6+

Investments and Economic Growth

Send me via email
Authors


PhD in Economics, Leading Researcher, Center for Monetary Policy and Financial Markets
Russia, Financial University under the Government of the Russian Federation (Moscow)
eys@mail.ru

Abstract

At present, Russia is faced with the task of increasing the rate of economic growth to world average. Since the country's economy has been in crisis and post-crisis states for several years, effective measures should be taken in all sectors of the economy. Of course, the issue of stimulating investment activity comes to the fore. Despite the acceleration of economic growth in 2018, according to official figures, investment in Russia in the face of high external and internal uncertainty has not yet recovered to the pre-crisis level. The article raises the question of the need to create a favorable investment climate and the adoption of special measures and programs in order to attract domestic and foreign investors and increase the volume and quality of investments that will contribute to Russia's economic growth.

Keywords

economic growth, GDP, industrial production, domestic demand, budget spending, investment, investment credit, investment climate, investment rating.

Print Friendly, PDF & Email

Categories of article:

Read also

Suggested citation

Sokolova Yelena Yur'yevna
Investments and Economic Growth// Modern Management Technology. ISSN 2226-9339. – #3 (90). Art. # 9002. Date issued: . Available at: https://sovman.ru/en/article/9002/

Full article text is available only in Russian.
Please select from the menu Russian language and continue reading.


References

  1. Decree of the Government of the Russian Federation of April 15, 2014 N 328 (as amended on December 14, 2018) “On the approval of the state program of the Russian Federation” Development of industry and increasing its competitiveness ” [Ob utverzhdenii gosudarstvennoy programmy Rossiyskoy Federatsii “Razvitiye promyshlennosti i povysheniye yeye konkurentosposobnosti”]) http://www.static.government.ru/media/files /1gqVAlrW8Nw.pdf (accessed date: 02/10/2019)
  2. The Ministry of Economic Development of Russia. Monitoring On the results of the socio-economic development of the Russian Federation in 2016 [Monitoring Ob itogakh sotsial’no-ekonomicheskogo razvitiya RF v 2016 g.] // http://www.economy.gov.ru/minec/activity/sections/macro/2017070204 (accessed: 02/10/2019)
  3. Monitoring the economic situation in Russia Trends and challenges of socio-economic development [Monitoring ekonomicheskoy situatsii v Rossii. Tendentsii i vyzovy sotsial’no-ekonomicheskogo razvitiya] // Institute of Economic Policy named after E.T. Gaidar – 2019. -№1 (84) https://www.iep.ru/files/RePEc/gai /monreo/monreo-2019-1-928.pdf (accessed: 02/11/2019)
  4. Aganbegyan A.G. The main reason for the stagnation of Russia [Aganbegyan A.G. Glavnaya prichina stagnatsii Rossii] // Free economy. – 2017.-№01 January-March.-S.19
  5. Aghion P. A model of growing through creative destruction / P. Aghion, P. Howitt // Econometrica.-1992.№ 2.-Vol.60.-pp.323-351
  6. Bahmani-Oskooee M. On the relation between currency depreciation and domestic investment / M. Bahmani-Oskooee, M. Hajilee // Journal of Post Keynesian Economics.- 2010.№4.-Vol.32.-p.645
  7. Federal Law of November 29, 2018 No. 459-ФЗ “On the Federal Budget for 2019 and for the Planning Period 2020 and 2021” [O federal’nom byudzhete na 2019 god i na planovyy period 2020 i 2021 godov] //https://www.minfin.ru/en/document/?id_4=126363 (appeal date: 02/15/2019)
  8. Discussion of the Higher School of Economics “The role of human capital in development” [Diskussiya Vysshey shkoly ekonomiki «Rol’ chelovecheskogo kapitala v razvitii»] //Krasnoyarsk Economic Forum, Krasnoyarsk 2019
  9. Gimpel’son V.Ye. Does the Russian economy need human capital? Ten doubts [Nuzhen li rossiyskoy ekonomike chelovecheskiy kapital? Desyat’ somneniy] // Issues of Economics.-2016.-№10.-S.129-143
  10. Lyubimov I. From human capital to economic growth: a straight road or a long walk through the maze? [Ot chelovecheskogo kapitala k ekonomicheskomu rostu: pryamaya doroga ili dolgoye bluzhdaniye po labirintu?] // Economic issues. 2017. No. 8. P. 5-23
  11. Suleymanova D.A., Rabadanova S.R. Methodological approaches to the assessment of investment activity and investment attractiveness of an enterprise [Metodologicheskiye podkhody k otsenke investitsionnoy aktivnosti i investitsionnoy privlekatel’nosti predpriyatiya] // Economics and Entrepreneurship. – 2014. – No. 11–3 (52–3). – S. 538–541
  12. Supyan V.B. Globalization of the US economy: scope, achievements and problems [Globalizatsiya ekonomiki SSHA: masshtaby, dostizheniya i problemy]// Russian Foreign Economic Bulletin, 2015, No. 9, P. 8-27
  13. Supyan V.B. Scientific and technical potential is a key factor in the development of the US economy in the XXI century [Nauchno-tekhnicheskiy potentsial – klyuchevoy faktor razvitiya ekonomiki SSHA v XXI veke]// Russia and America in the XXI century, 2016, No. 2, P. 9
  14. Markusen J. Foreign direct investment as a catalyst for industrial development / Markusen J., A. Venables // European Economic Review- 1999.- Vol. 43, No. 2, pp. 335—356
  15. Deyneka L.N., Tolstobokov V.V.Foreign investment in the Russian economy: problems of dynamics, structure, and influence on the national economy [Inostrannyye investitsii rossiyskoy ekonomike: problemy dinamiki, struktury, i vliyaniya na natsional’nuyu ekonomiku] // Problems of education, economy, personality formation: Mater. conf. – Rostov-on-Don, 2014.- P.277-284.)
  16. Amosov V. Are foreign investments productive? [Rezul’tativny li inostrannyye investitsii?] // Economist. – 2007.- No. 1- P.29-36