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Financial Analytics: Science and Experience
 

Budgetary potential assessment of subject of the Arctic region and its investment component

Vol. 5, Iss. 43, NOVEMBER 2012

Available online: 22 November 2012

Subject Heading: Budgetary policy

JEL Classification: 

Zalukaeva E.V. PhD in Economics, Associate Professor of department "Finance and Credit", the Northern (Arctic) Federal University named after M.V. Lomonosov
evz50@mail.ru

Kashentseva N.P. Senior Lecturerof department "Finance and Credit", the Northern (Arctic) Federal University named after M.V. Lomonosov
yanapaka@mail.ru

Investment attractiveness of a region is determined by many factors, including financial potential. Budgetary potential is one of the elements of the financial potential. The article considers the concept of budgetary potential, the approaches to its estimation and use of them on an example of consolidated budgets of subjects of the Russian Euro-Arctic region. The conclusions are made about the degree of budget participation in financing of investments in these subjects, and recommendations on the forms of budgetary investment financing in the future are given.

Keywords: investment attractiveness, budgetary potential, consolidated budgets, budget investments

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ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

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