scholarly journals Problems of attracting investment to Ukraine

2020 ◽  
pp. 137-144
Author(s):  
Serhiy Sokolyuk ◽  
Vitalii Rybchak ◽  
Olena Zharun

The article analyzes the investment climate in Ukraine. The structure and dynamics of investment income in the national economy are investigated. The main problems and factors of attracting foreign investments, that are restricting the investment activity of domestic enterprises, are analyzed. It’s explored the place of Ukraine in the international ranks towards doing business and the overall state of the investment climate. The influence of macroeconomic factors on the investment activity of foreign investors is substantiated. It’s offered the directions of increasing the investment attractiveness of the Ukrainian economy in the current conditions of development.

VUZF Review ◽  
2020 ◽  
Vol 5 (2) ◽  
pp. 11-21
Author(s):  
Monika Artman ◽  
Tetiana Cherniavska

The article researches the role of formation of favorable investment climate in increasing investment activity in the territory of Poland. It focuses on the creation of favorable macroeconomic conditions for attracting direct (real) foreign investments to implement innovative projects. As a result of the study of investment conditions on the basis of PEST-analysis, the key factors of IA development were identified and their possible future impact (both positive and negative) was assessed. The results of the PEST-analysis allow their implementation in the program development and also in the investment activity management mechanisms.


Author(s):  
Azat Zhumashev

Currently, an important condition for sustainable development of the country is high investment activity, which is carried out by conducting an effective investment policy. This paper examines the state of the investment climate in Lithuania, as well as explores the conditions for foreign investors in doing business.


2016 ◽  
Vol 4 (4) ◽  
pp. 0-0
Author(s):  
Stanislav Borodkin

Russian companies doing business outside of the Russian Federation require special protection of their rights and lawful interests. Several methods of protecting foreign investor rights are available under the international law, including national courts and tribunals and commercial arbitrations (both institutionary and ad-hoc). International Center for Settlement of Investment Disputes is a special institution established to resolve the controversies related to foreign investments. It was created under an international treaty and its decisions are not subject to sovereign immunity. The article considers ICSID practice regarding the definition of an investment, since disputes are related to an investment activity, which is a topical question when dealing with the determination of the Center competence. While the analyzed cases do not have the power of binding precedents, when the arbiters elaborate on the definition of a foreign investment they use specific criteria that could be relevant for the national law. Since international practice has a more specific definition of foreign investments than the Russian law, the author suggests that the former be taken into consideration when a foreign investment is defined in Russian legal texts. It could ensure better protection of the rights of Russian legal entities abroad.


Introduction. Legal regulation of the process of attracting investment in the agricultural sector of Ukraine's economy is the basis for the formation of an attractive investment climate in the country. The level of investment in agriculture is insufficient to increase the export potential of our country. Topicality. Investment activity in the field of agriculture was studied according to the criteria of economic indicators, and the legislation establishing the procedure for attracting investment in the agricultural sector of the national economy was ignored. Purpose. Analysis of the current legislation on the process of investing in the agricultural sector of the national economy, study of the international legal framework on this issue, as well as identifying ways to optimize the legislative regulation of the investment process to increase the attractiveness of the investment climate. Methods. Theoretical and general scientific (analysis, synthesis, systematization), empirical method (method of comparison). Results. Based on the results of the study of regulatory and legal regulation of investment activities in the agricultural sector of Ukraine, international acts are analyzed, which regulate the basics of investment activities, including the Seoul Convention and the Convention on the Settlement of Investment Disputes between States and Foreign Persons. The main legal acts on the investment process in Ukraine were also studied, namely: Law “On Investment Activity”, Law “On State Support of Agriculture”, Resolution of the Cabinet of Ministers “On Approval of the Program for Development of Investment and Innovation Activity in Ukraine”. It has been found that the Ukrainian legislator is working to optimize the regulation of investment activities, but problems related to inconsistencies in regulations, corruption, inefficiency of the judiciary and legislative support of the investment process are still obstacles to improving the investment climate. Conclusions. Improving the effectiveness of legal regulation should be aimed at: eliminating shortcomings in the regulation of investment activities, increasing the level of state support for agriculture, a clear delineation of the competence of public authorities implementing investment policy.


