The Role of Investments in Resolution of Socio-Economic Problems

The article is devoted to the investigation of the current level of investment attractiveness of the regions. Analysis have been conducted to study the investment attractiveness, ensuring the active investment activity and some positive decisions have been made. Conditions of the efficient socio-economic development in the region level has been clarified and analysis of the basis of possible ways of direct investments to the regions, characteristic features of the active investment activity for investment attractiveness and the modern approaches for efficient socio-economic development of regions have been conducted. Efficient ways of focusing the investment opportunities emerged in the country on the socio-economic development of the regions have been investigated and scientific-theoretical problems of the encouragement of the investments to the regions in modern condition have been analyzed. Influence of the non-stable financing, unidentified strategy on implementation of the socio-economic projects funded by the government of Azerbaijan republic has been described, execution of the actions against global political and economic influences, the international currency, traditional competitive environment in business have been analyzed. Socio-economic analysis of these problems plays economic justification for execution of the external and internal investments, the capacity of the budget and grants for resolution of these problems. Besides that development of the tendency of increasement of the amount of the fund required to increase the investment resources needed for socio-economic development of regions and the processes on this direction have been analyzed.

The importance of the correctness of the data gained to use given complex and systematic methods and necessity of researching the events focused on implementation of the regional investment projects in Azerbaijan Republic according to the current investment policy has been justified. Some proposals have been given considering the local features, learning the experiences of the other countries in regional perspective, the same time the necessity of elimination of the current problems and the aim of the analyses has been identified. These proposals will help to increase the efficiency of this process for implementation of the promising priority projects. Regional business development, the amendment or improvement of the legislation for application of investments in country being more compromising has been investigated in the analysis.