker Magna and the Russian state-owned bank Sberbank. The latter is the largest creditor of the Russian car maker GAZ, and may represent its commercial interests in the contract. With this deal, Russia has bought into the industrial heartland of the world economy and could potentially access more advanced technology. This acquisition hints at the growth of Russian OFDI in general, which has prospered despite fears in many host countries that the investors are subject to Russian political interference, a fear that recently announced Russian policy intentions may allay.

AB - OFDI from Russia often surprises outside observers by its landmark deals. One of them was the purchase in September 2009 of a 55% stake in General Motors’ German affiliate Opel by a consortium of the Canadian car maker Magna and the Russian state-owned bank Sberbank. The latter is the largest creditor of the Russian car maker GAZ, and may represent its commercial interests in the contract. With this deal, Russia has bought into the industrial heartland of the world economy and could potentially access more advanced technology. This acquisition hints at the growth of Russian OFDI in general, which has prospered despite fears in many host countries that the investors are subject to Russian political interference, a fear that recently announced Russian policy intentions may allay.

M3 - Article

SP - 360

EP - 369

JO - Inward and Outward FDI Country Profiles

JF - Inward and Outward FDI Country Profiles

SN - 2159-2268

IS - January

ER -