THE ROLE OF STATE INVESTMENT STRATEGIES IN THE DEVELOPMENT OF THE INVESTMENT CLIMATE OF THE REGION (ON THE MATERIALS OF ALTAI KRAI)
An effective investment policy is the key to successful economic development of the region and the state as a whole. In conditions of aggravation of existing problems in the national economy, improving the investment climate is one of the most effective and priority mechanisms for economic growth. As a result, the problem of investment development of regions is relevant. Regional authorities and entrepreneurs arefaced with the urgent issue of upgrading and re-equipping the existing machinery to increase the competitiveness of local manufacturers. It is possible to solve these issues by implementing regional investment strategies, which are discussed in this article. The author clarified the definitions of the concepts "investment climate" and "regional investment strategy", and analyzed the role of investment strategy in the development of the investment climate of the region on the materials of Altai Krai. It was revealed that for the period 2017-2018, in Altai Krai there was an influx of investment into fixed capital, which was due to the creation of territories of advanced socio-economic development. In the analyzed region, favorable conditions have been created for minimizing investment risks at the level of the subject, largely due to the development of a regional investment strategy.