State Procedures for Improving the Investment Climate in the Russian Federation: Prospects for Improvement
https://doi.org/10.22394/1726-1139-2021-12-70-80
Abstract
The COVID-19 pandemic interrupted many trends that had developed before it and again updated the issue of modernizing the Russian economy, restarting the mechanisms of economic growth and sustainable socio-economic development. The key to resolving these issues is to increase the investment activity of the business. The investment climate is one of the key characteristics that testify to the freedom of entrepreneurial activity, the ease of opening and conducting business, the quality of regulatory procedures in the economy, the effectiveness of business entities, and the provision of equal opportunities for the development of the private sector. A favorable investment climate reveals the potential for the development of private companies. The article considers the system of state procedures in the field of improving the national investment climate, gives a brief description of the main tools and projects to improve the investment climate, analyses the changes in the main target indicators of investment attractiveness of the Russian Federation.
About the Authors
D. E. Mereshkin
Russian Presidential Academy of National Economy and Public Administration (North-West Institute of Management, Branch of RANEPA)
Russian Federation
Russian Federation
Dmitriy E. Mereshkin - Deputy Director of North-West Institute of Management of RANEPA , PhD in Jurisprudence.
St. Petersburg
V. A. Plotnikov
Saint-Petersburg State University of Economics
Russian Federation
Russian Federation
Vladimir A. Plotnikov - Professor of the Chair of the General Economic Theory and History of an Economic Thought of St. Petersburg SU E, Doctor of Science (Economics), Professor.
St. Petersburg
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Review
For citations:
Mereshkin D.E., Plotnikov V.A. State Procedures for Improving the Investment Climate in the Russian Federation: Prospects for Improvement. Administrative Consulting. 2021;(12):70-80. (In Russ.) https://doi.org/10.22394/1726-1139-2021-12-70-80
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