scholarly journals Formation of investment potential as a factor in the development of Ivano-Frankivsk UTC

2020 ◽  
Vol 7 (3) ◽  
pp. 78-88
Author(s):  
Antonina Tomashevska
Keyword(s):  
Economic Development ◽  
Foreign Investment ◽  
Geographical Location ◽  
Special Role ◽  
Investment Climate ◽  
Foreign Economic Policy ◽  
Investment Activity ◽  
Expert Assessments ◽  
Labor Resources ◽  
The City

One of the key tasks of the current government is to develop the regions and strengthen their economic potential. One of the most important factors of economic growth is investment. For Ukraine, which is in a crisis pit, the issue of attracting foreign investments is especially important and relevant, as they have a significant impact on the economic development of the country. At the same time, the largest degradation in Ukraine today is investment activity, which is also due to the outbreak of COVID-19. Deterioration of the investment climate, the possibilities of budgets at all levels, the decline in business activity of economic entities have led to a difficult state of the investment sphere. The article analyzes the investment attractiveness of the regions of Ukraine. A special role is focused on the factors (positive and negative) that affect the formation of the investment climate of the regions: positive - geographical location, labor resources; negative - unfavorable climate and corruption. One of the indicators that reflects the stable economic development of certain sectors of the economy, as well as the country's economy as a whole is the investment potential of the regions. The investment and foreign economic policy of Ivano-Frankivsk UТС is analyzed, which is aimed at improving the image at the regional and international levels, promoting a significant increase in domestic and foreign investment in economic development, the implementation of active information and promotional activities. In the city, foreign investment is about 580 million dollars. US dollars, of which almost 80 million dollars. USA - loan capital. During the study, we analyzed the largest enterprises in Ivano-Frankivsk, including foreign investment, LLC “Electrolux Ukraine”, LLC “Tyco Electronics Ukraine Limited”, SE VO “Karpaty” (Delphi project), LLC “Imperial Foods”. The method of expert assessments indicates promising areas of business development of Ivano-Frankivsk UТС. In the course of the research we suggested ways to improve the investment attractiveness of Ivano-Frankivsk UТС.

scholarly journals ЕФЕКТИВНІСТЬ ІНВЕСТИЦІЙНОЇ ДІЯЛЬНОСТІ В УКРАЇНІ

2022 ◽  
pp. 54-63
Author(s):  
Oleksandra V. Olshanska ◽  
Yulia V. Tymoshenko
Keyword(s):  
Economic Development ◽  
Foreign Investment ◽  
Capital Investment ◽  
Structural Changes ◽  
Economic Restructuring ◽  
Maximum Efficiency ◽  
Investment Efficiency ◽  
Investment Climate ◽  
Investment Activity ◽  
Factors Affecting

This article seeks to assess the effectiveness of attracting foreign investment in Ukraine. Within the scope of the research, investment activity is considered a key driver for economic development. It is emphasised that boosting economic growth in Ukraine depends heavily on attracting foreign investment as their effects extend to encouraging the national output, the speed of its technological advancements as well as the scale and pace of economic restructuring. The purpose and objectives of the study are to explore and evaluate the effectiveness of foreign investment in Ukraine's economy along with offering the authors’ understanding of the key factors affecting the investment climate and suggesting the most promising pathways to foster investment efficiency in Ukraine. It is argued that this study has a number of significant implications to Ukraine, since investment processes to a great extent underpin market development strategies, and entail the most important mechanisms for creating appropriate environment to overcome the structural economic crisis, implement structural changes in the production sector, promote innovation and enhance economic performance at the micro- and macrolevels. The research methodology involves general scientific methods of analysis and synthesis, and the generalization techniques. The findings reveal a whole range of crucial factors behind the investment process crisis and lack of effective tools for investing into the national economic development. The authors assert that a country's position in the investment ranking is a sort of a ‘business card’ for the investor who is looking for new capital investment opportunities. Currently, from this perspective, Ukraine's chances to attract foreign investment seem quite miserable. However, the findings verify that in the context of modern globalization, to spur foreign capital attraction into Ukraine, creating a favourable investment climate is paramount. The study has identified factors that affect the process of shaping the investment climate, among which the most important are a group of economic, political and geographical factors. According to the research results, a proactive government strategy and a comprehensive approach to resolving the current challenges related to investment activities at the micro- and macrolevels will contribute to realizing Ukraine’s investment potential with maximum efficiency that will lay a solid background for sustainable economic development in the future.

