THE ROLE OF THE SECURITIES MARKET IN INVESTMENT SUPPORT FOR THE ECONOMIC GROWTH OF THE REGION

The relevance of the research conducted in the article is determined by the need to find effective mechanisms for the transformation of financial capital into real investments to stimulate sustainable economic development of the region’s territories in the context of the structural transformation of the economic system. The authors have developed and presented in the article a methodology for assessing the impact of the securities market on investment support for economic growth in the Southern Federal District. Using the example of organizations in the real sector of the economy of the Southern Federal District, an investment analysis of the impact of investments in real capital attracted through the securities market on regional economic development has been conducted. The developed methodology is based on the principles of neoclassical economic theory with adaptation to the regional level and includes an assessment of key indicators of investment activity and economic growth.