RUDN Journal of Economics (Dec 2012)
State policies to stimulate investment processes in conditions of modernization of Russian economy
Abstract
In article the main objectives of the state investment policy in the Russian economy taking into account modernization of institutional development and an assessment of performance of the main state programs are described. These mechanisms are described taking into account development of the share and banking sector and tendencies in change of investment climate in regions. It is noted that the investment policy of the state in the conditions of modernization should be aimed at change of structure and scales of the investments directed on development of new branches of production, equipment and technologies taking into account updating of fixed assets, increase of their technological level to the international analogs and an assessment of criteria of efficiency of these investments. In regions it is offered to stimulate development of investment activity with decrease in administrative barriers in receiving financial resources for the enterprises of small and medium business and reduction of tax loading by business where the part of profit goes on equipment by innovative technologies and the equipment of high technological level.