Investment in Russia and Eastern Europe Message Board

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Strategies & Market Trends : Investment in Russia and Eastern Europe

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To: peter michaelson who wrote (674)	9/16/1998 9:20:00 AM
From: Real Man	Read Replies (1) of 1301

We'll see. So far, I see the power in hands of the "oligarchs" (this was clearly demonstrated when Kiriyenko was ousted), who would obviously oppose nationalization of their companies. They would rather shift the burden on the foreign investors (large debt). We'll see what happens. It seems many post-communist countries experienced corruption and a return of communists (in a form of social protection). I still would prefer to think that the Eastern European countries, including Russia, will gradually become normal capitalist societies. But this world crisis is pretty deep, and it seems far from being over. So we'll see what happens.

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