Introduction

Russia is the world’s largest geographic area, a BRIC economy, and an important player in the global landscape. Over the past quarter century, following the dissolution of the Soviet Union, Russia has become a magnet for international commerce, trade, and foreign investment. Its post-Soviet development has been marked by profound changes in the nation’s political-economic conditions and business environment, improving Russia’s business climate and transforming the nation into a more attractive marketplace. Despite improvements, this progress has been uneven and sporadic. In many ways, Russia remains an enigmatic and challenging place for doing business.

Apart from general difficulties in starting and managing international business ...

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