On Some Factors of Economic Growth and Regional Development

DOI: 10.33917/es-6.172.2020.78-85

For several years, there has been a considerable interest in the development of regions and their contribution to the national economy, both in Russia and in foreign countries. The regions are characterized by uneven economic development and the amount of taxes and fees going to the Federal budget. Moreover, in Russia, this unevenness in regional development is particularly strong, which is facilitated by tax policy that affects the reduction of regional tax independence and does not encourage the regions to develop their income base. The task of achieving a balance between donor and recipient regions, reducing the number of subsidized regions, and creating incentives to increase their incomes and economic growth is one of the most actual problems of Russian economic policy.

In Expectation of Investment Growth

DOI: 10.33917/es-8.166.2019.16-23

At the present moment Russia faces the problem of increasing the economic growth rates to the average world rates. As the country economy was in crisis and post-crises conditions for several years, so the effective measures should be taken in all economic fields. Here, the question of investment activity comes to the fore. In spite of the fastening in economic growth as of 2018 according to the official data, investments in Russia in conditions of a high external and internal uncertainty have not yet recovered to pre-crisis level. The article raises the issue about necessity of creation a conductive investment environment, special measures and programmes orientated on the local and foreign investors which can help to increase the investments volume and quality and to promote Russia’s economic growth