scholarly journals PROBLEMS AND WAYS TO ACTIVATE INVESTMENT ACTIVITY IN UKRAINE

2021 ◽  
pp. 84-87
Author(s):  
Анастасія Говеля ◽  
Ірина Чекмасова
Keyword(s):  
Economic Development ◽  
Foreign Direct Investment ◽  
Foreign Investment ◽  
Direct Investment ◽  
International Investment ◽  
Investment Climate ◽  
The European Union ◽  
Investment Activity ◽  
Investment Projects ◽  
Social Environmental

The article examines the current state and problems of the development of attracting foreign direct investment. The author determined that the most investments in Ukraine are made by such countries as Cyprus and some countries of the European Union. It is proved that foreign investment is one of the most effective ways to develop economic, social, environmental and other spheres. It is determined that the key problems in attracting foreign investment today are: political instability, legislation, high inflation, and undeveloped infrastructure. The author has identified trends and explored the prospects for the development of attracting foreign direct investment, which allows us to demonstrate the dynamics of investments, which is considered an indicator of changes in the level of trust and rating of the country as a whole. Foreign investment plays a major blow to the economic development of many countries. Raising in the economy largely provides effective investment activity of Ukraine, which works by showing the dynamics invested in the country, so the investment climate in any country stands out from the main factors of socio-economic activity. situation. Thus, projects, innovative investments can be of great benefit for the economic development of the country, help to solve economic problems, so attract investors necessary and justified. In order to increase investment attractiveness, the country needs to implement a set of measures on the part of states and affairs, and as Ukraine has a strong production potential, thus concentrating the enhancement on the realization of its competitive advantages. It is concluded that the main directions of increasing the efficiency of investment activities, now and in the near future, will be: new modern infrastructure, improved investment, attracting foreign investors and improving the tax system. To improve the investment climate in Ukraine and increase the flow of foreign investment, it is necessary to promote the development of science, improve the regulatory framework in the field of investment, participate more actively in international investment projects, and develop small and medium-sized businesses in Ukraine.

scholarly journals FOREIGN INVESTMENT OF UKRAINIAN BUSINESS

2021 ◽  
Vol 2021 (1) ◽  
Author(s):  
L. Khomutenko ◽  
Y. Zhorova
Keyword(s):  
Economic Development ◽  
Foreign Investment ◽  
Comparative Method ◽  
State Level ◽  
Welfare Economic ◽  
Investment Climate ◽  
Foreign Investments ◽  
Investment Activity ◽  
Stage Of Development ◽  
The World

At the present stage of development of the world economy, an important and urgent issue is the development of investment activity, attraction and use of foreign investments. Almost all countries of the world focus their efforts on increasing the investment attractiveness of foreign investments and increasing their volume in the national economy. Ukraine's investment attractiveness is one of the most important elements on which the country's welfare, economic development, production, enterprises and business are based. The need to attract foreign investment is met by a decrease in investment activity of domestic companies, the need for technical and technological modernization of production and the entire market infrastructure, the need to introduce new management methods in management. Therefore, since the issue of foreign investment is important for the economic development of our country, the need to study and research the main types and forms of foreign investment is very relevant. The purpose of the qualification work is to study foreign investment in Ukraine, as well as trends and promising areas for improvement. In the process of research, depending on the goals and objectives, appropriate methods of research of economic processes were used, including systematization and generalization (with theoretical substantiation - the concept of investment process), comparative method (with dynamics of foreign investment), method of quantitative analysis, methods of induction and deduction. According to the results of the study, the following conclusions were drawn: At the state level, it is necessary to continue to take a set of measures to stimulate investment processes in the economy of Ukraine, and thus it will help to attract investment by Ukrainian enterprises in conditions of economic instability. Improving the legislative and organizational framework to increase the capacity of mechanisms to ensure a favorable investment climate and forming a basis for maintaining and increasing the competitiveness of the domestic economy is an urgent issue for further improvement of the investment climate in Ukraine A study of the main obstacles to foreign investment in Ukraine has shown that the country's judiciary ranks first, corruption second, and market monopolization and seizure of power by oligarchs third. In addition, investment returns in the years before and during the pandemic were compared. The obtained results can be used in the development process strategies of foreign economic development of Ukraine and evaluation of efficiency conducting policy in the field of currency regulation.

scholarly journals TAX INSTRUMENTS OF INVESTMENT DEVELOPMENT STIMULATION: INTERNATIONAL EXPERIENCE AND NATIONAL REALITIES