2021 ◽  
Vol 2 (3) ◽  
pp. 29-34
Author(s):  
L. M. RUBAEVA ◽  
◽  
A. A. DATIEVA ◽  

The article analyzes the structure and dynamics of investment activity in the Russian Federation, as well as the number of foreign direct investments (FDI). The main factors that can improve the investment situation of the countries affected by the pandemic are identified. Possible ways to develop the investment potential of the Russian Federation, as well as ways to improve the investment climate of the country, are identified. Special attention is paid to the role and importance of investment resources for countries affected by the pandemic, as well as ways to improve the investment climate. As a result of the analysis, it was revealed that investment resources are one of the key factors that can lead the world economy out of such a difficult situation as the crisis.


Author(s):  
Ermina Smajlović ◽  
Alma Kamarić ◽  
Boro Ninić

The analysis of realized investments of individual regions and sub-regions opens up a question of relevant factors upon which foreign investors make decisions about investments into a certain location. Therefore, the objective of this paper is the theoretical elaboration of starting factors and determinants of foreign capital attractions, as well as, the observation of effects of marketing location on investment realisation. Identification of key motives, as well as the determination of the level of their significance in realisation of foreign investments into Bosnia and Herzegovina (hereinafter B&H), is necessary in order to define the effect of incentive measures for investment realisation. The results, presented in this paper, are gathered through primary research of companies formed by realisation of foreign investments into B&H (written structured survey). The data has been gathered on basis of a simple random sample made up of 30 surveyed, that is, 30 companies from B&H territory that occurred as a result of the realisation of foreign direct investments (hereinafter FDI) in our country. The research results show that B&H, regardless of its unstable political situation, poor investment climate, complex government structure, has an exceptional potential for the increase of FDI inflow, and that it is still attractive to foreign investors due to its technical-technological know-how, its natural resources, as well as is qualified and educated labour force.


2021 ◽  
pp. 12-21
Author(s):  
N.A. Budarina ◽  
◽  
A.A. Snegireva ◽  

The general economic situation of the countries can be characterized by one important factor – the investment climate. A favorable investment climate is the most important condition for attracting investment flows and subsequent eco-nomic growth in the country. Important criteria for making decisions in the field of investment activity are the assess-ment of the investment climate at the macro level. The article analyzes the current state of the investment sphere and the investment climate in the Russian Federation. The study provides an assessment of the dynamics of the number of foreign direct investment projects in the country from 2015 to 2019, the main investment donor countries for Russia as of 2019, and the most attractive industries and sectors of the Russian Federation for 2010–2019. The article considers the main regions-recipients of foreign investments. The study contains an analysis of the implementation of investment projects in the Russian Federation as of 2019. When studying the investment climate of the Russian Federation, it is necessary to take into account the corona virus pandemic, since this crisis could not but affect the volume of invest-ments and the implementation of investment projects. That is why the data for 2020 are considered separately: the impact of the corona virus infection on the implementation of investment projects, the factors of the corona crisis af-fecting investment flows, and the forecast state of the investment market at the end of 2021. The article presents the megatrends that have intensified after the pandemic and affect the investment climate of countries.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Andrei Yakovlev ◽  
Denis Ivanov

PurposeThe purpose of this paper is to investigate the links between investment activity and personal contacts for small- and medium-sized firms with public officials at the subnational level in Russia.Design/methodology/approachA list-experiment design, using a survey of 21,000 Russian firms in 2017, was used to evaluate the importance of personal connections with officials for conducting business.FindingsA total of 27% of firms without investment and 37% with investment considered personal connections with officials an important factor for doing business. The importance of such contacts was lower in regions with a better investment climate. However, a higher proportion of firms were likely to invest in the regions where higher importance was placed on political connections. Therefore, in Russia in the mid-2010s, investment from politically connected firms did not crowd out investment from other firms.Research limitations/implicationsAlthough the available data did not allow causality to be defined, the research shows that political connections are important for investors in emerging markets and that the importance of political connections diminishes with improvement in the business climate.Originality/valueThis paper provides a quantitative estimate of the relationship between political connections and firm investment in Russia, an example of large emerging economy. This relationship is moderated by institutional quality at the subnational level. The results provide empirical support for the theory of limited access orders elaborated by North et al. (2009), and stress the importance of rents and their productive utilization for the development of emerging economies.


2020 ◽  
Vol 10 (3) ◽  
pp. 57-61
Author(s):  
In'omjon Madaminov ◽  

In this article, the current issues of Uzbekistan’s national economy development are discussed based on further improvement of investment climate in the country. An important value is given to further perfection of legal base. The ways of domestic and foreign entrepreneurs’activation are justificated.


2021 ◽  
Vol 2021 (1) ◽  
Author(s):  
L. Khomutenko ◽  
Y. Zhorova

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.


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