Tuesday, December 31, 2019
A Study On B H Restaurant - 1339 Words
The study took place in B H Restaurant, which is located in 127 2nd Ave, New York, NY 10003, United States. The study was achieved in two separate visits each taking a period of two hours in the restaurant. The first visit to the restaurant was conducted on 13 October 2014 from 9A.M to 11A.M. The last visit was conducted on 14 October 2014 from 12 noon to 2 P.M. The restaurant is located bet 7th St and St Marks Place. It is a traditional genuine diner-style restaurant. A local restaurant is usually located in New York City, which is a federal district of New York. The restaurant serves breakfast, lunch and dinner with Cuisine like pierogies, borscht, latkes, challah bread and savory blintzes. The juice bar section offers wheatgrass shots and fresh juices. It offers unique eating experience in an attractive environment at the soothe of outdoor terraces. No alcohol drinks are provided in the restaurants. The fees at the restaurant are fair and the menu collection is most appropriate to more developed tastes. The restaurant opening hours are between 7:00 A.M to 11:00 P.M. The demographic population of B H restaurant changes hour from hour on any day. Early in morning, most customers will be loggers and tradesmen having breakfast before going to their work activities. In the midmorning, which is around 9A.M to 11A.M customers in the restaurant consist of residents who have already retired from work and therefore use B H restaurant as a socializing place. In theShow MoreRelatedAn Experimental Approach And Avoidance Motivation Essay800 Words à |à 4 PagesManagement, 28(8), 1510-1534. Baron, R. A. (1990). Lighting as a source of positive affect. Progressive Architecture, 71, 123ââ¬â124. Batra, A. (2015). An Examination of the Role of Restaurant Attributes on Patrons Dining Experience and Their Post-Purchase Intentions. International Tourism and Hospitality in the Digital Age, 125. Berman, B., Evans, J. R. (1995). Retail management: A strategic approach. Englewood Cliffs, NJ : Prentice Hall. Bitner, M. J. (1992). Servicescapes: The impact of physical surroundingsRead MoreTips For Preventing Food Poisoning906 Words à |à 4 Pageswork place. ï ¬ Washing hands before or after dealing some specific tasks (work, smoking, etc.); ï ¬ Suitable temperature for food storage and cooking (below 5 and above 60); ï ¬ Handling of equipment; The food safety guidelines apply to the whole restaurant. 5 strengths including: 1. Keeping hygiene factors; 2. Avoiding food poisoning; 3. Foods can be store in a proper and tidy way; 4. Foods can be stored for longer time; 5. Easier for new staffs to follow as guidelines were set 5 weakness including:Read MoreData File 1 Statistics in Educational Research1504 Words à |à 7 Pagesstatistics are indications that this is a sample (Bennett, Briggis, amp; Triola, 2009). b) An investigation of 150 randomly selected local restaurants concluded that 42% of local restaurants have serious health code violations. Is this a population or a sample; explain your answer. The 150 randomly selected local restaurants were used to determine the characteristics of all of the restaurants in local area. Raw data was collected to estimate a population parameter; therefore, this is aRead MoreA Product Recommendation System Based On Mobile Context1359 Words à |à 6 Pagesdatabase server. The client-side requests data or the relevant parameters via POST such as user surrounding contextual information, personal preferences, and so on. JSON (Javascript Object Notation) is a data exchange language to respond to the requests. b. RECOMMENDATION BY CONTEXT Such a recommendation system