The Competitive Advantage of Russia Harvard Case Solution & Analysis

The Russian Federation (Russia) was the largest of the 15 geopolitical entities that emerged in 1991 from the Soviet Union. Despite a series of reforms launched in 1992 to help the country's transition from a centrally planned economy, Russia was plunged into a deep recession, exacerbated by the financial crisis in 1998. It was not until 1999, after eight years of turmoil, macroeconomic stabilization and structural adjustment of the economy, the economy began to slowly grow again. When Vladimir Vladimirovich Putin became president 31 December 1999, Russia was the tenth largest economy in the world and its foreign exchange reserves amounted to $ 8.5 billion. By 2007, the economy is the eighth largest in the world, with reserves of $ 407.5 billion. In May 2008, when the new Russian president, Dmitry Medvedev, has been opened and Putin took on the role of prime minister, the foreign companies with interests in Russia, face great uncertainty. Putin's successor will be chosen, under the watchful eye of a powerful and Putin continues to implement policies and measures that would make the business environment more hostile to foreign investment? Or that the new regime to identify a more liberal and democratic direction for Russia, which will allow the country to improve its competitiveness in the global market and will allow outside investors to participate in its prosperity? Russia has made great strides to improve its position in the world after the collapse of the Soviet Union. However, it remains to be seen whether in the country, especially in the present circumstances, could create and maintain a strong international competitive advantage that many Western critics felt that a more democratic political regime. This article provides a brief overview of the country and explores the state of China's competitive advantage in the scope of competitive advantage Michael Porter Nations. "Hide
by Bruce McKern, Lyn Denend, Victoria Chan, Kate Reuk Source: Stanford Graduate School of Business 48 pages. Publication Date: June 30, 2008. Prod. #: IB73-PDF-ENG

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