Modern aspects of the investment climate in Russia

At the present time in the conditions of economic crisis, for sustainable economic growth and innovative renewal of the economic sectors, Russia needs to create a favorable investment climate, which was the subject of this study. The aim of the article is to study modern aspects of the development of the investment climate in Russia. In this process, the main tools of stabilization should be not only new efficient enterprises and the integration of advanced technologies, but also the enhancement of the qualitative functioning of national economy investment institutions. The hypothesis of the study is explained by the fact that the legislative base, subjects and objects of investment activity including other institutions are one of the most important and integral parts of the economy. Currently, they can be compared with the generator of the Russian economy, because with their help, financial resources are accumulated and the primary tasks of the economy are being fulfilled in the efficient use of resources, so this contributes to the increase of the investment climate in general. The use of researching results is relevant because first of all it is connected with the moment, touching upon investment climate in Russia. According to the authors’ opinions, it has the separation of financial and real sectors. This fact has several reasons which are the liberalization of financial markets, the world economy's internationalization, the increase in financial imbalance (the growth of consumer loans and national indebted countries), and the encroachment of capital. Also the progress of telecommunications technologies influences on state of investment climate a lot. The opportunity of a 24-hour operation in real time lets use hundreds of financial products and allocate different risks between types of economic activity, regions and time zones. The changes of market situations become too quick to human perception because of new technologies. In the present stage of economic development investment climate contributes to improving efficiency and serves as the factor of economic growth and innovation progress. So, it is important to examine parts of investment climate and forecasting its potential in different conditions.