The role of foreign direct investment in the Volgograd region’s economy

DOI

10.2991/cssdre-19.2019.103How to use a DOI?

Keywords

investment, foreign investment, foreign invetor, foreign direct invetment, region’s economy

Abstract

Attracting foreign direct investment (FDI) can act as a driving force for economic modernization of the recipient country and its regions. The paper focuses on the analysis of FDI role in the economy of the Volgograd region. Historical, comparative, tabular, diagram, relative and absolute indicators methods, and correlation analysis have been used. The analysis of some economic indicators for the period of 2011-2017 has shown that FDI share in GRP of the Volgograd region is smaller than that of Russia, and labour resources are not provided with adequate investment. Despite positive changes in the type and country structures, FDI is not distributed according to the real needs of certain sectors of regional economy. The correlation analysis has revealed that there is moderate or weak correlation between FDI and main economic indicators of the Volgograd region. The findings suggest that special attention should be paid to development of support programs aimed at greater cooperation with foreign investors, and the most positive impact of FDI on the region’s economy.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Inna Kudryashova
PY  - 2019/06
DA  - 2019/06
TI  - The role of foreign direct investment in the Volgograd region’s economy
BT  - Proceedings of the Volgograd State University International Scientific Conference "Competitive, Sustainable and Safe Development of the Regional Economy" (CSSDRE 2019)
PB  - Atlantis Press
SP  - 535
EP  - 539
SN  - 2352-5428
UR  - https://doi.org/10.2991/cssdre-19.2019.103
DO  - 10.2991/cssdre-19.2019.103
ID  - Kudryashova2019/06
ER  -