RUSSIA TRUE BUSINESS PERFORMANCE - INVITING TO INTERNATIONAL-BUSINESS

Russia may be twice as inviting to international businesses as has bee n previously thought, because its gross domestic product (GDP) and its consumer demand may be twice as large as has been reported in the off icial Russian statistics of Goskomstat. This is because as much as 90 percent of the business activity of Russian companies, especially smal l private-sector companies, is never reported to Goskomstat and theref ore never included ill Russia's data about GDP and per capita income ( PCI). This vibrant and growing economy, unearthed in this study by car efully structured qualitative research tools, implies solid, but dange rous and compromising, opportunities for international business.