Investments in Production: Canadian Experience and the Possibility of Its Use in the Economy with Contemporary Russia

Abstract

The author asserts the high quality of Canadian economy based on original analyses of investment climate and sectoral structure dynamics of that country and considers how to apply Canadian experience to the Russian economy realities. Investment components of both economies are compared, as well as their geographic peculiarities and government regulation practices. Major challenges and obstacles, hindering inflow of foreign investments to Russian economy are highlighted. The paper resumes that only diligent, committed and thoughtful cooperation between government agencies, academic community and business circles could help in solving investment problems and upgrade this country to the level of economies with high living standards.