collects the user s location season, and preferences of the type of product. Users can set their preferred time, eating habits, or even hide disliked products and the system collects the logsRead MoreDominos Sizzles with Pizza Tracker1511 Words à |à 7 PagesINTERACTIVE SESSION: ORGANIZATIONS DOMINOS SIZZLES WITH PIZZA TRACKER When it comes to pizza, everyone has an opin ion . Some of us think th at our current pizza is just fine the way it is. Others h ave a favorite pizza joint th at makes it like no on e else. And m any pizza lovers in America agreed up until recentl y that Dom ino s home-delivered pizza was amo ng the worst. The home-delivery market for pizza cha ins in th e United States is approximat ely $15 billion per year. Dominos, whichRead MoreEssay on Low Income Families Living in Food Deserts1326 Words à |à 6 Pagesconvenience stores and fast food restaurants because it is all they can afford. Socio-economic status is a defining characteristic of food deserts. Food deserts are most commonly found in areas dominated by minorities and low-income families. Studies show that wealthy areas have about triple the amount of supermarkets as poor urban areas do. In addition to this, predominantly white communities have about 4 times as many grocery stores as predominantly black ones do. Studies also show that grocery storesRead MoreCalorie Labeling Policy And Its Effects On Consumer Decisions1163 Words à |à 5 Pagesstill in the process of evaluation. However, several studies have been conducted to analyze the effect of this policy over several years. In one particular study, participants were randomly assigned a menu without calorie labels, a menu with calorie labels or a menu with calorie labels and a label stating the recommended daily caloric intake for an average adult (Roberto,2010). Food choices and intake were then evaluated during and after the study dinner. According to the results, ââ¬Å"participants inRead MoreStudent1436 Words à |à 6 Pagesbe purchased in cities and suburbs, on riverfronts, in college football stadiums and in discount stores. There are fast food restaurants at most major road intersections, and billions of dollars are spent annually to advertise everything from fast food frozen yogurt to kid s meals. Grocery stores have even gotten into the act with their own versions of fast food restaurants. Families with sick children can stay in Ronald McDonald houses located close to the hospital where the children are receivingRead MoreEssay on EDP PROPOSAL Benta Bento829 Words à |à 4 Pagesfulfillment of the requirement for the degree Bachelor of Science in Business Management Rachel B. Adefuin Ellie Rose B. Burgos Jelly MarizManguling Joselle P. Martinez Republic of the Philippines Cavite State University Cavite City Campus Department of Management Authors: Rachel B. Adefuin Ellie Rose B. Burgos Jelly MarizManguling Joselle P. Martinez Proposed Titile: Benta Bento ââ¬Å"Meal to Goâ⬠Type of Study: Enterprise Development Project A P P R O V E D: VICTORIANO N. RODIL MA. CIELLA SRead MoreHow Do China Born Immigrants Essay1178 Words à |à 5 PagesResearch Question 4: How do China-born immigrants in the GTA describe the challenges and successes in starting their own businesses as entrepreneurs? Three themes emerged for this research question: (a) Troubled marriages; (b) Raising funds; and (c) Opportunities to help other newcomers. Following is a discussion of each of these themes. Theme 1: Troubled marriages. Of 21 participants, six (P1, P2, P8, P11, P12, and P18) experienced trouble in their marriages after they landed in Canada. Three
Sunday, December 22, 2019
The Effects Of Climate Change On The Alaskan Environment...
