Tools for sustainable investment climate formation in the region

Abstract

The paper analyzes science literature and strategic documents of the subjects of the Russian Federation with a view to systematize the methodology for sustainable investment climate formation. In science literature a special focus is given to investment attractiveness factors and tools to improve this attractiveness. Regional documents present the principles, directions and tools for sustainable investment climate formation. Thereat, the latter is given priority attention. The analysis showed that the use of capital-intensive tools does not always provide the desired efficiency level of budget investments. In the conditions of their drop in times of crisis, regions need to optimize a range of tools for sustainable investment climate formation. Keywordsfactors; investment; investment attractiveness; investment climate; region; tools.