INTEGRATED ASSESSMENT OF INVESTMENT ATTRACTIVENESS OF REGIONS IN UKRAINE

2021 ◽  
Vol 296 (4) ◽  
pp. 51-58
Author(s):  
BOHDAN KYSHAKEVCYH, ◽  
◽  
MARYNA NAKHAEVA ◽  
Keyword(s):  
Economic Development ◽  
Investment Policy ◽  
Development Economic ◽  
Short Term ◽  
Regional Investment ◽  
Significant Difference ◽  
Socio Economic Development ◽  
Dea Analysis ◽  
Integral Indicator

The article proposes a model for the integral assessment of the investment attractiveness of the regions in Ukraine, taking into account seven blocks of their socio-economic development: economic development, investment activity, financial self-sufficiency, labor market and entrepreneurship, infrastructure, socio-economic development, the effectiveness of regional investment policy. The article substantiates the need to take into account the effectiveness of regional investment policy when assessing investment attractiveness and the feasibility of differentiating such assessments depending on the type of investor and the type of investment. The authors propose to take into account such features of the investment process by using DEA-analysis and selection of appropriate weight coefficients that determine the share of each block of indicators regarding socio-economic development of regions in their overall investment attractiveness. Since the VRS assumption or BCC model in DEA analysis provides for a change in efficiency in accordance with a change in the scale of operations, to assess the effectiveness of regional investment policy, we further used the CRS assumption about the constancy of the scale of operations, since the size of investment flows in the Ukrainian economy is still relatively small. As a result, Kiev, Dnepropetrovsk and Kiev regions turned out to be the most attractive for both long-term and short-term investments. The Kherson region turned out to be the least attractive for long-term investments. In the case of short-term investments, the Sumy region showed the lowest value of the integral indicator of investment attractiveness. Some regions showed a significant difference in the value of the integral indicator of investment attractiveness for short and long-term investments, that once again emphasizes the importance of the initial stage of assessing the investment attractiveness of the region, namely, identifying the type of investor, his goals and investment period.

scholarly journals Эффективность системы государственной поддержки региональных инвестиционных проектов на Дальнем Востоке России

2020 ◽  
pp. 38-59
Author(s):  
Артемий Филатов
Keyword(s):  
Economic Development ◽  
Development Strategy ◽  
Support System ◽  
Russian Far East ◽  
Far East ◽  
Investment Policy ◽  
Investment Projects ◽  
Regional Investment ◽  
Socio Economic Development ◽  
The Russian Far East

В статье приведено понятие регионального инвестиционного проекта (далее − РИП) как инструмента реализации региональной инвестиционной политики. Проанализирован международной опыт реализации региональной инвестиционной политики. Приведен анализ нормативно-правовой базы, регламентирующей государственную поддержку РИП в Дальневосточном федеральном округе, на основании которого идентифицирована система государственной поддержки. Выявлены противоречия в составе элементов системы. В результате проведенной оценки выявлена недостаточная эффективность функционирования системы. The article describes the concept of a regional investment pro-ject (RIP). Regional investment projects are created in accord-ance with the regional development strategy. They are the in-struments for the regional investment policy implementation in a country of the federal structure. Those projects significantly impact on the socio-economic indicators of the region. The in-ternational experience of the regional investment policy imple-mentation was analyzed. This policy is aimed at reducing spa-tial differentiation. The Russian Far East regions require sup-port for the regional investment projects to ensure the advanced socio-economic development in accordance with the Federal government priorities. The effectiveness of the state support system is important for the RIPs. The structure of this system was identified and analyzed in the article. As a result of the analysis the contradictions in the composition of the system elements were found. At the federal level, there is no unified approach to identifying the ways to achieve the goals of the Russian Far East socio-economic development. Besides, contradictions were defined between the organizations providing the RIP support. The support system effectiveness was estimated quantitatively. The performance of the individual RIPs was assessed at the first stage. The regional investment management efficiency was estimated at the second stage. As a result of the estimation, it was found that the system was not functioning efficiently and that the current configuration of the RIP support system didn’t allow achieving the advanced socio-economic development of the Russian Far East regions.

