CHAPTER 2

Russia

Attractiveness in a Global Perspective

Do not expect that once taking advantage of Russia’s weakness, you will receive dividends forever. Russians have always come for their money. And when they come—do not rely on an agreement signed by you, you are supposed to justify. Therefore, with the Russians it is to play fair, or do not play.

—Otto von Bismarck(1815–1898; First Chancellor of Germany)

Main Points in This Chapter

  • Russia’s macroeconomic profile, drivers, and dynamics.

  • Strategic strengths and weaknesses in the comparative global context.

  • Market attractiveness, ease, and risks of doing business.

  • Leading sectors for U.S. exports and investment.

Russia’s Macroeconomic Profile, Drivers, and Dynamics

Russia is the world’s largest ...

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