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Investing in Russia

Inside this issue

• The nature of the Putin-Medvedev relationship

• Political fears cast a long shadow on the stock markets

• The oil industry and the finance ministry are at odds on tax - -

Content

A search for new sources of growth

Charles Clover notes a shift in aspirations from resources exporter to ‘knowledge economy’

Politics: Two top men lay markers for 2012 election

Charles Clover considers that most vexing question for Kremlinologists: the true nature of the Putin-Medvedev relationship

Corruption: Multinationals find new ways to tackle graft

Courtney Weaver says few companies are pulling out but many are diverting resources to other emerging markets

Economy: Investment and reform remain key to growth

Neil Buckley finds signs of recovery but says infrastructure is a brake on expansion

Agriculture: Rich soil has capacity to double yields

But huge investment is needed in storage and to improve roads, says Isabel Gorst

Financial reforms: Foreign investors are sceptical about implementation

Courtney Weaver says progress is slow on passing and enforcing laws

Stock markets: Political fears cast long shadow

A stable period of global growth might whet investor appetite, says Rachel Morarjee

Foreign investment: Fundamental problems deter inflows

Bureaucracy and corruption scare business away, says Neil Buckley

Skolkovo: High-tech project raises awareness

Charles Clover on plans for a research and production hub in a Moscow suburb

Oil industry: Sector and finance ministry at odds on tax

Catherine Belton says the stand-off is part of a broader debate about the type of economy best for the country

E-commerce: Hard times and hard weather boost online shopping

Local search has greater reach than Google