Every country in the world has been affected by climate change. Climate change is a change in the statistical properties of the climate system that persists for several decades or longer (Montgomery, 2015). Climate change (or global warming) can be caused by a natural progress such as sun s radiations and volcanoes, or it can be caused by human s actions such as land use, deforestation, and pollution. (Hardy, 2003).This phenomenon not only affects the environment, but it also affects human lives. Alaska is the largest state in the United States. It includes lands on both sides of the Arctic Circle. Sixteen national wildlife refuges are home to a great variety of flora and fauna. In the past 60 years. The Alaska s environment changed drastically; the climate is warming up as twice as much in comparison to all the other states. This essay will discuss firstly the climate change in the Alaskan environment. Then it will highlight the changes in the ocean and costs, the effects that global warming is having on Alaska s natives and the melting permafro st. It will then finally address who is responsible for this effects and some measures that can be taken. The first effect that global warming is having on Alaska regards coasts and oceans. In the northern summer, the sea ice is decreasing faster than previously recorded and it is foreseen to melt before mid-century (Chapin, F.S 2014). Solid ice is disappearing as there are no longer massive icebergs during fall and winter,Show MoreRelatedClimate Change And The United States1574 Words à |à 7 Pagesreport will analyze climate change and the initiative that the United States is taking in the Arctic. If ignored, climate change poses serious problems for the worldââ¬â¢s population in the near future. The increasing amount of media regarding the severity of climate change has pushed researchers for answers. The report will explore the causes of climate change, how climate change is affecting the ecology, economy and people in the Alaskan Arctic, and possible solutions to the climate changing. 1.2 BackgroundRead MoreThe Carbon Of Arctic Reservoirs Vulnerability Experiment1209 Words à |à 5 Pagesextent of Arctic carbon cycling impacts to the Arctic atmosphere and the local Alaskan ecology. The data results of this mission will help both NASA and global scientists better understand how the estimated rate of greenhouse gas emissions affect the rise in temperature and potential impact of Earthââ¬â¢s future climate near and long-term. The CARVE mission goals intend to answer important questions about Earth climate change. Ultimately, CARVE will provide an integrated set of data that will provide unprecedentedRead More Drilling Alaska: America Needs to Adopt Conservation Practices!1645 Words à |à 7 Pagescontrol activities to ensure that activities ââ¬Å"will result in no significant adverse effects on the fish, and wildlife, their habitat, subsistence resources and the environment.â⬠I wonder if regulation can effectively prevent such damage? Can the most high-tech, compact, thoroughly monitored development still pose an unacceptable risk to the wilderness? In a situation such as this where the natural environment is at a serious risk and the public and decision makers are in a dispute, we must allRead MoreGlobal Environmental Change In Glaciers : The Impact Of The Global Climate Change876 Words à |à 4 Pagesevaluated invertebrates from several regions affected by shrinking glaciers with the goal to determine the impact of the global environmental change in related ecosystems. Glaciers and Inhabitants Earth is now facing a big thaw as the world continues to warm up. Glaciers in various cold regions are melting due to the rise of global temperature, a result of climate change caused by the accumulation of greenhouse gases in the atmosphere. One of many locations dominated by glaciers is the Glacier NationalRead MoreAlaska s Coal Clean Coal2249 Words à |à 9 Pagesimpacts on the environment, wildlife, and Alaskans. Altogether coal is one of the most dangerous sources of energy to the well being of the environment. According to Tim Appenzeller in ââ¬Å"High Cost of Cheap Coal: The Coal Paradox,â⬠ââ¬Å"of all fossil fuels, coal puts out the most carbon dioxide per unit of energy, so burning it poses a further threat to global climate, already warming alarminglyâ⬠(1). Mining enough coal to supply the world, would really take a toll on Alaskaââ¬â¢s climate because of its vastRead MoreWidespread Biomes: Tundra 856 Words à |à 3 Pagesregarding the subject of climate change. Since climate is changing fastest at high latitudes and altitudes, the tundra ecosystem is currently experiencing rapid changes in its natural environment (2). In addition, tundra acts as a carbon sink, with