...II, the American government actively engaged with the communist government of The Soviet Union. Politicians and the public alike could not form a practical foreign policy because they did not fully understand the complexities of Soviet ideas and power. America desperately needed help. George Kennan, on the other hand, was a scholar of Russian history and political thought, a diplomat in Moscow, and a leader in the State Department. His expertise offered insight into the well-known foreign policy of containment. Kennan, through his policy of containment, sought to uphold American national interests amidst the growing threat of the USSR and an ignorant American public. In "The Sources of Soviet Conduct", George Kennan aimed to...
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...abundance of raw materials and the landmass of the country. Russia is a unique business opportunity and the first thing that needs to be established before thinking of doing business in Russia is an understanding of its people and their diverse culture. Russia’s turbulent past and breakup of the U.S.S.R. along with the switch to a free market and privately held companies have combined making the people of Russia complicated and cultural diverse. Understanding how these cultural diversities allow for international business to be more successful inside of Russia will allow for the expansion of business and the creation of opportunity for those willing to understand Russian culture. Russia is in a unique position to allow for foreign investment to help grow and stabilize their economy and grow their relationships with foreign countries and investors. It is the investors and businesses responsibility to understand and accept the cultural differences that are encountered during the commission of international business. Keywords: dimensions, culture, business, differences, Global Business Cultural Analysis: Russia Globalization has brought cultural awareness to a new level, instead of diminishing the need for cultural knowledge it has increased the rate by which we have to acquire and understand cultural dimensions. Knowing who you are doing...
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...sarguroh@simsree.net 7208850965 Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE), Churchgate Abstract: This paper presents the investment opportunities in the retail sector in the emerging economies through retrospective tracking of their past experiences and opportunities in the future. The paper analyses the reforms and trends that drove growth in the emerging nations' retail markets and the ones that need to be embraced to sustain and accelerate the growth in the future. The focus of the paper would be the BRICS economies with a brief outlook of other economies like Singapore, Indonesia inter alia. Allowance of foreign investment in the retail sector boosted its volume tremendously in Russia and China and triggered a development of sorts that led to flourishing of foreign as well as local players in the same, providing impetus to the rise in the retail market volume. Brazil developed its retail market by taming inflation and making credit easily available. South Africa improved its distribution networks efficiently causing an improved supply chain management and also cashed in on its demography by catering to the needs of its predominantly young population. Indian retail sector thrives mainly on the unorganized sector with organized sector forming a minor chunk of about 8%. The paper analyses how investment in technology, infrastructure and appropriate reforms can fuel the growth of retail market. With abundant opportunities in...
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...The impact of English loanwords on the Russian lexis for the recent decades Introduction Russian people for a long time have been involved into the political, commercial, scientific and cultural relations with other nations. At the same time the Russian language has been replenished with words from other languages. Loanwords from ancient languages Greek and Latin, words from Dutch, German, Polish, Ukraine and other languages mastered the Russian language in different historical periods without prejudice to its national identity, but rather enriched and expanded its range. Those words named new things, products, concepts, etc. Russian language vocabulary contains approximately 10% of borrowed words, most of which are nouns (Proshina (2006). Among those borrowings are many words from the English language. The most considerable penetration of English words in Russian language is observed in the late 80's - 90's of the last century with changes in political, economic, cultural and moral orientation of society. The Reconstruction and the collapse of Soviet Union have brought considerable changes both as in foreign policy relations so as in the lexical sphere of Russian language. This period is characterized by the democratization of the socialist governance of the country to the Western model. The reconstruction in the political structure of governance had played an important role in the appearance of words such as: president, vice-president, minister, prime-minister, mayor...
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...“Critically evaluate how international and geo-political risk to business might impact upon a person’s overall lifestyle”. Introduction My lifestyle keeps me busy but I enjoy the ability to catch up with friends and relax at a café or the beach. I am able to do the things I enjoy through working two jobs, on a regular roster. I enjoy cultural activities with friends in Sydney and regularly getting to the beach for a swim. Australia is a beautiful country which allows me to enjoy the sun and beach on a regular basis. A combination of flexibility and structure allows me to financially support myself while studying full-time; work is enjoyable and adds to my social and physical well-being. The flexibility in university and work allows me to catch up with friends regularly, while maintaining my financial independence. The political environment enhances my wellbeing by provide an avenue to defer my university fees until I graduate and get a job. Risk is considered the probability of a specific loss of worth, against the prospect of gaining value through the intentional interaction with uncertainty (Slovic, 2000). Risk is associated with a given action and/or inaction, of a foreseen/unforeseen nature that can result in a loss or gain in regards to financial wealth or physical health. Slovic (2000) expresses that all human interactions carry some risk, but the degree of risk depends on the situation and the perception of its severity. ...
