Municipal Financial Support of Investment Activity: the Concept and Forms of Providing
Муниципальная финансовая поддержка инвестиционной деятельности: понятие и формы предоставления - View in Russian
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Abstract:
In order to stimulate investment activity local authorities give municipal financial support to economic entities. In practice, despite the diverse forms of municipal financial support to investment activities, local governments are mainly used to provide subsidies to compensate for part of the interest rate on bank credits and exemptions on rentals of municipal property. The authors suggest using also other forms of support to investments in the local economy.Keywords:
bank loans, investment, local governments, municipal financial support, rental of property, tax exemptionsCitation:
Tatyyana Skurikhina, Nataliya Pronina, Ekaterina Nazarova (2010). Municipal Financial Support of Investment Activity: the Concept and Forms of Providing [Munitsipalnaya finansovaya podderzhka investitsionnoy deyatelnosti: ponyatie i formy predostavleniya]. Russian Journal of Entrepreneurship, 11(7). (in Russian)..
References (transliterated):
1. Byudzhetnyy kodeks RF.2. Grishina I.V., Shakhnazarov A.G., Royzman I.I. Kompleksnaya otsenka investitsionnoy privlekatelnosti i investitsionnoy aktivnosti rossiyskikh regionov: metodika opredeleniya i analiz vzaimosvyazey // Investitsii v Rossii. – 2001. – № 4.
3. Ofitsialnyy sayt Ministerstva finansov Rossiyskoy Federatsii. [Elektronnyy resurs]. – Rezhim dostupa: www.minfin.ru