INVESTMENTS AND INVESTMENT ATTRACTIVENESS AS FACTORS OF SUSTAINABLE REGIONAL DEVELOPMENT

2021 ◽  
Vol 2 (7) ◽  
pp. 33-39
Author(s):  
A. K. GERGAEVA ◽  
◽  
B. R. KALLAGOV ◽  
A. Kh. KALLAGOVA ◽  
◽  
...  
Keyword(s):  
Economic Development ◽  
Environmental Economic ◽  
Investment Policy ◽  
Investment Risk ◽  
Key Factors ◽  
Investment Activity ◽  
Regional Investment ◽  
Commodity Money ◽  
Socio Economic Development ◽  
Sustainable Regional Development

The investment component is one of the key factors of sustainable socio-economic development of the regions. As an economic category, investments play an exceptional role in the system of commodity-money relations at both the macro, micro, and meso levels. Investment attractiveness and investment risk are the formative elements of an appropriate regional investment policy. Investment activity on the territory of practically any subject of the federation, by definition, is associated with financial, environmental, economic, social, criminal, political, and administrative – legal and other risks. This article is devoted to the analysis of some aspects of this problem.

scholarly journals Investment in the Agroindustrial Sector as a Factor of Sustainable Development of the State

2020 ◽  
Vol 6 (10) ◽  
pp. 253-257
Author(s):  
E. Erlygina ◽  
A. Vasilyeva
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Significant Role ◽  
Agricultural Production ◽  
The State ◽  
Investment Policy ◽  
Main Condition ◽  
Socio Economic Development ◽  
Effective Development

The agroindustrial sector plays a significant role in the Russia economy. The main condition for the stable functioning and development of the agroindustrial sector is the dynamic and effective development of investment activities. Problems of investment development of agriculture negatively affect the economic sphere of agricultural production. It is necessary to optimize the investment policy, which will contribute to the emergence of long-term investments in agriculture, ensuring sustainable socio-economic development of the industry.

Russia’s Development Strategy: Guidelines and Restrictions

2008 ◽  
pp. 119-130 ◽  
Author(s):  
V. Senchagov
Keyword(s):  
Economic Development ◽  
Development Strategy ◽  
Conceptual Basis ◽  
The Core ◽  
Economic Development Strategy ◽  
Socio Economic Development ◽  
Rates Of Growth

The core of Russia’s long-term socio-economic development strategy is represented by its conceptual basis. Having considered debating points about the essence and priority of the strategy, the author analyzes the logic and stages of its development as well as possibilities, restrictions and risks of high GDP rates of growth.

On Climate Change Risks of Long-Term Socio-Economic Development in Russia

2019 ◽  
pp. 79-95
Author(s):  
N.E. Terentiev
Keyword(s):  
Climate Change ◽  
Economic Development ◽  
Technological Innovation ◽  
Global Climate Change ◽  
Global Climate ◽  
Climate Risk ◽  
Climate Change Risks ◽  
Socio Economic Development ◽  
Management Policies

Based on the latest data, paper investigates the dynamics of global climate change and its impact on economic growth in the long-term. The notion of climate risk is considered. The main directions of climate risk management policies are analyzed aimed, first, at reducing anthropogenic greenhouse gas emissions through technological innovation and structural economic shifts; secondly, at adaptation of population, territories and economic complexes to the irreparable effects of climate change. The problem of taking into account the phenomenon of climate change in the state economic policy is put in the context of the most urgent tasks of intensification of long-term socio-economic development and parrying strategic challenges to the development of Russia.

scholarly journals Reform in the international food aid regime: the role of consensual knowledge

