Creation and functioning of special economic zones in russia: Tendencies problems and perspectives

Abstract

The authors study peculiarities of functioning of free economic zones that are an inseparable part of substantial changes in the institutional structure of the regional level of economy in the Russian Federation. Each regime is characterized as an important tool of regional economy. The directions of functioning of special economic zones (SEZ) and types of SEZ, which are established by the federal law, are presented. The main economic indicators of Russia’s SEZ for 2006 - 2016 are given; the main motives that make the state, regions, companies, and local population participate in activities of SEZ as their subjects are distinguished. Ratio of planned and factual investments of private investors into development of SEZ is given.