Dementyev, A.N., Dementyeva, O.A. Investment activity at the local level: legal and budget problems of its implementation..

Abstract: The article is devoted to topical problems of formation of legal bases for the investment activities in the municipal formations. The author analyzes federal legislation, which regulated investment activities of the subjects of the Russian Federation and its municipal formations. The author offers for the financial guarantees of investment activities in the municipal formations in order to solve the issues most efficiently. The author reviews some issues, which have to do with most favorable conditions for investment activities, including those for prevention of corruption at the local level. Keywords: politics, municipal government, constituent subjects of the Russian Federation, investment activities, investment climate, normative legal acts, regional fund, corruption, investment attractiveness