Abstract
The author, a noted Japanese observer of Soviet and post-Soviet economic affairs, examines the investment crisis in Russia in light of data generated by Russian government statisticians. Presented are recalculations of contributions to the growth of Russia's gross domestic expenditure by end use, of fixed investments by sector and source of financing, as well as calculations in current rubles of the balance of savings and investments for the years 1989 through 1996. Concluding comments emphasize the flight of capital, the high costs of investments, and the concentration of bank resources on activities in the state bond market. Journal of Economic Literature, Classification Numbers: E21, E22, G24, O52.5 tables, 18 references.
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