2018 ◽  
Vol 20 (1(66)) ◽  
pp. 32-43
Author(s):  
B.V BURKINSKYI ◽  
O.I. LAIKO ◽  
V.P TALPA
Keyword(s):  
Black Sea ◽  
Foreign Investment ◽  
International Experience ◽  
Regulatory Function ◽  
The Black Sea ◽  
Future Research ◽  
Investment Climate ◽  
Investment Activity ◽  
Black Sea Region ◽  
Tax Regulation

Topicality. The urgency of the problem of tax instruments using in the role of means for stimulation of investment activity and of means for creating of a favorable investment climate nowadays grows due to the need for additional resources that are to be involved in the socio-economic development of Ukraine, as well as through the progress of administrative reform, which creates new opportunities for the use of taxes as tools for the stimulating of investment development. Aim and tasks. The purpose of the article is to substantiate the expediency of studying tax instruments as means for the stimulating of investment development, identifying of active and effective mechanisms for the attracting of investment funds for the development of the Ukrainian economy, taking into account international experience. Research results. The article thematically dedicated to the use of tax instruments for maintain of competitive investment policies at the regional, sub-regional, national levels, improving the investment climate in the region. The instruments are integrated into the mechanism with help of general conceptual idea - the ensuring of favorable conditions for the conducting of economic activity through the use of preferential indirect instruments that do not create differentiation between territories and entities, however, contribute to the renewal of capital of the entities. The European model of tax incentives for activation of foreign investments in Ukraine and the Black Sea region is considered and the main factors that have caused insufficient functional significance of tax instruments to stimulate investment development and to provide capital intensification are determined. There are also considered the American model of tax regulation of foreign investment, as well as the Asian model of tax regulation of foreign investment. The mechanism of combination of regulatory instruments in a single set, include measures of tax preferential support, organizational, guarantee-oriented support of investment projects realization on the territory of the Ukrainian Black Sea region, ways to increase the level of local budgets' self-incomes, to introduce the possibility of the determining and applying rates of taxes by local authorities self-governance within the limits set by the Tax Code of Ukraine. Conclusions. Strategic directions for the stimulating of business activity at the national and regional levels are substantial, but for this purpose, appropriate institutional support is required, namely, the relevant changes to the articles of the Tax Code of Ukraine. The prospects for future research in the field of regulation of investment activities are related with the formation of an institutional environment for the implementation of the regulatory function of taxes, the justification of the investment-efficient structure of the tax system.

scholarly journals Assessment of the potential and use of recreational resources of Stryj district of Lviv region

2020 ◽  
Vol 22 (93) ◽  
pp. 97-101
Author(s):  
B. M. Kalyn ◽  
M. V. Stanishevska
Keyword(s):  
Geographical Location ◽  
Mineral Waters ◽  
Cultural Resources ◽  
Investment Activity ◽  
Recreational Activities ◽  
National Importance ◽  
Recreation Centers ◽  
Main Components ◽  
Recreational Resources ◽  
The City

In Lviv region, the development of the recreational sphere is a strategic landmark. Natural recreational resources of Lviv region and the largest in Ukraine in number, diversity and degree of preservation of historical and cultural resources have led to significant development of the industry. However, the territory of the region is characterized by varying degrees of development of recreational resources and development of recreational potential. The level and intensity of the current use of the potential of recreational resources of Stryi district are estimated. Due to the favorable geographical location, favorable climatic resources, a significant number and diversity of historical and cultural recreational resources, Stryi district has significant potential for the development of recreation. One of the main components of therapeutic recreation is the availability of natural therapeutic recreational resources – mineral waters and therapeutic mud – in the area. Morshyn has the largest number of mineral water sources, which are characterized by high sulfate content. 21 objects of the nature reserve fund have been created on the territory of the district, which has a high value for the organization of recreational activities and allows to consider them as the most important component of natural recreational resources. The potential of recreational resources of Stryi district is determined, which is 0.46 and corresponds to the average attractive level. Separate recreation centers have been formed within the district. This is, first of all, the city of Stryi, which has a significant number of historical and cultural resources, the city of Morshyn – as a center of medical and recreational recreation. The proximity to these cities of protected areas increases their recreational potential. Threats to further recreational use of nature are a significant anthropogenic load on the environment, irrational use of natural recreational resources and low investment activity in the development of the industry. Priorities for the development of recreational activities are the identification and use of new types of recreation, unique features of individual territories, popularization of their historical and ethnographic features, increasing the share of objects of will, in particular national importance.

