Russian space commercialization - getting the banks involved

While the world market for space goods and services has grown enormously and continues to do so, Russia's meagre share of it is out of all proportion to its technological and intellectual base. This was initially the fault of its rigid political system, which has made it hard for companies to adapt to a market economy. This viewpoint argues that Russia's banks, which have played a major role in the country's economic reforms, should be encouraged to invest in its space industry. In particular they could finance the ‘space education’ of the business community and fund surveys and feasibility studies. In the long term this could generate large profits and would improve their standing in the world. Ultimately they might join specialist international bank associations set up to finance cooperative ventures.