Some Characteristics of Kaliningrad Region’s Investment Potential

Abstract

Lately there has been a substantial increase of interest from scientists and representatives of federal and regional authorities towards Kaliningrad region’s development issues. Pronounced positive tendencies in the development of economy of Russia and its regions, accession of Kaliningrad neighbours, Poland and Lithuania to the European Union, a number of other internal Russian and international factors insistently demand drawing particular attention to researching the possibilities and problems of the Kaliningrad region investment potential. In this article analysis of traditional notions of the Kaliningrad region’s investment potential is given, investment risk and some disadvantages of such notions are pointed out, the author’s assessment of peculiarities of investment potential that are often underestimated or ignored are given. The conclusion is made that such peculiarities can and must be taken into account by Russian and foreign investors, by regional authorities and all participants of the investment process.