The Role of the Development Institutions in the Public Investment Policy: Analysis of the Current State and Assessment of Performance

Sidorova, E. N.; Tatarkin, D. A.

doi:10.15826/vestnik.2016.15.4.26

Cited by 2 publications

(1 citation statement)

References 5 publications

(5 reference statements)

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Such differences in the degree of business security, the presence or absence of administrative barriers, infrastructure provision, access to commodity markets and other main indicators within the borders of one state are observed infrequently and inevitably affect the volume and placement of attracted capital, the scale of the informal economy, etc. [17].…”

Section: Methodsmentioning

confidence: 99%

Institutional imperatives for sustainable socio-ecological and economic development

et al. 2021

View full text Add to dashboard Cite

The sustainable growth of the modern economy is based on socio-ecological and economic development. One of the key development trends on a global scale is the formation of an innovative type of economy, and, as a consequence, in the process of economic development of most countries, including Russia, the need to create an institutional environment corresponding to a new type of economic growth comes to the fore. Accordingly, the need to create an adequate, adaptive to regional characteristics, assessment of the institutional environment of the region, to create mechanisms for its measurement, to establish indicators of efficiency increases. Firstly, indicators of the effectiveness of institutions will make it possible to visualize the process of development of the region and thereby increase its investment attractiveness. These indicators will stimulate the interest of business representatives and, first of all, those who are ready to invest their funds and are looking for territories that satisfy them according to all the criteria necessary for successful commercial activity and profit in the future. Secondly, measuring the effectiveness of regional institutions allows federal authorities, the public, and even various international financial organizations and aid funds that provide loans and multifaceted support, including admission to clubs in the developed world, to adequately assess the activities of local power structures, for which the growth of institutional indicators in the region is one of the key intentions contributing to the increase of their authority and the attractiveness of the territory as a whole. Thirdly, the assessment of the institutional environment allows specialists, on the basis of available indicators, to determine both the advantages and advantageous competitive positions of the economic system as a whole and its vulnerabilities, make sound economic forecasts for the near future and analyze the impact of such factors as the state politics, social structure, traditions, moral norms, history, geography, and natural resources on the state of the institutional environment.

show abstract

Section: Methodsmentioning

confidence: 99%

Institutional imperatives for sustainable socio-ecological and economic development

et al. 2021

View full text Add to dashboard Cite

show abstract

Institutional support for High-tech manufacturing sectors

Dontsova

Abdikeev

Zotov

2022

Upravlencheskie nauki

View full text Add to dashboard Cite

Currently, a large-scale reform of the development institutions of the Russian Federation is planned and has begun to be implemented. The end result of the reform should be a fundamentally new ecosystem of investment support for technological growth processes. One of the important goals of a such ecosystem formation is to ensure the high competitiveness of the domestic world’s economy, as well as the compliance of the goals, strategies and policies of the development institutions in accordance with the Unifed Plan for achieving National Goals until 2030*. The authors of the paper concluded that today there were only general features of the reform of development institutions and were not defned such features as: future algorithms for institutions functioning, mechanisms of functioning, project selection mechanisms, project management mechanisms for monitoring the effectiveness of development institutions.

show abstract

The Role of the Development Institutions in the Public Investment Policy: Analysis of the Current State and Assessment of Performance

Cited by 2 publications

References 5 publications

Institutional imperatives for sustainable socio-ecological and economic development

Institutional imperatives for sustainable socio-ecological and economic development

Institutional support for High-tech manufacturing sectors

Contact Info

Product

Resources

About