The Competitive Advantage of Russia Case Solution And Analysis, HBR Case Study Solution & Analysis of Harvard Case Studies

The Russian Federation (Russia) was the biggest of the 15 geopolitical entities that emerged in 1991 from the Soviet Union. Despite a string of reforms began in 1992 to help the country transition from its centrally planned economy, Russia plunged into a deep recession that was exacerbated by a financial crisis in 1998. It wasn't until 1999, following eight years of turmoil, macroeconomic stabilization and economic restructuring, the market slowly started to grow. By 2007, the nation's market had become the world's eighth-biggest, with reserves of $407.5 billion. In May 2008, Putin assumed the job of prime minister and when Dmitry Medvedev, Russia's new president, was inaugurated, western businesses with interests in Russia faced great doubt.

Would Putin's handpicked successor, under Putin's strong and watchful attention, continue to enact policies and take actions that would make the business environment increasingly unfavorable to foreign investment? Russia had made great strides to improve its position on earth since the dissolution of the Soviet Union. It remained to be seen whether the nation, especially under its present circumstances, could create and sustain continuing international competitive advantage, which many western critics considered would need a more democratic political regime. This paper explores the standing of China's competitive advantage through the framework of Michael Porter's Competitive Advantage of Nations and provides a short overview of the nation.

The Competitive Advantage of Russia case study solution

PUBLICATION DATE: June 30, 2008 PRODUCT #: IB73-PDF-ENG

This is just an excerpt. This case is about GLOBAL BUSINESS