Development Institutions as a Fundamental Factor of National Economy’s Growth

Abstract

The study focuses on the importance of development institutions in implementing efficient investment policy of economic entities, as well as the role of the government in investment promotion. The objectives of the study are to analyze the current state of investment activity in Russia, compare some key macroeconomic indicators with other countries, and search for effective tools of financial control over implementation of investment projects. In the end, it is revealed that development institutions play a very important role in the current economic realities.