Business Opportunities And Challenges In Russia

Russia is not the perfect place for business, but it’s a lot better than the casual impression I had before visiting Moscow and meeting with many business and academic professionals.

Business leadership in Russia is transitioning from people raised in the Soviet era to people raised post-Soviet. The change in attitudes affects many facets of the country and constitutes the best argument for opportunity in the country.

The communist era is not completely gone, but it’s certainly going away. One westerner who travels regularly to Russia told me, as an example, that the passport control officials used to be rude, but now are friendly and courteous. I told him that one surly official remained, based on my personal experience. But I generally found helpful, friendly people in Moscow, and I heard that attitudes were similar in other cities. (Read more….)