CONTENTS

Volume 3, 2005

Investment CLIMATE

Galina PRIBYTKOVA. Procedure approaches to assessing investment attraction as the basis of developing the investment policy

The article treats the interests of the users of assessment results, the history of assessment and the tools, the concept of investment attraction as an economic category, the approaches to construction of investment attraction values. The attempt is undertaken to form procedures of assessing investment attraction of industries (organization) basing on a system of economic indicators interesting for managers, bankers enterprise owners, etc.

INVESTMENT MARKET

Valeri POLYAKOV. Is the world economy threatened by chronic deficit and impending total exhaustion of resources in the 21^st century? (a long-term economic and geological forecast)

Continuous provision of the world economy with natural raw materials calls for scrutiny from a particular point of view assessing, first of all, costs of their extraction and further treatment, as well as the dynamics of world-wide demand for certain mineral resources in the foreknown future.

Leonid RATHKEEN. Legal regulation and investment in the Russian gas and oil industry

At present the Russian fuel and power complex, like any other industry in the country, badly needs investment. And investment regulating laws have their specific features which is the topic of the article.

INVESTMENT TECHNOLOGIES

Victor MOSKVIN, Anna FIODOROVA. Management of a mortgage risks system (The end, beginning in № 2 2004).

Oleg SUKHAREV. Pseudo-investments: destruction of Russian high-tech industries

The article contains the quality analysis of destruction of research-intensive industries in Russia (individual factors, premises, examples). This objective is pursued by the participants of the competitive world market creating institutional conditions to this end. The investment, used for this purpose, are designated here as pseudo-investments. They play a destructive role while the investors might not be aware of that being just tools in the big competition game. The growing investments, fatal as they are, keep the county in the backward position in science and technology, destroy the high-tech experience acquired, know-how and the trained staff. Such processes present a serious threat to the economical, geopolitical and technological security of Russia.

Vadim SHUMETOV, Tatiana SELSKOVA. Econometric models of a region profitability: illusion and reality

The practice proves that the formal use of very efficient statistic procedures in research not only leads to wrong conclusions, but also inflicts appreciable damage on the statistic methodology.

INNOVATION

Lyudmila ZOTOVA. Tools for targeting the federal investment resources (The end, beginning in № 2 2004).