soils storing more than 90% of the carbon present in this ecosystem (3). Plant growth and litter decomposition are two main factors driving carbon accumulation and release rates. Both of these processes ar e sensitive to climate change, and alterations in theRead MoreAnalysis Of Earth s Blanket 1253 Words à |à 6 PagesGeography, discusses the various climates that exist within our world. As the chapter goes on, the book explains the past climate changes due to the numerous fluctuation in Earth s average temperature. One well known theory, the Milankovitch theory, explains that the fluctuation of Earth s temperature are due to the long-term variations in Earth s orbital eccentricity, tilt, and axial precession, (Arbogast 236). In our present day, the vast majority of climate scientists agrees that the worldRead MoreThe Subject And Objectives Of Operation Caream1873 Words à |à 8 Pagescomposed of Carbon in the Arctic, a little like DSICOVER-AQ. A peculiar effect of aerosols in the Arctic is that they actually help decrease the warming of the Arctic, which heats twice as fast as the rest of the worldââ¬â¢s locations. These aerosols, made from carbon, will scatter sunlight and h elp in the creation of clouds, which would block the sunlight (McSweeny, 2015). Operation CAREAM was designed to help investigate this effect on the Arctic and help scientists better understand. In previous yearsRead MoreA Research Study On The Snowshoe Hare1492 Words à |à 6 Pagesdifferent types of climate. According to Dashiell Feierabend, Knut Kielland, (2015) the survival and predation of these snowshoe hares was researched for quite some time, yet no true leads have been discovered such as hareââ¬â¢s vulnerability, which leaves the question of what predators and climates can influence their vegetation and coverage. (Feierabend Kielland, 2015). These beautiful creatures are preyed on by a multitude of different animals and also wander into an array of climates. Sunny, hot, snowyRead MoreClimate Change, Oil Spills, Coastal Erosion, And Alternative Energy1825 Words à |à 8 PagesArctic to fix pollution on the earth and prevent future pollution in the environment. This ini tiative has four pillars: climate change, oil spills, coastal erosion, and alternative energy which are all topics affecting the arctic region of the United States and the world. It is crucial that todayââ¬â¢s society pays close attention to the problems arising from these issues causing our environment to suffer; one being the effect that oil spills are having on the arctic region. An oil spill is defined as
Saturday, December 14, 2019
Scene Analysis Sexuality in Blue Angel Free Essays
In Josef von Sternbergââ¬â¢s film Blue Angel, female sexuality is defined through the character Lola Lola. The lead female character is captured using select subject-camera distances that seem to make her appear powerful and in control. The medium shots of Professor Rath and the full shots of Lola Lola during the first ââ¬Å"falling in love againâ⬠performance are used to compare the emotional male character to the empowered female character, and therefore illustrate the evolving sexual identity of women. We will write a custom essay sample on Scene Analysis: Sexuality in Blue Angel or any similar topic only for you Order Now The scene begins with a full shot of Lola Lola performing in front of a large audience. Her posture and attire are fully captured by the camera as she sings to the crowd. With her hands on her hip, she performs confidently in an outfit that emphasizes her figure. The camera suddenly shifts to another full shot following Professor Rath to his reserved seat. Because the beautiful singer mesmerizes him, he must be ushered to his seat above the crowd. Again, a full shot captures the performer before she is interrupted for a formal introduction of Professor Rath. The first medium shot in this scene shows the Professor wildly looking below at the crowd. A scanning full shot of the crowd is quickly given before returning to a seemingly happy Rath. Once again Lola strolls around the stage with her hands on her hips; the camera follows her as she sits down and sings to the delighted professor. Although the camera zooms in slightly for a three-quarter shot, the viewer is able to see her streamline body, while she enchants the main character. Rath is filmed from the waist up once more and is visibly consumed by his emotions, while the singer w is captured fully in a slightly seductive position. The camera shifts to a peculiar three-quarter shot of the clown and a musician. From this view, the camera follows the clowns upward gaze as he looks upward at Professor Rath. The camera is slightly distanced from the sitting professor, so the viewer may see a tall sculpture