There is no turning back for Russia no matter what political party controls their new democratic government, they will understand the need for foreign investment and dependable guarantees. The normalization and stabilization of the Russian economy are well underway, as the people are becoming free to control their own lives. The second reason why Americans have fallen behind in investing in the capitalization of Russia, is that there is not enough information about the rapidly changing situation and about the real positive steps in Russia's transition to a free market economy. The goal of this book is to fill this gap, and to encourage economic connection with Russia. This book presents a short economic and historical story of Russia's development, it covers modern economic relations, and it describes the privatization process of state property.
Great attention is paid to foreign investments and the opportunities for their realization.
Three chapters are devoted to the Russian banking system, the financial market, the insurance market, and the real estate market. Unit nine in the book shows the rules of internal and international money payments. This book is intended for those who are interested in the economy of Russia and other countries in the Newly Independent States. This book could also be of some interest for those who plan to tour Russia, as it will shed light on the dramatic changes affecting the Russian people. Russia is ready to join the Western world, and through private business this can be achieved in a civilized, prosperous way.