investments and investment risks allowed to formulate own determination of
investment attractiveness — as relative integrated indicator which pays off with use of
set of criteria (formal, informal), parameters and characteristics of a regional social and
economic system, defines expediency of capital investments in potential subject to
investment for the purpose of receiving the satisfaction of financial, production,
organizational and other requirements or the interests of the investor corresponding to
level.
From determination of capability of regions to generate and attract investments
which promote economic growth as certain set of characteristics of territorial unit (area,
the region) which are taken into account by the new and acting investor at making
decision on investment in this specific territory, follows that the investment
attractiveness of the region actually reflects quality of a package of such characteristics
whereas the index of investment attractiveness of regions too actually relative
assessment of such quality.
The defining basis of research of investment attractiveness, in the context of
regional development, is forming of a statistical and economic system of indicators of
assessment which along with objectivity and informational content would answer with
present challenges.
The structural logic diagrams of construction and interpretation of the index of
investment attractiveness of the region (territory) are provided on fig. 2.
Figure 2. Structural logic diagram of construction and interpretation of the
index investment attractiveness of the region (territory)
Determination of investment factors
attractiveness:
quantitative and qualitative factors
Estimation of investment attractiveness
(construction of an investment attractiveness index)
Interpretation of the assessment:
the index of investment attractiveness as the basis for
recommendations in the field of economic policy at the
regional and national levels
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