portraying the female body. The Professor becomes visibly uncomfortable by the artwork and awkwardly shifts in his chair until his eyes fall back onto Lola Lola. The camera then switches back and forth between full shots of the alluring singer and medium shots of the entranced man; she appears to be seducing him confidently from the stage as he bashfully watches from afar. The scene closes with a medium shot of the enthralled professor who has truly been captivated by the brazen performer. Throughout the scene, the female character is distanced more than the performer since she is not as emotionally vulnerable as the male lead. Lola remains in control throughout the entire performance, and she effortlessly evokes a response from the man watching her. Professor Rath visibly struggles with the decency of the club. Although the woman singing to professor excites him, the man is slightly uncomfortable with certain aspects of Blue Angel. The subject-camera distances used in Lolaââ¬â¢s first performance of ââ¬Å"Falling in Love Againâ⬠adds to the movies theme of female sexuality during the Weimer Republic. Full shots capture Lolaââ¬â¢s ability to seduce the old professor, while medium shots emphasize his reactions and emotional response. This scene How to cite Scene Analysis: Sexuality in Blue Angel, Essay examples
Friday, December 6, 2019
Foreign Direct Investment in Russia-Free-Samples-Myassignmenthelp.com
Question: Perform a Country analysis and assessment of a new emerging Market where rapid GDP growth has created attractive Investment Opportunities. Answer: Introduction Country analysis refers to the detailed evaluation and interpretation of a countrys social, political and economic environment. This is helpful for the investors in the financial market. The following report addresses the country analysis of Russia in respect of the emerging market of textile and apparel industry. It focuses on the general overview of the country and detailed analysis of various social, economic and political factors, which influence the growth of the economy, scope of emerging markets, and level of FDI. The factors for competitive advantage, potential and opportunities of FDI, trade policies, foreign currency and exchange market, and recommendations for the scope of investment in the textile industry will be discussed in this report. Russia, officially the Russian Federation, is the biggest country in the world by the surface area, spanning over 11 time zones, and it is the 9th most populous country, with more than 144 million of people by March 2016 (Neumann 2016). The European western region of the country is more populous and more developed compared to the eastern region. The history of Russia is quite old and over the millennium, the country has gone through major political, social and economic changes. After the Russian Revolution, the Soviet Union was the biggest socialist state in the world. It played a major role in the allied powers in World War II and became the rival of United States in the cold war. The Soviet era witnessed major technological accomplishments of the last century. However, the Union or USSR collapsed in 1991 due to many radical reforms by then president, Mikhail Gorbachev, and the new Russia was born (Kaiser 2017). The economy of Russia holds the 12th position among the largest economies by nominal GDP and 6th by PPP in 2015 (Neumann 2016). The country is one of the market leaders in the production of natural gas and oil. It is part of many economic and social councils of the world. PESTL analysis of Russia PESTL is a market analysis tool, which helps to evaluate the external forces influencing the business and operation of a nation or any organization. PESTL stands for political, Economic, Social, Technological and Legal factors, affecting the external forces of a nation or an organization (Shabanova et al. 2015). The PESTL analysis for Russia is explained below. Political: Russia maintains an open foreign relationship strategy. The country witnessed economic and political turmoil when it got defeated in Afghanistan and the economy was badly affected. The government worked hard to regain stability and currently the system has become economically and politically stable. It has relationships with 191 countries and embassies in 144 countries. However, there is no political freedom in Russia, even though it is a federation and the corruption rate is very high (Vovchenko, Kochka and Pogorelenko 2015). Economic: The economy is growing and expected to reach $3.18 billion GDP by 2018 (Liuhto, Sutyrin and Blanchard 2016). The strong resource sector is the backbone of the economy. However, the corruption and high crime rate in the country discourages the investors for investing in the