Determinants of FDI Inflows and Institutional Constraints of Russia’s Investment Policy

Authors

  • Konstantin Aleksandrovich Tuzov Gaidar Institute for Economic Policy
  • Vladimir Aleksandrovich Eremkin Russian Presidential Academy of National Economy and Public Administration

DOI:

https://doi.org/10.64545/2072-8042-2025-9-85-107

Keywords:

foreign direct investment, investment activity, investment policy, institutional environment, infrastructure, tax incentives, regional development, investment climate, government support

Abstract

The article provides an analytical review of Russian studies on the determinants of foreign direct investment (FDI) inflows and the challenges of implementing investment promotion policies in Russia. It examines FDI factors at national and regional levels, including market potential, institutional environment, infrastructure, and human capital. Special attention is given to the inconsistencies in tax, direct, and infrastructure support measures, as well as regional disparities. Based on the analysis, key directions for improving investment policy are identified with the focus on institutional predictability and balanced spatial development.

Author Biographies

Konstantin Aleksandrovich Tuzov, Gaidar Institute for Economic Policy

Postgraduate student

Vladimir Aleksandrovich Eremkin, Russian Presidential Academy of National Economy and Public Administration

Senior Researcher, Structural Research Laboratory of the Institute of Applied Economic Research

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Published

2025-12-10 — Updated on 2026-10-01

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How to Cite

Tuzov, K. A., & Eremkin, V. A. (2026). Determinants of FDI Inflows and Institutional Constraints of Russia’s Investment Policy. Russian Foreign Economic Journal, (9), 85–107. https://doi.org/10.64545/2072-8042-2025-9-85-107 (Original work published December 10, 2025)

Issue

No. 9 (2025)

Section

World economy

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Copyright (c) 2025 Russian Foreign Economic Journal

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