Increased opportunities for private business as a direction vector of development of the Russian economy (case of volgograd region)

Abstract

The national economy of the Russian Federation would be able to significantly increase annual GDP growth, if private business developed actively, especially small and medium businesses. The authors examined how to solve this problem in one of the Russian regions - in the Volgograd one. Now Russia's economic policy is aimed at the penetration of market relations in almost all spheres of life, the creation of conditions for their normal development. However the absolute interaction and separation of functions between the state and market structures has not been achieved. They are in constant conflict with each other, thereby exacerbating the depressive state of the economy. Increase business opportunities will help create for the working population and economic conditions that will allow the citizens of its own funds to provide a higher level of social consumption, which includes the best quality services in the field of education and health services, comfortable accommodation, a decent standard of living in old age. Despite the awareness of solutions aimed at the development of entrepreneurship, private business faces a number of challenges that make the local authorities. This article describes a number of the problems mentioned above and provides suggestions to increase the opportunities for the development of private enterprise in Russia.