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...Alexander III started a wave of "anti-reforms", as he reversed his father's liberal reforms. ...read more. Middle However, under Alexander III, the power under the Zemstva was acutely restricted. These administrative powers held previously by the Zemstva were handed to the Ministry of Interior in 1889. Thus, Alexander III restricted what people could do in Russia and accumulated that power in his own hands. Another contrasting policy between the Tsars was that of Education. Previously, education was only affordable to the very wealthy. However, Alexander II began a new era in terms of who could receive education. In order to increase literacy in Russia, Primary and Secondary Education was available for all citizens of the empire by 1863. Alexander II also permitted the discussion of sensitive topics in universities such as government and law. This liberalization of the education system resulted in much higher literacy rates and the ability for students to express themselves. However, Alexander III saw this universal education coverage as a threat to Russian...
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...societies and their interaction in today’s world: where they were from; where they are now; and where they are likely heading to in future. I will illustrate that there are three different systems in under developed world: the under-developed capitalism, the totalitarian capitalism and the military imperialism of developed countries in Middle East. Developed countries, in dealing with under developed world, are in a very much favored position. They are with full strategic initiatives in the on-going global politic and economic game. The most serious threat to capitalist civilization remains to be the haunting ghost of Malthus, that is, the constraint of nature resources imposed on human activities and its ultimately disastrous consequence. Modern technology has based material productivity of human societies on consumptions of certain natural resources irreproducible on earth....
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...and other resources) onto Afghan culture. Forcing them to submit to foreign rule, the people of Afghanistan fought back to protect their land, as a result creating a war that lasted for ten years. This conflict came to be known as the Soviet-Afghan War. Ultimately, the Soviet Union lost the war and retreated from Afghanistan. However, the effects of this war are still being felt today, as demonstrated in their foreign policies and political interactions with outside countries. Prior to the war, the Soviet Union was in control of the Afghan government. It was when Afghanistan made themselves a constitutional monarchy in 1953 (Origins of Soviet-Afghan War 1). It also began from a coup d’état by Afghan communists called the “Saur Revolution in 1978 (Afghanistan War 1). This created tensions between the Soviet Union’s puppet government and Afghan people, because they resented being ruled by a foreign power. Additionally the Soviet Union took advantage of the Afghan people by taking control of the oil fields, allowing the people to only keep a small percentage of the profits. The Soviet Union, to defend their interests continued to become more intimately involved in Afghanistan’s affairs throughout the 1950s and the 1960s pumping billions of dollars into country, to try and establish friendly relations. “Between 1956 to 1978, the Soviet Union gave $2.51 billion in aid to Afghanistan (Encyclopedia of Russian History 13).” The Soviet Union however, had a bigger picture for the...
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...medieval state to an empire and emerging regional power, making him the first ruler to be crowned as Tsar of All the Russia. His reign saw the completion of the construction of a centrally administered Russian state. His victory over Khanate of Kazan, Khanate of Astrakhan and Khanate of Sibir, transformed Russia into a multiethnic and multicontinental state. However, his economic legacy was disastrous as it contributed to the decline of the Rurik Dynasty and the Time of Troubles. 2. Peter I, known as Peter the great, was a tsar of Russia in the late 17th century. He was a brilliant but highly controversial ruler. He transformed Russia into one of the most powerful states in Europe with a modern and efficient military. He also made several reforms to the domestic and political structures of Russia that is still influential till now. 3....
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...Americans viewed Russia unfavorably, while 71 per cent of Russians held an unfavorable view of the United States. There had a certain amount of tension build up prior to this poll. In the 1990's there has been a set of actions that has trigger Russian elite as well as the public to believe that US was trying to weaken Russia, impose western values and exploit its resources. Some of those actions were increased activity of NATO and European Union in the Balkans(bombing campaign of Serbia in 1999). Revolutions in Georgia and Ukraine plus American support of democracy in the Middle East left Russia a bit...
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... Goals and Objectives of the Accession to the WTO……………………4 Advantages and Disadvantages of the Accession to the WTO………5 Conditions of Accession to the WTO……………………………………...6 * Terms and Conditions of Russia’s Accession to the WTO * Unfavorable Institutional Environment * Russia Does Not Have Effective Mechanism to Support Domestic Business * Phytosanitary Standards: Good Conditions and Poor Implementation * Sources of Growth of Exports to Russia Are Limited Overall Assessment of Impact of Accession to the WTO…………….10 * Missed Opportunities for Growth * The Overall Picture Conclusion ……………………………………………………………………13 References.……………………………………………………………………15 Introduction Russian economy can effectively develop only in close cooperation with international market of goods and services, in spite of huge potential and resources. It also required by the state reforms inside the country. However, World Trade Organization (WTO) states the rules of game on the international market, on time of international globalization. WTO unify about 160 countries and covers more than 95% of turnover of international trade. Russia should enter to WTO considering strategic perspective. This is only way for both Russia government and business. However, rules and norms of WTO create new organizational and legal environment of functioning, which on its own way creates mixed reaction. Based on this Russia needs deployed and targeted preparation...