scholarly journals Innovation and investment potential of region as a factor of its "smart transformation" – a case study of Kharkiv region (Ukraine)

2018 ◽  
Keyword(s):  
Cluster Analysis ◽  
Economic Development ◽  
Influence Factor ◽  
City Development ◽  
Investment Activity ◽  
Socio Economic Development ◽  
Comprehensive Development ◽  
Territorial Differentiation ◽  
Content Factor ◽  
The City

Formulation of the problem. Kharkiv region has recently been increasingly positioned as a "smart region" and Kharkiv as a "smart city". Moreover, the emergence of "smart economy" and the availability of people with jobs is one of the strategic objectives for the city development by 2020. The formation of Kharkiv region as an "intelligent region" with "smart economy" implies, among other objectives, a comprehensive development of innovation and investment activities in the region, its transformation into a Ukraine's leading innovation and investment center. A mandatory condition of the region’s progressive socio-economic development is the economy of innovation type, which is impossible without investment. The purpose of the article is to analyze the innovation and investment potential of Kharkiv region as a factor of its smart transformation, to identify the features of its formation and use in the aspect of the formation of Kharkiv region as a "smart-region". Results. In this paper positioning of Kharkiv region and the city of Kharkiv as a smart region has been defined. The key goals and objectives of development towards a "smart economy", as well as basic factors of becoming "intelligent (smart) economy" are given. The authors analyze innovation and investment potential of Kharkiv region as a factor of its smart transformation; reveal the features of its formation and use in terms of Kharkiv region’s formation as a "smart-region". The place of Kharkiv region in the national dimension was determined according to individual indicators of innovation and investment activity and, in general, according to the innovation and investment potential with the help of the mathematical and statistical analysis. In particular, it is noted that Kharkiv region occupies the 2nd place in Ukraine in terms of the integral indicator of the formation and use of innovation and investment potential yielding only to Kyiv. According to the results of factor analysis, the factors of formation and use of innovation and investment potential of the Kharkiv region (socio-economic, resettlement, housing and trade and socio-demographic), their content (factor loadings) and intraregional peculiarities of influence (factor scales) were substantiated. Using a cluster analysis (Ward’s method, Euclidean distance), grouping of cities and districts of Kharkiv region was conducted based on the similarity of their innovation and investment activities (4 groups of cities and 5 groups of districts were identified). The results of cluster analysis made it possible to conclude that Kharkiv region is characterized by considerable territorial differentiation of the peculiarities of the formation and use of the innovation and investment potential of its administrative and territorial units, which is primarily due to the specifics of their socio-economic development. The undisputed leaders are the city of Kharkiv and Kharkivsky and Dergachivsky counties, which are characterized by the highest investment attractiveness and innovative activity, and in general, the largest innovation and investment po-tential. Thus, clustering allowed defining the features of innovation and investment potential in territorial distribution of the region, identifing problems and outline prospects for further use of the region’s available resources.

scholarly journals Assessment of the scale of business transnationalization and the system of foreign economic activity support in China

2019 ◽  
Vol 7 (3) ◽  
pp. 116-120
Author(s):  
Марина Ткаченко ◽  
Marina Tkachenko ◽  
Наталья Бударина ◽  
Natal'ya Budarina
Keyword(s):  
Economic Policy ◽  
Economic Activity ◽  
Direct Investment ◽  
Special Role ◽  
Foreign Economic Policy ◽  
Foreign Markets ◽  
Investment Activity ◽  
Foreign Investors ◽  
Foreign Countries ◽  
The Moment

The article assesses the scale of foreign direct investment of Chinese companies in foreign markets, including Russia. It is established that the strategy of "going abroad" at the moment has impressive results, and China's investment activity will only increase, even despite the opposition from foreign countries and the presence of problems with the support of potential foreign investors in China itself. A special role in the implementation of this strategy should play a systematic support for exports, which is an important component of China's foreign economic policy

scholarly journals INTRAREGIONAL DIVERSIFICATION OF THE LEVEL OF THE FINANCIAL SITUATION OF THE POVIATS OF EASTERN POLAND IN RELATION TO THE DEVELOPMENT POTENTIAL

2019 ◽  
Vol 5 (3) ◽  
pp. 1 ◽  
Author(s):  
Paweł Dziekański ◽  
Andrzej Pawlik
Keyword(s):  
Economic Development ◽  
Common Property ◽  
Geographical Location ◽  
Data Bank ◽  
Financial Resources ◽  
Special Importance ◽  
Local Data ◽  
Investment Activity ◽  
Financial Situation ◽  
Development Potential

