Can Russian Steel Compete?

Russian industry has been through huge swings of fortune in the last 12 years since the collapse of the economic structures of the Soviet Union. Massive ensuing economic collapse reduced industrial output, privatisation schemes led to obscure shareholder and management operation, no real capital market existed, criminality threatened industrial stability, barter transactions permeated the trading economy, factory staff stood idle in huge plants which were still heated and lit, and finally Russia defaulted on its sovereign debt in August 1998, wiping out many firms' bank balances, whilst the rouble collapsed from 6 to 24 to the US dollar.

Models of Railway Privatisation

The Russian Department of Transportation is planning to privatise the railway network. A strategic analysis of models of railway privatisation used elsewhere in the world is therefore of interest to identify comparable issues and determine the best fit model for Russian Railways.


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