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State Procedures for Improving the Investment Climate in the Russian Federation: Prospects for Improvement

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  • D. E. Mereshkin
  • V. A. Plotnikov

Abstract

The COVID-19 pandemic interrupted many trends that had developed before it and again updated the issue of modernizing the Russian economy, restarting the mechanisms of economic growth and sustainable socio-economic development. The key to resolving these issues is to increase the investment activity of the business. The investment climate is one of the key characteristics that testify to the freedom of entrepreneurial activity, the ease of opening and conducting business, the quality of regulatory procedures in the economy, the effectiveness of business entities, and the provision of equal opportunities for the development of the private sector. A favorable investment climate reveals the potential for the development of private companies. The article considers the system of state procedures in the field of improving the national investment climate, gives a brief description of the main tools and projects to improve the investment climate, analyses the changes in the main target indicators of investment attractiveness of the Russian Federation.

Suggested Citation

  • D. E. Mereshkin & V. A. Plotnikov, 2022. "State Procedures for Improving the Investment Climate in the Russian Federation: Prospects for Improvement," Administrative Consulting, Russian Presidential Academy of National Economy and Public Administration. North-West Institute of Management., issue 12.
    • Handle: RePEc:acf:journl:y:2022:id:1846
    DOI: 10.22394/1726-1139-2021-12-70-80
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