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...Russian Foreign Policy in Central Asia since 2013: Assessing the successes and failures Generally it is assumed that Russian foreign policy in Central Asia has been characterized by “neo-imperialism”. Yet this is statement is only partially true considering the fact that Moscow’s policies within its “sphere of influence” have not be static, and have been characterized by sweeping modifications. Since the breakup of Soviet Union, Russian policy in Central Asia has gone through drastic transformations and its influence in the region has varied over time. At present, Russian authority in Central Asia is weakening, yet the Kremlin continues to utilize number of political, institutional and economic strategies to prolong its presence there. Multilateral as well as Bilateral arrangements, and economic and energy leverages combined with cultural instructions are widely implemented in order to maintain Russian influence in Central Asia. Considering the fact that states in the region most importantly though not solely Kazakhstan, have begun to search for diversification and partnership with other great powers, they have gained a certain degree of independence from Moscow. Besides, in recent years China has emerged in Central Asia as an important rival to Russia in terms of influence, and has already established multiple agreements and investments with all of the states in the region. The degree of independence that Central Asian states have managed to gain due to their conviction to act...
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...6) How did two major conflicts, the Sino-Japanese War (1894-1895) and the Russo-Japanese War a decade later, influence Western perceptions of Japan and Asia? The Sino-Japanese War from 1894-1895 and the Russo-Japanese War a decade later were monumental events in the history of Asia and its ripples were felt in the Western world. In the Sino-Japanese War, the Western world witnessed the fruits of Meiji Japan’s modernization program, its modern military, routed the Chinese hitherto the dominant Asian power. Japan’s victory defeat of Russia became a significant milestone in modern history, marking the first major modern conflict where an Asian nation had defeated an European power. As such, this study seeks to present in detail the changes in Western perception towards Japan, as it became a modern military power and its image of the Asian people in the aftermath of both events. Sino-Japanese War (1894-1895) The outcome of the Sino-Japanese War meant that Japan had successfully displaced Qing China as the dominant power in East Asia, marking a remarkable shift from millennia old power arrangements in the region centered on China. This turn of events did not escape Western observations and led to Japan being recognized as the dominant Asian power. According to the historian Sarah Paine, ‘Before the war, the most widespread Western image of Japan was undoubtedly provided by William S. Gilbert and Arthur Sullivan, the famous operetta duo. The year 1885 marked the premiere of what...
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...A Case Study of a Currency Crisis: The Russian Default of 1998 Abbigail J. Chiodo and Michael T. Owyang currency crisis can be defined as a speculative attack on a country’s currency that can result in a forced devaluation and possible debt default. One example of a currency crisis occurred in Russia in 1998 and led to the devaluation of the ruble and the default on public and private debt.1 Currency crises such as Russia’s are often thought to emerge from a variety of economic conditions, such as large deficits and low foreign reserves. They sometimes appear to be triggered by similar crises nearby, although the spillover from these contagious crises does not infect all neighboring economies—only those vulnerable to a crisis themselves. In this paper, we examine the conditions under which an economy can become vulnerable to a currency crisis. We review three models of currency crises, paying particular attention to the events leading up to a speculative attack, including expectations of possible fiscal and monetary responses to impending crises. Specifically, we discuss the symptoms exhibited by Russia prior to the devaluation of the ruble. In addition, we review the measures that were undertaken to avoid the crisis and explain why those steps may have, in fact, hastened the devaluation. The following section reviews the three generations of currency crisis models and summarizes the conditions under which a country becomes vulnerable to speculative attack. The third section...
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...5 Group members: Cherenko Polina Pitubaeva Tatiana Samadov Imruz Tarasenko Vladimir Supervisor: Assoc. Prof. Latukha Marina 2015 Table of Contents 1. Aeroflot’s Background 3 2. Country-specific context 7 3. Peculiarities of OB and HRM in country of a company’s origin 11 3.1. Main Characteristics 11 3.2.Trends 15 3.3.Perspectives 16 4. HRM strategy and practices and OB areas 17 4.1. HR Policies 17 4.2. Employee training 18 4.3. Department for Aviation Personnel Training 18 4.4. Aeroflot Aviation School 19 4.5. Social Programs For Company’s Employees 20 4.6. Health and safety 21 5. Analysis of existing problems and challenges in OB or HRM areas. 22 6. Problem description and analysis. Recommendations 24 List of Sources 27 1. Aeroflot’s Background After the World War I many European countries started to look forward civil aviation development. Since then, Soviet Union Government established Dobrolet - the first Russian air fleet that had flights from Moscow to many airports in European part of the USSR and nearest foreign locations. In the beginning, only one plane served the route from Moscow to Kenigsberg (Kaliningrad). That plain could accommodate four passengers and mail carriage. During early years of activity the company enhanced number of flight, adding following destinations such as Omsk, Kharkov, Alma-Ata, Kiev, Odessa, Kazan, Rostov-on-Don, Tashkent, Nizhniy Novgorod, and many crimean towns. In March of 1932 the Soviet Union...
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