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Article: Privatization in the CIS. (Commonwealth of Independent States)
- Article from:
- Chief Executive (U.S.)
- Article date:
- November 1, 1992
- Author:
CopyrightCOPYRIGHT 1992 Chief Executive Magazine. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Investments in the former Soviet Union are on the block at a discount to their true value. But U.S. firms, uneasy about the region's volatility and a lack of financial data, remain on the sidelines. What will it take to lure them into the action?
Large-scale reforms sweeping the independent republics of the former Soviet Union pose a challenge to a new generation of politicians and entrepreneurs in the fledgling CIS. But Western investors, too, face a window of opportunity and a hard choice. They can cast aside their apprehensions about a market undergoing rapid transformation, and invest in a region with vast growth potential and a pent-up demand for everything from ...