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Investment Aspect of the Development of the Economy of Ukrainian Business Entities in the Context of Financial Globalization

Journal: Quarterly Scientific Journal "Economic Herald of the Donbas" (Vol.60, No. 2)

Publication Date:

Authors : ;

Page : 123-130

Keywords : foreign investment; investment attractiveness of the country; investment climate; investment activity; prospects; dynamics; structure;

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Abstract

The article discusses the analysis of the processes of investment in the economy of Ukraine, highlights the main problems and factors that affect the investment activity and investment attractiveness of Ukraine. The analysis of the dynamics of the volume of direct foreign investment in Ukraine for 2002-2018, which allowed us to identify the periods of the most significant fluctuations and establish the reasons that influenced such changes. A comparative analysis of the structure of direct foreign investment in Ukraine in the countries of the world as of the beginning of 2013, 2016, 2019 was performed. A structural analysis of foreign direct investment by type of economic activity at the beginning of 2019 was carried out, the results are compared with the indicators of the structure of 2016, priority sectors of the Ukrainian economy are established in which foreign investors consider it appropriate to invest. Attention is paid to areas of increasing the level of investment attractiveness and economic development of the regions of Ukraine. It was determined that among the priority areas for increasing the level of investment attractiveness and economic development of the regions of Ukraine, it is ne- cessary to highlight the following: improving the regulatory framework regarding investment activity in Ukraine; identification of underdeveloped but priority investment sectors of the national economy in depressed, underdeve- loped regions and the formation of a favorable investment climate for investing in these sectors in order to stabilize their development level; the formation of a database accessible to potential investors regarding the investment potential of enterprises, sectors of the economy, regions of the country; balanced use of means of stimulating innovation and investment activity at the regional level. Identification and use of the internal resource and labor potential of individual regions of the country in the process of increasing the rate of economic growth is a priority for local authorities in the face of a critical lack of financial resources. Thus, improving the investment climate and creating conditions for attracting investment in the country's economy in the context of the global development of the international financial environment remains one of the priorities of the Government.

Last modified: 2020-09-17 22:37:47