PROBLEMS GOVERNMENT AND BUSINESS INTERACTIONIN IMPROVING INVESTMENT ATTRACTIVENESS OF REGIONS(ON MATERIALS OF THE REPUBLIC OF KALMYKIA)
The results of the analysis of ef ﬁ ciency of state support for business in the direction of increasing the investment attractiveness of the region, showing that small and medium-sized businesses do not consider government support effective enough. While today it is the investment attractiveness of the region largely determines the level and quality of life in the region. The directions of improvement of regional policy on cooperation with small and medium-sized businesses in the direction to increase the investment attractiveness of the region, including a comprehensive cluster development in the region, the establishment of effective public-private partnerships, socially responsible investing. Public policies in the above areas will increase the investment attractiveness and investment potential of the Republic of Kalmykia.