Ensuring the investment attractiveness of Russian regions in the conditions of post-pandemic reality
Abstract. The relevance of the study is justified by the need to identify key problems of the Russian regions that contribute to reducing their investment attractiveness during the pandemic. The purpose of the study is to analyze the impact of the pandemic on the territorial development and investment attractiveness of the Russian regions during the pandemic. The scientific novelty of the study consists in assessing the impact of the pandemic on the level of investment attractiveness of the Russian regions, as well as in determining directions of strengthening the regional policy to ensure the full realization of the investment potential of the Russian regions at the stage of the post-pandemic recovery. The authors revealed features of the impact of the pandemic on the natural resource, labor, infrastructure, and production potential of regional economic systems in Russia, as well as characteristics of the regional demand and financial stability of territories. The article reveals changes in the level of the investment attractiveness of Russian regions during the pandemic. The main problems of the Russian regions that reduce their attractiveness for investors are highlighted. The authors justified the transformation vector of the state policy in order to fully realize the investment potential of the Russian regions (including increasing the level of industrial production and stimulating the investment activity of enterprises, reducing the public debt of the region, stimulating employment and social support for the population of the region).
Keywords: region, investment, investment attractiveness, pandemic, regional socio-economic policy
Highlights:
♦ a comprehensive analysis of changes in the investment attractiveness of territories during the pandemic was carried out;
♦ the main problems of the Russian regions that reduced their investment attractiveness during the pandemic crisis are systematized;
♦ a toolkit has been formed to increase the investment attractiveness of the Russian regions during the post-pandemic recovery.
Tatiana D. Strelnikova - Lipetsk Branch of the Financial University under the Government of the Russian Federation, Lipetsk, Russia; Sergey V. Ponomarev - Kaluga Branch of the Financial University under the Government of the Russian Federation, Kaluga, Russia; Natalia P. Nazarchuk - Tambov State Technical University, Tambov, Russia; Oyuna M. Vandanimaeva - Moscow Financial and Industrial University "Synergy", Moscow, Russia