State regional investment policy: instrumental support

Abstract

The problems of investment policy, of all its most important directions, in the opinion of most economists, were and remain relevant, in general, for the Russian Federation and for its regions: the emasculation of the economic essence of investment, the investment recession, i.e. an increase in the number of constituent entities of the Russian Federation with decreasing volumes of investment activity. In the context of modern economic development, the constituent entities of the Russian Federation are assigned an increasing role in increasing the scale and priorities of their investment activities. The formation and implementation of the investment policy of the regions of the Russian Federation is becoming, in general, an important innovative and socially oriented direction of the economic policy of the Russian state. The primary and two-pronged goal of the regional investment policy is to mobilize state investment resources while simultaneously creating favorable and comfortable conditions for enhancing investment activity. It is in the constituent entities of the Russian Federation that projects for the modernization of production potential are being implemented, structural shifts in the region’s economy are being laid and developed, and the necessary economic and social facilities are being created again. The article presents the basic principles of the formation and implementation of the state regional investment policy.