Tools of regional policy: assessing the efficiency of their application

The paper analyzes the techniques for assessing efficiencies and results of federal conditional programs implemented at regional levels, as well as projects and special economic zones. We show that assessment of efficiency is made only at the stage of choosing the tools to be applied. However, the monitoring of programs and projects are conducted only concerning the indicators of allocation and launching investment resources. We present our proposals on how to improve such practice to have an opportunity to assess the tools of regional policy in more adequate manner.