PROVIDING THE INDEPENDENCE OF THE REGIONAL POLICY ON THE BASIS OF THE NATIONAL RATING OF REGIONAL INVESTMENT CLIMATE IN THE RUSSIAN FEDERATION

Abstract

The article considers the main approaches to the estimation of investment climate in terms of the formation
of the National rating of investment climate of Russian regions. The reasons of negative dynamics of
foreign investment rating agencies are determined. The possibility of building an integral estimate of regional
investment climate, including industrial specialization of the region, resource availability, and governmental
regulation is considered. The necessity of accounting the sectoral and inter-sectoral shifts while determining
industrial specialization of regions is proved. It is proved that the deformation of the industrial structure
of regions of the Russian Federation has a negative impact on the Russian economy as a whole. Special attention
is paid to the accounting of influence of industrial structure on the indicator of investment climate
and position in the national rating of regions. The necessity of using national ranking as a basis for decisionmaking
at the regional level is proved. It is proved that the analysis of ranking positions will allow creating 

the variable regional policy that will invest federal subjects with powers and economic resources, combining
with targeted distribution. The approach to the formation and assessments of investment climate in the form
of “closed helix” is offered, which gives the ability to adjust operational objectives of regional policy.