Алферьев К.А.

Purpose. Study of the role of state guarantees as an investment tool, stabilizing the ratio of revenue and expenditure, and also used to reduce the debt burden and the deficit of regional and local budgets. Methods. The statistical comparative analysis Results. The article considers the problems of socio-economic development of regions associated increase of their debt, and investigated factors influencing them. The analysis of statistical data characterizing the property and financial condition of the municipal organizations in the municipalities of the Chelyabinsk region, highlighting the leaders and outsiders on this indicator. Scientific novelty. The notion of "investment activity of the territory", defined as institutional characteristics of the municipality, reflecting the ability of local governments to shape a favorable investment climate