Doing Business in Russia. Котова К.П - 49 стр.

                                         49

poll conducted in 1993, 54 percent of them believe that the development of pro-
duction and economic reform will be difficult without the financial, technical,
and technologic aid from abroad. Thirty percent of respondents believe that for-
eign credits are needed in order to overcome the crisis.
        Managers and entrepreneurs count on the assistance of local government
bodies rather than federal structures of state management in establishing coop-
eration with foreign firms.
        It should be noted that 62 percent of the respondents in the poll aimed at
the expansion and deepening of versatile cooperation with foreign capital, and
only 22 percent were against foreign capital in Russia’s economy.
        It is not enough to note that managers of the economy favor the presence
of foreign capital. There is a circumstance that creates difficulties in establishing
economic partnerships. The poll conducted by the sociological service, “Cas-
sandra”, showed that half the number of Russian business people object to the
fact that the lobby of foreign interests in top echelons of power in Russia is more
effective than the lobby of interests of Russian entrepreneurs.
        In addition, many business people are anxious about competition from
experienced and wealthy Western business people. Thus, the poll of chairmen of
regional banks held by the institute of comprehensive Social Studies in Decem-
ber 1992 and December 1993 showed that half of the respondents were seriously
concerned about the competition from foreign banks, operating in Russia, if they
have the same rights as domestic banks.


IV.    Fill in the blanks with suitable English words and collocations given be-
       low:
      foreign capital         positive influence        to foresee
      participation           involvement               dependent
      negative attitude       to play