The Winding Road of Direct Investments

Abstract

The problem of economic growth perspectives in Russia is the most actual one both in the political, economic and social aspects. Obviously, the possibility of avoiding the stagnation first of all depends on effective investments. After a long and deep depression almost all industries could increase the production for some time by means of better utilization of productive capacities. This offered time for working out the development projects and creating the investment basis of growth. Has this possibility been realized? The analysis shows that investment activity is aimed not at overcoming but at fixing of the structural diseases of the Russian economy and stagnation of the processing industries.