country, making the financial market vulnerable. Russia has the largest agricultural area and produces more crops than many nations, and maximum of crops gets exported to Asia and Europe. The economy is largely dependent on the price of oil. However, the textile industry in Russia is not developed. The country imports apparels from South East Asia (Shabanova et al. 2015). Social: Russia has a capitalist social structure. There were many social problems, such as, income inequality, high crime rate, high corruption, high death rate, and low living standards. However, the situation is improving with the government intervention (Wirtschafter 2015). Technological: Technology is one of the strengths of the country. When the technological revolution started, Russia became a pioneer in this, especially in space science. The first man in space was a Russian. The technological advancements such as, Nanotechnology and Rosnano, and in IT fields, manufacturing of weapons, and in the fields of mathematics, chemistry, aerospace engineering have contributed significantly in the development of the country (Aslund 2013). Legal: Russian jurisdiction is strong, although people have less political freedom. The government has brought about new legislative reforms in the country to attract investors in the country. The textile and apparel industry is the new emerging market, which has a big scope in the country. With a substantial amount of investments in this sector, it has a scope of huge growth. The industry can focus on the PESTL analysis of the country and can take actions accordingly. Factor endowments creating competitive advantage Russia has been endowed with huge amount of natural resources, such as, oil and natural gas. This leads to low energy prices. Relatively educated work force is another factor leading to competitive advantage. Hence, the reserve of natural resources and raw materials, lower prices of oil and educated work force are the factors for competitive advantage and in the next few years, Russia needs to improve the level of competency through development of skills and competency. These are favorable for the development of manufacturing industry (Series 2014). The textile and apparel industry is one type of manufacturing industry. The lower prices of energy and raw materials, the huge amount of agricultural land and skilled labor can help in the growth of this industry. Russia can easily grow cotton and develop the industry. The conditions of the textile manufacturing plants can be improved and it can produce apparel within the country, rather than importing from other countries (Hansen 2014). However, the economic and international relations factors, such as, exchange rate with other countries should be made favorable. The investors should feel confident about investing in Russia. The government must impose some protection for the domestic producers and thereby encouraging the improvement in the factors for competitive advantage (Kalotay 2015). Foreign currency and foreign exchanges influence The foreign currencies and exchange rate play a major role in the development and shaping of the economy of a nation. The exchange rate is the price of a countrys currency in terms of the currency of another country (Gabaix and Maggiori 2015). Hence, there are two components in the exchange rate, one is the domestic currency and the other is the foreign currency. For international trade, exchange rate is the most important part. It directly affects the export and import of a country. When the Russian Ruble is stronger compared to other currencies, the imports become cheaper and exports become costlier (Ghosh, Ostry and Chamon 2016). The major trading partners of Russia are Italy, Germany, China, Poland, Turkey, UK, USA, Switzerland and Finland. It also has trading partnerships with the countries in South East Asia for the imports of textiles. The other importing products are machineries, vehicles, food, chemical products, consumer goods etc. (Hameed and Rose 2016). The developed industries are machinery construction, energy and fuel, chemical and petrochemical, metallurgy, and agriculture. Thus, the textile industry is not developed yet, rather it is an emerging market. The foreign exchange is a major contributor in the development of the industries in Russia. When the currency appreciated due to high exchange rate, the global investors become interested to invest their money in the hope of higher return (Paw?ta and Miko?ajczyk 2016). Hence, the textile industry would be benefitted if it receives foreign direct investment from global investors. The amount of the investment is dependent on the exchange rate. If t he exchange rate is high in favor of Russia, the Ruble will appreciate and the investors