ABSTRACT

DOING BUSINESS IN MOSCOW

by Joan C. Hubbard and Charles W. Hubbard

Since the Iron Curtain came down there has been a great deal of interest in the West in tapping the 150-million strong Russian market. Unfortunately, the privatization of the Russian economy has been accompanied by an increase in crime, rampant corruption, arbitrary taxes, and other problems, many of which are peculiar to Russia. The purpose of this article is to point out to the potential investor in Moscow how to deal with these problems and to pin point the most promising markets to enter.