ANALYSIS OF THE IMPACT OF FOREIGN INVESTMENT ON THE COMPETITIVENESS OF RUSSIAN COMPANIES

Anna A. KHRYSEVA

Ph.D. in Economics, associate professor at the department of «World economy and the economic theory», Volgograd state technical university, Volgograd, the Russian Federation

inpro-mba@mail.ru

Olga E. AKIMOVA

Ph.D. in Economics, associate professor at the department of «World economy and the economic theory», Volgograd state technical university, Volgograd, the Russian Federation

akimovann25@mail.ru

Olga A. SAVCHENKO

master of science in economics at the department of «World economy and the economic theory», Volgograd state technical university, Volgograd, the Russian Federation

holga.ales@gmail.com

Abstract

The article analyzes the impact of foreign investment on the competitiveness of Russian companies. Capital mobility is growing rapidly in the 21st century owing to the processes in the world economy, such as globalization, internationalization, and also due to the established single market of goods and services. The enhancement in the competitiveness of companies becomes an essential requirement of the world market. Unfortunately, it is often impossible for many companies to reach a technological progress and increase the efficiency of corporate social responsibility using only its own funding without attracting a foreign capital. Based on the analysis, conclusions are reached and practical recommendations are offered.

Keywords: competitiveness, net outflows, FDI (foreign direct investment), portfolio investment, and volatility

JEL classification: M21, O11, R11
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