will get higher return from their investments in Russia. The textile industry of Russia can develop with the help of the foreign direct investment. When the industry and domestic market will be developed, the country can reduce the textile imports (Hansen 2014). Existing trade policies, systems, barriers and incentives During the existence of USSR, two main trade policies were state monopoly on the foreign trade and tough protectionism (Makeeva and Chaplygina 2015). After 1991, Russia has adopted extremely liberal principles for establishment of free market. It had started trade with the developed western countries. Russia has trade agreements with European Union, and has membership in World Trade Organization (WTO). It is the 3rd trading partner of EU and EU is the 1st trading partner of Russia (Kuznetsov and Mezhevich 2016). The country has imposed specific tools such as import quota and export quota, import and export licensing, technical regulations in the international trade policies. It also has formulated policies for service trade, although those are not rigid apart from the currency regulation. The new agreement between EU and Russia focuses on building a comprehensive framework for the bilateral trade relations, along with stable and balanced rules for trade and investments. EU is the maj or FDI provider for Russia, by providing almost 75% of the total FDI inflow (Ec.europa.eu 2017). The trade barriers are mostly faced by United States companies while doing business in Russia. They face many tariff and non tariff barriers during exports. Russia banned US agricultural products and food items in 2014 after the annexure of Crimean peninsula. In the financial sector, there is a serious limitation for the foreign companies to access all the financial services in the country. The inefficient banking sector and underdeveloped financial sector are major obstacles towards economic growth of Russia. The restrictions on foreign capital investment and lack of competition in these sectors possess barriers to growth (European Commission 2016). The Russian government has started providing tax incentives and subsidies for investment. It also provides incentives for exports. This is a step towards trade liberalization. Existing level of FDI The FDI inflow in Russia was highest in the year 2008 at 74.8 billion USD and then declined. It again shot up to 69.2 billion USD in 2013 due to the transaction between BP and Rosneft, and declined very sharply to 22 billion USD and 6.5 billion USD in 2014 and 2015 respectively. The rapid fall in FDI inflow in 2014 pushed down the country to the 16th position in FDI inflows in the world from 5th position in 2013. The slump in FDI inflow occurred due to the influence of the conflict in Ukraine, poor climate for investments, introduction of the sanction plans, and downfall of the overall economy due to falling prices of oil (cbr.ru 2017). This was the first year when outward FDI flow exceeded the inward FDI flow in Russia. In 2015, the fall in FDI was 92% from that in 2014. However, the inflow increased by 62% from 2015 and reached 19 billion USD, due to privatization of the Rosneft company (santandertrade.com 2017). (Source: World Bank 2017) (Source: World Bank 2017) The share of FDI is very low in the GDP of Russia, only 1.5%, in the view of the growth potential of the economy (cbr.ru 2017). The FDI mostly comprises of working capital investments. In the recent years, the country has adopted many reform schemes, but corruption, administrative problems and uncertainties about regional stability have posed significant challenges. The FDI inflow is not expected to improve as long as the conflict in Ukraine and enduring problems of the governing system continue. To maintain a balance, the capital outflow should be reduced. From the FDI data of the UNCTAD and Central Bank of Russia, it is found that the major FDI inflow was in trade and repair of vehicles, 28.3%, followed by manufacturing (23.9%), financial activities and insurance (13.9%), mining and quarrying (13%) and real estate (4.3%) (unctad.org 2017). Thus, textile industry can establish its position to gain the foreign support. If the government shifts its focus to develop the textile industr y, the FDI inflow can happen in that sector and can contribute in the development of this sector, as well as of the economy. (Source: unctad.org 2017) Recommendations To overcome the challenges, it can be recommended that, Russia should promote the technological modernization of the textile industry and the economy through the facilitation of advanced technologies and equipment from abroad. It should expand the usage of the customs and the tariffs for exports, which includes the reduction of duties on the raw materials