List of publications on a keyword: «инвестиционный механизм»
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Investment Support for the Modernization of Russia's Infrastructure Facilities: Risk-Based Selection and Integrated Assessment of Financial Solutions
ProceedingThe socio-economic landscape of the region: people and digital transformation- Author:
- Natal'ia V. Khubutiia
- Work direction:
- Финансовые технологии (FinTech) и трансформация банковско-страхового сектора
- Abstract:
- Рассматриваются финансовые механизмы, обеспечивающие структурную модернизацию транспортной инфраструктуры России в условиях высокой стоимости заемного капитала, дефицита долгосрочной ликвидности, повышенной чувствительности инвестиционных проектов к ставке, инфляции и регуляторным ограничениям. Исходная проблема состоит в том, что действующая практика подготовки инвестиционных решений в транспортной сфере по-прежнему опирается преимущественно на расчет ожидаемой доходности и подбор отдельных источников финансирования, тогда как устойчивость проектов все в большей степени определяется качеством инвестиционного обеспечения, сбалансированностью структуры капитала, параметрами долговой нагрузки, цифровой прозрачностью инвестиционного цикла и способностью проекта выдерживать стрессовые сценарии.
- Keywords:
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New industrialization of Russia through new ways of attracting investments
Book Chapter
Economics and Law- Authors:
- Adgur A. Ardizinba, Vadim V. Novikov, Viacheslav V. Novikov, Larisa S. Shakhovskaia
- Work direction:
- Глава 1
- Abstract:
- Based on the analysis of specific legislative initiatives of the Ministry of Finance of the Russian Federation and the Russian Union of Industrialists and Entrepreneurs, it has been proved that the method of economic incentives for organizations with private capital to increase investment by changing the income tax rate depending on the share of reinvested profit is sharply inferior in terms of economic efficiency to the method based on changing the VAT rate. The shortcomings of the initiative (with "manual control") of the Government of the Russian Federation to reduce the VAT rate by 20 points for organizations of the ship repair industry are revealed. Based on the official data of the Federal Tax Service, the Central Bank of the Russian Federation, the Ministry of Economic Development, the Ministry of Finance of the Russian Federation, an analysis was made of the effectiveness of the “manual control” investment mechanisms in the Tax Code of the Russian Federation and the new direct action mechanism to stimulate investment activity. Three options for the implementation of a new mechanism were analyzed, which would further increase the volume of private investment in the industry of the Russian Federation up to 1 trillion rubles per year. To do this, it is necessary to reduce the VAT rate by 2–5 points for industrial organizations that reinvest more than 50% of their profits, and to compensate for shortfalls in federal budget revenues from VAT, increase the federal income tax rate by 0,2–0,5 points. At the same time, it is not necessary to increase the base income tax rate. It is proved that the new mechanism does not require "manual control" and can be used in the form of a direct action law, which brings the system of encouraging investments in industry to a qualitatively different (higher) level.
- Keywords:
- public-private partnership, investment in industry, investment mechanism, share of reinvested profits, stimulating GDP growth