“…https: //doi.org/10.15405/epsbs.2019.12.04.174 Corresponding Author: Lalita Idigova Selection and peer-review under responsibility of the Organizing Committee of the conference eISSN: 2357-1330 1297 Finally, the officials decided to give a bigger space to business by reforming the property relations in the industry. But time was lost and the ranking of low investment attractiveness of the Chechen Republic became stable (Idigova, Khadzhiyeva, Chazhayev, & Dudaev, 2018;Idigova, Khadzhieva, Chaplaev, & Dudaev, 2019).…”