and equipment for producing export goods and establishment of special zones for processing of export products, and should take measures to eliminate export restrictions in the international market. Russia should adopt measures to increase the level of FDI in the textile industry and reduce the financial regulations to encourage the investors (Makeeva and Chaplygina 2015). In the end, it can be concluded that, the Russian economy is still recovering from the financial crisis of 2008-2009. Although the level of FDI has been improving after the sharp downfall in 2014, the country needs to adopt more liberal policies for increasing the level of foreign investment in the country. The PESTL analysis describes the economic, social, political, technological and legal scenario of the country. The existing level of FDI is 19 billion USD although, the textile sector does not receive any foreign capital. The textile industry is not yet developed and the country imports from the South East Asia. It is an emerging market, where there is a huge opportunity for potential FDI. References Aslund, A., 2013.How capitalism was built: the transformation of Central and Eastern Europe, Russia, the Caucasus, and Central Asia. Cambridge University Press. cbr.ru, 2017.Statistics | External Sector Statistics | Bank of Russia. [online] Cbr.ru. Available at: https://www.cbr.ru/Eng/statistics/?PrtId=svs [Accessed 19 Aug. 2017]. Ec.europa.eu, 2017.Russia - Trade - European Commission. [online] Ec.europa.eu. Available at: https://ec.europa.eu/trade/policy/countries-and-regions/countries/russia/ [Accessed 19 Aug. 2017]. European Commission, 2016.Trade and Investment Barriers and Protectionist Trends. [online] trade.ec.europa.eu. Available at: https://trade.ec.europa.eu/doclib/docs/2016/june/tradoc_154665.pdf [Accessed 19 Aug. 2017]. Gabaix, X. and Maggiori, M., 2015. International liquidity and exchange rate dynamics.The Quarterly Journal of Economics,130(3), pp.1369-1420. Ghosh, A.R., Ostry, J.D. and Chamon, M., 2016. Two targets, two instruments: monetary and exchange rate policies in emerging market economies.Journal of International Money and Finance,60, pp.172-196. Hameed, A. and Rose, A.K., 2016. Exchange rate behavior with negative interest rates: Some early negative observations. Hansen, P.F.B., 2014.Determinants of net FDI inflow to a cluster of Central and Eastern European countries(Master's thesis, Norwegian University of Life Sciences, s). Kaiser, R.J., 2017.The Geography of Nationalism in Russia and the USSR. Princeton University Press. Kalotay, K., 2015. The impact of the new ruble crisis on Russian FDI. Kuznetsov, S.V. and Mezhevich, N.M., 2016. Industry of Russia: external factors of internal modernization.St. Petersburg State Polytechnical University Journal. Economics, (1). Liuhto, K., Sutyrin, S.F. and Blanchard, J.M.F. eds., 2016.The Russian Economy and Foreign Direct Investment. Taylor Francis. Makeeva, A. and Chaplygina, A., 2015.Russian Trade Policy. [online] Center for Environment and Sustainable Development. Available at: https://trade.ecoaccord.org/2015/trade_policy_engl.pdf [Accessed 19 Aug. 2017]. Mishra, A. and Agarwal, A., 2017. Impact of FDI on Economic Growth and Employment: A Study of (Brics) Nations. Neumann, I.B., 2016.Russia and the idea of Europe: a study in identity and international relations. Taylor Francis. Paw?ta, E. and Miko?ajczyk, B., 2016. Areas for Improving the innovation performance of the textile industry in Russia.Fibres Textiles in Eastern Europe, (1 (115)), pp.10-14. santandertrade.com, 2017.Foreign investment in Russia. [online] En.portal.santandertrade.com. Available at: https://en.portal.santandertrade.com/establish-overseas/russia/foreign-investment [Accessed 19 Aug. 2017]. Series, F.P.B., 2014. Governance Quality as a Determinant of FDI: the Case of Russian Regions. Shabanova, L.B., Ismagilova, G.N., Salimov, L.N. and Akhmadeev, M.G., 2015. PEST-Analysis and SWOT-Analysis as the most important tools to strengthen the competitive advantages of commercial enterprises.Mediterranean Journal of Social Sciences,6(3), p.705. unctad.org, 2017.unctad.org | Country Fact Sheets 2017. [online] Unctad.org. Available at: https://unctad.org/en/Pages/DIAE/World%20Investment%20Report/Country-Fact-Sheets.aspx [Accessed 19 Aug. 2017]. Vovchenko, N.G., Kochka, V.A. and Pogorelenko, N.S., 2015. PESTLE Analysis. SBERBANK Russia. - ( ), (28), pp.99-101. Wirtschafter, E.K., 2015.Social Identity in Imperial Russia. Northern Illinois University Press. World Bank, 2017.Foreign direct investment, net inflows (% of GDP). [online] Data.worldbank.org. Available at: https://data.worldbank.org/indicator/BX.KLT.DINV.WD.GD.ZS [Accessed 19 Aug. 2017].
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