THE INVESTMENT ATTRACTIVENESS OF AGRICULTURE IN THE REGIONS OF THE RUSSIAN FEDERATION

DOI 10.33305/2411-3

Issue № 11, 2024, article № 1, pages 3-16

Section: Agrarian policy: problems and decisions

Language: Russian

Original language title: ИНВЕСТИЦИОННАЯ ПРИВЛЕКАТЕЛЬНОСТЬ СЕЛЬСКОГО ХОЗЯЙСТВА РЕГИОНОВ РОССИЙСКОЙ ФЕДЕРАЦИИ

Keywords: INVESTMENT ATTRACTIVENESS, INVESTMENT POTENTIAL, INVESTMENT RISKS, AGRICULTURE

Abstract: Investment development is the basis for sustainable economic growth. At the same time, modern economic conditions are characterized by increased political, socio-economic and environmental risks, increased sanctions pressure, leading to limited external investment resources and the reduction in domestic sources of borrowing. In this regard, the issues of determining the investment attractiveness of regions and sectors of the economy are becoming highly important, which requires scientific research in this area. The article substantiates approaches to assessing the investment attractiveness of agriculture. These approaches are based on the theories of reproduction, economic growth, investment, capital and risks. At the same time, the study is based on the principles of reliability, objectivity, development and consistency, characterizing a set of factors that form investment potential and minimize investment risks in the context of building a new model of economic development. The analysis of the investment potential was carried out on the basis of a cumulative integrated assessment, including production, labor, consumer, financial and infrastructural potentials. The assessment of investment risks included financial, economic and social risks. The use of the proposed methodological approaches made it possible to determine the integral indicator of the investment attractiveness of agriculture in the subjects of the Russian Federation, to rank the regions of the country and to group them depending on the level of investment attractiveness of the agricultural sector of the economy. The authors propose the main directions for increasing investment potential and reducing industry risks in modern conditions in order to increase the investment attractiveness of agriculture.

Authors: Maslova Vlada Viacheslavovna, Zaruk Natalia Fedorovna, Avdeev Mikhail Viktorovich