Analytical assessment of efficiency parameters of investment processes in the national economy of the region

Abstract

The stability and efficiency of economic processes in modern Russia should be based on active support and development of the investment direction in the development, technical and technological renewal and digital transformation of all spheres of activity. The transition from a raw material orientation of production to a high-precision one should change the structure of GDP and NI, increase the share of foreign exchange earnings from the sale of high-tech equipment. Considering the budgetary type of the country’s financial system, the state must participate actively in the investment process. The pace and scale of investment activity in recent years have been negatively impacted by economic crises, sanctions from the EU and the United States, the COVID-19 pandemic, drawing off significant financial resources for social support of the population and the fight against the pandemic. An analysis of the investment situation in the country and regions indicates structural shifts in sources of financing and lending for investments, as well as some attenuation and decrease in the efficiency of investment activities. It is proposed to assess the efficiency of investment costs using the coefficient (indicator) of the return on investment (Ii), which is determined by the ratio of the growth of the gross regional product (GRP) for a certain period to indicators of the growth in the value of fixed assets (F) and the size of investments in fixed assets (C).