Investment attractiveness of the Russian Federation in the conditions of transformation of the world economy
Abstract. At the present stage of development of world economic relations, an important condition for the state to overcome the crisis is to increase the level of its competitiveness, which cannot be fully realized without attracting a significant amount of investment. For the economy of the Russian Federation foreign capital is one of the factors of development, as it will allow to modernize production through the introduction of technological innovations to ensure sustainable growth of the national economy, which contributes to the build-up of competitive advantages in the world arena. In order to increase the investment attractiveness of the Russian economy, it is necessary to improve the investment climate, form a favorable business environment, improve infrastructure along with ensuring economic security within the country. In this regard, the need to improve the mechanism of increasing the investment attractiveness of the Russian Federation in the transformation of the world economy is aggravated.
Keywords: investment attractiveness, investment climate, high-tech export
Highlights:
♦ investment inflows and exports of high-tech products increase the country`s gross domestic product;
♦ a favorable investment climate, removal of bureaucratic barriers and development of innovative activities are necessary to ensure the flow of direct foreign investments;
♦ measures to identify and develop promising investment projects should be based on the creation of unified innovation models based on the cluster approach.
Anna G. Turalina - Donetsk State University, Donetsk, Russia