Sylvain Zeghni

Foreign direct investment in Russia: how the investment climate matters

Among European transition economies and the CIS, Russia is the largest country and has the most important endowment of natural resources, well-educated labour force, and large potential market. Paradoxically, Russia is one of the least attractive host countries in this region. This situation may generate a risk of economic marginalization. Our main task is to develop our understanding of FDI in Russia by asking a main question: Why is Russia an exception in the context of FDI globalization? Is Russia willing to stay outside the general trend of fierce competition for FDI and able to developed endogenously sustainable growth?  2002 Elsevier Science Ltd. All rights reserved.

Bilateral or multilateral bargaining in the face of global environmental change

This model deals with the problem of the greenhouse effect—a problem of transfrontier pollution. It consists of determining, through the description of a bargaining process, the conditions under which it is preferable for the developing countries to speak with a united voice, and those conditions under which it is preferable for them to negotiate separately one from the other. In particular it is shown that the agreements arising from the bargaining cannot be equitable, and for that reason they include only a limited number of countries.