International Joint Ventures: Soviet and Western Perspectives

(Hardback)

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This is a study of the principal issues surrounding the negotiation and operation of joint ventures in the Soviet Union. The contributors, including both Soviet and Western trade experts and economists, aim to combine a strong theoretical base with practical analysis of the problems that Soviet and Western business people have encountered in the Soviet economic environment. To that end, the study maintains a historical perspective but places primary emphasis on presenting realistic visions of present and future policy directions in this area. Divided into five parts, the volume begins by focusing on the motivations for Western businesses to invest in the soviet Union and the steps that Soviet officials and managers can take to help satisfy and strengthen these motivations. Part 2 examines the lessons that can be drawn from joint venture experiences in Eastern Europe and China. In the third section, Soviet and Western contributors explore the painful process of economic reform in the Soviet Union and its implications for Western trade and investment. Specific attention is given to the legal framework within which Western firms would be required to operate. The contributors next examine the practical problems encountered by joint ventures in the Soviet Union, drawing upon both the latest data from Soviet central government and their own extensive questionnaire mailing. Finally, the authors provide recommendations on how the Western and Soviet governments and business communities can structure their approaches to optimize the chances for successful joint ventures.

Reviews

Written by an international team of experts on joint ventures, primarily between the US and the USSR, this work provides a solid foundation for the study of joint ventures with the USSR. Chapters are brief and succinct and contribute important detail about the legal, economic, and political bases of joint ventures, as well as about their management problems, and why some succeed and some fail. There is much accurate and useful information for the student of joint ventures even though the book's publication date limits its purview to legislation and events only through 1990. Nevertheless, despite the profound changes that have occurred since August of 1991, the insights and information will remain very valuable to researchers of the subject as well as to professionals and students seeking to become better informed about successful cooperation arrangements. Upper-division undergraduate and graduate collections.-Choice
"Written by an international team of experts on joint ventures, primarily between the US and the USSR, this work provides a solid foundation for the study of joint ventures with the USSR. Chapters are brief and succinct and contribute important detail about the legal, economic, and political bases of joint ventures, as well as about their management problems, and why some succeed and some fail. There is much accurate and useful information for the student of joint ventures even though the book's publication date limits its purview to legislation and events only through 1990. Nevertheless, despite the profound changes that have occurred since August of 1991, the insights and information will remain very valuable to researchers of the subject as well as to professionals and students seeking to become better informed about successful cooperation arrangements. Upper-division undergraduate and graduate collections."-Choice

Author Bio

ALAN B. SHERR is Associate Director of the Center for Foreign Policy Development at Brown University. IVAN KOROLEV is Deputy Director of the Institute for World Economy and International Relations of the USSR Academy of Sciences. IGOR FAMINSKY is Director of the All-Union Research Institute for Foreign Economic Relations of the State Foreign Economics Commission of the USSR Council of Ministers. TATYANA M. ARTEMOVA is Leading Research Fellow at the All-Union Research Institute for Foreign Economic Relations, State Foreign Economics Commission of the USSR Council of Ministers. EVGENIYA L. YAKOVLEVA is Senior Research Fellow at the Institute for World Economy and International Relations of the USSR Academy of Sciences.