Current Problems of Investment Attractiveness Development of Russian Municipalities

Актуальные проблемы развития инвестиционной привлекательности российских муниципальных образований

Kondratenko Oleg
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Kondratenko Oleg: Russian Presidential Academy of National Economy and Public Administration

Russian Economic Development, 2021, issue 3, 59-67

Abstract: The article analyzes the results of a survey of 2120 representatives of municipalities from 807 municipalities from 81 Russian regions. The goal of research: to obtain the views of respondents on the issues and necessary measures for the development of business environment in Russian municipalities. Research methodology: sociological survey, ranking of responses. In responses of the majority of respondents, the inefficiency of attracting investment in municipalities is related to the issue of their insufficient budget provision, as well as low degree of their fiscal autonomy. The proposed measures are aimed at developing a flexible model of stimulating investment and entrepreneurial activity in Russian municipalities, combining state protectionism with measures to regulate the development of small and medium-sized businesses, and encouraging self-employment.

Keywords: investment climate; fiscal federalism; municipal budget; support of small and medium-sized businesses (search for similar items in EconPapers)
Date: 2021
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