ASPECTS OF FINANCING OF THE STATE CAPITAL INVESTMENTS
Abstract
One of the major tools and conditions of modernization and transition to investment development is carrying out effective investment policy by the state in the field of the state capital investments. In the conditions of limitation of financial resources of means of the state, according to the author, have to go first of all to such forms of capital construction as modernization and modernization of the existing research and production base.
Meanwhile contradictions and shortcomings of the developed conceptual framework in financing of the state capital investments create considerable difficulties in the solution of a problem of ensuring rhythmical and effective financing from the budget of modernization and modernization. In the article the author considers concepts of modernization, new construction, reconstruction and modernization, expansion of production and their reflection in the current legislation and standard and legal documents, shows discrepancy of interpretation of these concepts in different legislative and normative legal acts that results in difficulties in practical activities on implementation of the state capital investments. The reasons of the developed situation are analyzed and offers on its correction are made.
About the Author
S. B. Pestov
the Center of internal control of the State scientifi c center Russian Federation Federal State Unitary Enterprise Tsentralny ordena Trudovogo Krasnogo Znameni nauchno-issledovatelsky avtomobilny i avtomotorny institut, Moscow
Russian Federation
Candidate of Economic Sciences, associate professor, director
Russian Federation
Candidate of Economic Sciences, associate professor, director
References
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Review
For citations:
Pestov S.B. ASPECTS OF FINANCING OF THE STATE CAPITAL INVESTMENTS. Finance: Theory and Practice. 2015;(5):80-86. (In Russ.)
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