Support of Investment Activities in Different Russian Municipalities
The article unveils measures taken to support investment activities in different Russian municipalities, with a particular focus on those started in Yamal-Nenets Autonomous District. The municipalities have been classified according to forms and methods of support, depending on the projected use of potential investment funds: by the city or business sector. The review has divided the methods of support into four categories: institutional, managerial, financial and administrative. In the course of the discussion, the paper provides an in-depth assessment of one of the tools of investment activity — the public-private partnership — a novel application in Russia which so far has not been widely practiced by local authorities. On a more general scale, the review also deals with the challenges related to implementing concession agreements in the entire country and in Yamal-Nenets.