Business

International Relations and Business

International Relations and Business

Question 1

Political risks in Russia

Corruption in all layers of government

Businesses entering Russian work environment would have to keep in mind the extent of corruption that prevails in all layers of governments in the country. Corruption can be a significant barrier in the expansion of business or simply running day to day operations.

Expropriation

Expropriation is usually a hostile or forced takeover of businesses by governments. Since Russia is a communist nation, it assumes ownership of all businesses and enterprises as the property of the state. Businesses would well to consider that fact that they are ...