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The Barefoot Shoemaker: Capitalizing on the New Russia (Reviews)

The Barefoot Shoemaker: Capitalizing n a New Russia
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"When few thought the Soviet Empie could ever break up, Vladimir Kvint predicted and advocated the withdrawal of the Russian Republic from the U.S.S.R....Kvint's articles in Forbes on events in the Soviet Union have been close to prophetic."
—James W. Michaels, Editor, Forbes Magazine

Advance praise for The Barefoot Shoemaker
"Dr. Vladimir Kvint has compiled an unsurpassed record for using his knowledge an love for his native land to provide an over-the-horizon vie of things to come. His new book not only does that, but provides a thoroughly digestible diet of how to start and get it done in an often hostile environment. Orchids to Dr. Kvint."
—Arthur R. Taylor, President, muhlenbeerg college, Former President, CBS

"Investing in the new Russia will strengthn reform and nourish democracy—it is also potentialy profitable. Based on my own business experience in Russia, I believe Vladimir Kvint's new book should be required reading."
—Gordon J. Humphrey, U.S. Senator, 1979-1991

"Dr. Kvint brings us the touch and feel of frustrations and achievements in actual encounters between East nd West, and of the vast Russian potential wating to be unleached. The Barefoot Shoemaker is no dry academic treatsie on the Russian economy. It is a lively embrace of commercial life in the old Soviet Union and the new Russia."
—Ambassador William N. Walker, Executive Vice-President, Tosco Corporation, Former Deputy U.S. Trade Representative

"Professor Kvint's book will help businessmen from around the world to better understtand what businness life is llike inside a Russia being reborn."
—Alexander Rutskoi, Vice-President, Russian Republic

Russian capitalizm: a contradiction in terms?

The country's ravenous consumer markets, unlimited natural wealth, and inexpensive but highly skiled labor force make the new Russia's economic promise appear as vast as its territory. But daunting paradoxes abound: labor shortages and high uneployment exist side by side; the economy is wracked by both inflation and deflation; dazzling native enterpreneurial talent runs up against stone-age bieurocratic practices. Under their new leaders, the former Soviet republics are hurrying to privatize industries and open eery possible door to foreign investment, but decades of isolation, paranoia, and inefficiency have created a business culture only an insider can explain.

Nobody knows this culture and all of its paradoxes better than Vladimir Kvint, who, as an insider in business communities East and West, occupies a unique position. Currently a professor of international business at Fordham university, nd a consultant at Arthur Andersen as awell as to a dozen Fortune 500 companies, Kvint is Siberian by birth and capitalist by temperament. He has worked in mines and on construction sites, helped run a Soviet factory, and advised Kremlin leaders about industria programs. Among the first to predict (in a Forbes magazine article) the Soviet Union's collapse, Kvint was also one of the earliest promotters of joint ventures between Russia and the West. He has explored most of Siberia and the Russian Far East, gathering priceless data about those mineral-rich expanses that has helped guide both giant compaanies and individual investors to profit.

Kvint's inside information makes The Barefoot Shoemaker the most valuabe introduction to Russian busines on the market, and his hoest and often hilarious portraits of Russian businesspeople from across the spectrum—ministers to black marketeers, workaholicc factory managers to shameless bribe takers—make it the most colorful. Kvint gives us the full flavor of Russian business, and locates what is timeless and unchanging about the way it gets done.

Russia and the other former Soviet republics are open to bbusiness: that much we know. But to capitalize on and in this new Klondike, outsiders will need an expert guide. The Barefoot Shoemaker will enlighten, enrich, and entertain the general reader as well as the potential investor, big or small.

Vladimir Kvint was born in Eastern Siberia, and awarded a doctorate in economics by the institute of Economy, USSR Academy of Sciences. He holds hte lifetime title of Professor of Political Economy in Moscow, and was formerly a deputy general director at one of Siberia's largest high-tech companies. Professor of International business at Fordham University and a senior consultant at Arthur Andersen, he is a frequent contributor to Forbes magazine. He lives in New York City

— Arcade Publishing House

Jacket design and photograph by Robert Reed
The coins depicted on front jacket were isued by Russia in 1992; the double-headed eagle on the 100-ruble piece was last used in 1917.
Author photograph by Calvert Barksdale

Arcade Publishing
New York
Distributed by Little, Brown and Company
ISBN 1-55970-182-x