- The rating of the creditworthiness
As part of the activities of the municipal program "Promotion of economic activity, the promotion of entrepreneurship in the city of Rostov-on-Don," the Department of Economics of Rostov-on-Don in the III quarter of 2014 signed a contract with "RAEKS" to provide services for issuing and maintaining credit ranking city of Rostov-on-Don. In accordance with the terms of the contract "Expert RA» (RAEX) confirmed the credit rating of the city of Rostov-on-Don on the national scale of A + and downgraded the international scale from BBB to BBB-.
- on a national scale - "A +" Very high level of creditworthiness: in the short term, a municipality with a high probability will provide timely execution of all financial obligations both current and emerging in the course of its activities. In the medium term there is a high probability of performance in a stable macroeconomic and market indicators;
- on the international scale - "BBB-" acceptable level of creditworthiness: in the short term, a municipality with a high probability will provide timely execution of all current financial obligations, as well as small and medium-sized new liabilities arising in the course of its activities. The probability of financial distress in the event of obligations requiring substantial lump sum, assessed as moderate. In the medium term the probability of performance depends on the stability of macroeconomic and market indicators.
The outlook on the ratings is "stable": this means a high probability of preservation of the ratings at the same level in the medium term. Press Release Credit Rating of Rostov-on-Don on the official website of the rating agency "Expert RA".
- Rating of investment attractiveness
The Russian Union of Engineers examined 164 cities with a population in which more than 100,000 people, in order to determine the status of their investment appeal. According to the "General rated the attractiveness of the Russian cities - 2011", Rostov-on-Don is on the 5th place.
In the first four rankings include Moscow, St. Petersburg, Novosibirsk, Yekaterinburg. Neighboring Rostov, Krasnodar took the 7th position in the list.
The primary measure of investment attractiveness of the researchers considered the population dynamics. In all, 13 were taken into account indexes: transport infrastructure, natural and environmental capital, housing affordability, housing, demographics, innovation activity, physical infrastructure, human resources, social infrastructure, social characteristics of the society, the welfare of the citizens and the economy of the city. The researchers explained their unusual approach to the assessment of the city: "On the one hand, people flock to the highly developed city with good living conditions, on the other - an influx of population to economic development. This thesis is confirmed by the All-Russian trend of growth of most cities-millionaires and degradation of small settlements. Therefore, the significance of the index population dynamics of the highest. "
More information about the methodology and research results on the official website of the Russian Union of engineers - www.российский-союз-инженеров.рф
- Dream of Investor (research made by the magazine «CITY MANAGER», for the purpose of full assessment of local authorities activity in investment sphere in twelve million-plus cities)
In many ways rates and quality of development of the cities depend on their investment attractiveness, and convenience for doing business. Level of investment attractiveness is estimated in many ratings by criteria of cost and quality of labor, availability of financial resources, development of trade, transport, real estate market. But it is impossible to underestimate efforts of local authorities. Whose experience in creation of work system with investors is the best?
Research tasks are carrying out of full assessment of local authorities activity in the investment sphere in the largest cities and search of answer to the following questions: how are the city authorities powers in the investment sphere realized, what is the model of investment process, whether combination of principles of direct participation and regulation in investment sphere management is optimal, what is the best management practice in investment sphere.
The research covered 12 million-plus cities (it includes Perm and Krasnoyarsk close by scale), being administrative, economic and cultural centers of regions. For good reasons the analysis didn't include Moscow and St. Petersburg: their position in the system of cities of Russia is specific. Note that small cities represent not smaller interest, and investments for their development are more significant. But firstly information on them in open access is not enough for such analysis carrying out, secondly, their independence as related to investment sphere management is less than independence of regional centers.
The research is based on the analysis of index of control action on the investment sphere. Its basis is an assessment of cities by two aspects of management activity: sponsorship and direct participation in investment process.
Methodically the research is based on studying of open sources: regulatory acts of municipal authorities, materials of municipal base of Federal State Statistics Service for 2009 — 2011 (volume of investments — since 2006), publications in mass media, information web sites are analyzed.
During assessment of sponsorship activity the following indices were considered: determination of long-term priorities of investment development; system of organizational and methodical support of investment process participants; level of administrative barriers; level of information support and condition of municipal regulatory framework; system of financial support.
Participation in investment process was estimated on such indices, as volume and dynamics of investments into capital stock at the expense of municipal budget and the organizations of municipal property category, types of implemented municipal investment projects and their strategic importance and others.
8 of 12 cities use powers on investment sphere development in the volume exceeding basic level.
Results are presented in the form of matrix. Borders of control action on investment sphere from the city authorities are determined by their powers. Depending on degree and quality of realization of a set of powers by municipality in the investment sphere the city is situated in a certain square of this matrix. Three key points are marked on it: full ignoring of the investment sphere management tools, provided to local authorities (left bottom corner, index — 0); realization of all set of powers (right top corner, index — 1) and realization of basic functions on the investment sphere development (average value, point A in matrix).
Matrix of cities by index of control action of city authorities on investment sphere
You can find more details on technique and results of research on official site of the magazine City Manager in a heading "Researches and ratings» – www.city-manager.org