The investment crisis in Russia is part of the general systemic crisis of the economy of the transitional period. The most important reason for the crisis is the lack of sufficient financial resources for capital investment. Enterprises' own funds are their principal source. The shortage of...

The current urgency of the investment activity problem is not abating. According to the data of the Russian Federation State Committee on Statistics [RF Goskomstat], in 1995, capital investments from all sources of financing declined by 13 percent in comparison with 1994.sup1/sup A key aspect of...