Management of Investment Processes in the Regions of the Russian Federation on the Basis of a Balanced System of Indicators

The purpose of the research is to develop, based on the concept of a balanced system of indicators, a methodology for assessing investment processes in the constituent regions of the Russian Federation, which makes it possible to track the relationship between the dynamics of the investment attractiveness of each region and the balance of investment policy. The relevance of development a practice-oriented methodology, on the basis of which it is possible to determine the effectiveness of decisions when choosing investment directions, is conditioned by the limited investment resources in the current conditions of the impact of politics on the economy. The scientific novelty consists in the original balanced system of indicators and the balanced evaluation methodology proposed by the authors as a tool for managing. The main research methods are systematic and balanced approaches, the methodology of the balanced system of indicators, the method of multidimensional average (for determining integral indicators) and correlation analysis (to analyse the relationship between investment attractiveness calculated on the basis of the developed system of indicators, and investment activity) are used as private methods. The main result of the research: the creation on the basis of the developed balanced system of indicators of an economic model for assessing the balance of investment policies as a mechanism for coordination the interests of private investors, public administration and the population. On the basis of approbation of the developed economic model (on the example of one of the regions of the Arctic zone — the Republic of Komi), the authors concluded: the imbalance of investment processes, revealed on the basis of the multidirectional dynamics and differentiation of the values of indicators by components of the proposed assessment system, limits the implementation of the investment potential of the Republic of Komi and reinforces the structural imbalances. The proposed model of assessment allows diagnose the investment problems in the regions of the Russian Federation, finding investment growth reserves, identifying investment priorities and improving the sustainability of investment management.

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