Territorial self-government is an independent entity that has a certain scope of freedom in deciding on the path of development of the subordinate area, common property, and implementation of public tasks. The aim of the study is to assess the intra-regional diagnosis of the level of the poviat’s financial situation relative to the development potential. The data used to conduct the study refer to the years of 2009 and 2016; they come from the Local Data Bank and cover 101 poviats of Eastern Poland. The poviat can carry out its tasks when it is equipped with stable and efficient sources of income. The level and structure of budget revenues determine investment activity. The socio-economic space of the poviat’s activity is a multi-element system. It achieves different levels of development depending on the structure, equipment elements, as well as the quality and complexity of the links between them. The ability of a poviat to operate can be seen as a set of factors that are mutually related to each other. These factors include: technical infrastructure, knowledge, innovation, regional product, eco-development, geographical location, finances. These factors depend on the potential inherent in the region, activity in the sphere of planning and implementation of regional policy by regional self-government authorities, the state’s economic policy, and the standards of structural policy and EU cohesion policy. These factors are not unchangeable over time; therefore, they should be subjected to continuous and ongoing analysis. The synthetic measure of the financial situation according to the average value of the 2007–2016 years was in the range from 0.24 to 0.49. Poviats with a higher rate of the synthetic financial situation are better in terms of the measure of development. The level of the indicator is influenced by: the economic character of the entity and the function of the area, economic potential, financial situation, quality of the natural environment and infrastructure. The management of financial resources is of special importance in the functioning of poviats. They affect the economic situation of the local government, the conditions for the implementation of tasks. Financial resources are the basis for the operation of individuals and a condition for the implementation of the tasks imposed on them, they determine development and are an expression of the potential for economic development. The situation of the surveyed units varied. The ranking of cities in the ranking did not change substantially in the subsequent years. It was confirmed that financial resources are the basis for the operation of individuals and a condition for carrying out the tasks imposed on them, determine development, and reflect the potential for economic development.

scholarly journals Samara merchants and commercial education in the early XX century

2019 ◽  
Vol 8 (3) ◽  
pp. 195-200
Author(s):  
Elena Ivanovna Sumburova
Keyword(s):  
Economic Development ◽  
Public Institutions ◽  
Business Community ◽  
Educational Institutions ◽  
Special Role ◽  
Education Development ◽  
Institutional Conditions ◽  
The Creation ◽  
The City

The paper examines a process of commercial education development in Samara on the basis of archival materials and published sources of educational institutions and public institutions. The study revealed the motives that determined the main directions and results of Samara commercial and industrial circles activities aimed at providing staff to urban enterprises at the beginning of XX century. The author highlights a special role of Samara entrepreneur organizations, and first of all, the society of clerks and the Exchange society in the creation of a commercial school and a trading school. The author emphasizes that the established lower and secondary commercial educational institutions met the needs of the local business community. It is noted that the commercial school was focused mainly on the training of students for admission to universities (mostly technical), while trade schools and commercial courses provided the city with the necessary specialists majoring in Economics. As a result, the author comes to the conclusion that the local institutional conditions for higher economic school establishment in Samara in the early XX century was not developed, the rate of commercial education development depended on the economic development of the region.

scholarly journals The role of financial and administrative indicators in creating an attractive environment for foreign investments

2017 ◽  
Vol 3 (2) ◽  
pp. 700
Author(s):  
Ammar Shihab Ahmed ◽  
Arshad Mohammed Mahmood
Keyword(s):  
Economic Development ◽  
Foreign Investment ◽  
The Other ◽  
Financial Indicators ◽  
Investment Climate ◽  
Foreign Investments ◽  
Investment Environment ◽  
Administrative Procedures ◽  
The One

         Asulait search light on the financial indicators and the types of ease of indicators acts and statement impact in the creation of direct and indirect foreign investment attractive investment environment, and today are competing all over the developed and the developing world by improving financial and administrative their systems to provide various facilities for polarization through the development of the financial system on the one hand, and on the other hand provide incentives and reduce all kinds of administrative procedures that have been put forward and described in the report that the HRA issued to ensure investment and report the investment climate, and the union of these two objectives become the investment environment attractive for investment thereby enhancing the contribution to the economic development which is the target of seeking to achieve all countries, including Iraq  . 

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