Ledyaeva, Svetlana; Karhunen, Päivi; Whalley, John - Centre d'études prospectives et d'informations … - 2013
In this paper we study the phenomenon of round-trip investment between Russia and key offshore financial centers (OFCs …), namely, Cyprus and British Virgin Islands, which is now a significant part of foreign investment into Russia. Using firm …-level data we study differences in location strategies between round-trip and genuine foreign investors into Russia and the …