IMPROVEMENT OF STATE SUPPORT MEASURES FOR THE INVESTMENT ATTRACTIVENESS OF THE REGION (ON THE EXAMPLE OF THE VOLGOGRAD REGION)

Differentiation of regional entities of the Russian Federation in terms of investment attractiveness is a serious problem for Russia today. The consequence of this situation is the uneven distribution of investments in the budgets of regional entities, which leads to a deficit or surplus of investments in certain regions. To date, there is no single definition of the investment attractiveness of a region. Most often, investment attractiveness is defined as an integral indicator that includes economic, political, financial, social and environmental indicators. It serves as an indicator of analytical assessment for experts, on the basis of which measures can be developed to improve the socio-economic sphere of the region. When assessing the investment attractiveness of the Volgograd region, several rating systems were considered. According to the result, the following patterns were revealed: – low ranking position of the Volgograd region. Among 85 constituent entities of the Russian Federation in terms of investment attractiveness, the Volgograd Region is consistently below average; – a tendency for the worsening of the rank of the investment risk of the Volgograd region; – serious differentiation of indicators of the investment potential of the Volgograd region and the regions of leaders in the ratings of investment attractiveness. The article presents the methods of state support for the investment sphere of the Volgograd region. Ways to improve government measures to support the investment attractiveness of the Volgograd region are proposed: – increasing funding for social services to reduce the dramatic increase in social risk in 2020; – expanding the list of state support for activities related to investment activities; – creation of favorable conditions for increasing the gross regional product and fixed assets of the Volgograd region; – stimulating demand for the products of enterprises of the Volgograd region.

investment attractiveness, investment potential, investment risk, state support, investment policy, investment rating, gross regional product, fixed assets, competitiveness of the Volgograd region, methodology of investment attractiveness.

Sazonov S. P., Elsukov L. A., Elsukova Yu. Yu. Improvement of state support measures for the investment attractiveness of the region (on the example of the Volgograd region). Business. Education. Law, 2021, no. 3, pp. 48—53. DOI: 10.25683/VOLBI.2021.56.340.