Financing of investment processes at the regional level

The timely reproduction of the equity performed by means of investments is one of fundamental conditions of safe development of any industry of economy. The decisions made on the size and the directions of investments a capability to provide a continuity and efficiency of investing activities purchase the increasing economic and social importance every year and become the major micro macroeconomic problem. In each region it is reasonable to hold the certain events promoting creating favorable conditions for business. But you shouldn't forget that an important element is increase in efficiency of activities of authorities at the regional level which is performed in three main directions. The first is a studying and assessment of successful and unsuccessful practices of other areas. The attracted additional incomes of regions and municipalities shall go first of all for improvement of the territories, development of infrastructure, to be invested in human potential, in health care and education. If the region is attractive to life - it becomes attractive and for investors. The second is the increase in skill level of the officials directly responsible for investment attraction. It is reasonable to organize the federal center of competences with the appropriate educational programs which will be engaged in training of non-management employees of the executive authority. The organization of this action needs to be begun by the regional level. The third is the analysis of powers of federal departments in regions, their influence on conditions of conducting business activity. In the course of such analysis it is necessary to prepare offers on transfer of some powers in subjects, and also on enhancement of implementation of these powers. In case of all merits of investments they aren't able to provide all the needs of economy for investment resources owing to insufficiency of their amount.