1992 ◽  
Vol 46 (1) ◽  
pp. 225-264 ◽  
Author(s):  
Raymond F. Hopkins
Keyword(s):  
Economic Development ◽  
International Organizations ◽  
Epistemic Community ◽  
Food Aid ◽  
Local Production ◽  
Short Term ◽  
The 1950S ◽  
Food Imports

The principles and norms adopted by the regime governing food aid in the 1950s have changed substantially during the subsequent three decades. Explaining the changes necessarily includes analyzing the efforts of an international epistemic community consisting of economic development specialists, agricultural economists, and administrators of food aid. According to the initial regime principles, food aid should be provided from donors' own surplus stocks, should supplement the usual commercial food imports in recipient countries, should be given under short-term commitments sensitive to the political and economic goals of donors, and should directly feed hungry people. As a result of following these principles, the epistemic community and other critics argued, food aid often had the adverse effects of reducing local production of food in recipient countries and exacerbating rather than alleviating hunger. The epistemic community (1) developed and proposed ideas for more efficiently supplying food aid and avoiding “disincentive” effects and (2) pushed for reforms to make food aid serve as the basis for the recipients' economic development and to target it at addressing long-term food security problems. The ideas of the international epistemic community have increasingly received support from international organizations and the governments of donor and recipient nations. Most recently, they have led to revisions of the U.S. food aid program passed by Congress in October 1990 and signed into law two months later. As the analysis of food aid reform demonstrates, changes in the international regime have been incremental, rather than radical. Moreover, the locus for the change has shifted from an American-centered one in the 1950s to a more international one in recent decades.

DEMOCRACY, ECONOMIC COMPLEXITY AND SOCIO-ECONOMIC DEVELOPMENT: PROBLEMS OF INTERCONNECTION AND WAYS OF THEIR INCREASE IN UKRAINE

2018 ◽  
Author(s):  
Anna Smahliuk ◽  
◽  
Tetiana Pokotylo ◽  
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Democratic Institutions ◽  
Economic Complexity ◽  
Multiplier Effect ◽  
Socio Economic Development ◽  
National Production ◽  
Level Of Knowledge ◽  
Sustainable Economic Growth

The article explores the factors that allow the economies of the countries of the world to achieve sustainable economic growth at different stages of the country's economic development, depending on the level of GDP per capita. Among which are highlighted: basic factors, efficiency factors and innovative factors. For the Ukrainian economy, which is at the stage of focusing on efficiency, the issues of the place, significance and level of economic complexity of the Ukrainian economy and ensuring sustainable economic growth on this basis are considered. Economic diversification and complexity are defined as key drivers of long-term growth. The dynamics of the index of economic complexity in Ukraine is analyzed, modern trends are revealed. Directions and strategic approaches to the diversification of national production are proposed, which could have a significant multiplier effect, increase the complexity and level of knowledge in the economy. It also provides evidence on the relationship between socio-economic development, values of self-expression and democratic institutions. The conclusion is formulated: socio- economic development leads to the spread of the values of self-expression, and they, in turn, to the establishment and strengthening of democratic institutions.

Factors and Prospects for Overcoming the Socio-Demographic Crisis in Russia

2020 ◽  
Vol 144 ◽  
pp. 74-81
Author(s):  
Boris N. Kuzyk ◽  
◽  
Valentina G. Dobrokhleb ◽  
Tatiana Y. Yakovets ◽  
◽  
...  
Keyword(s):  
Economic Development ◽  
Present Article ◽  
Social Doctrine ◽  
Demographic Dynamics ◽  
The World ◽  
Socio Economic Development

Demographic crisis remains one of the main challenges to socio-economic development of Russia. The COVID–19 pandemic has aggravated preconditions for a possible recovery from depopulation. The present article substantiates the need to develop and approve the RF social doctrine upon completion of national projects in 2018–2024. The authors suggest their own approach to overcoming the socio-demographic crisis with regard to the long-term demographic dynamics in Russia. Various scenarios of the “post-coronavirus” future of both specific countries and the world as a whole are proposed.

scholarly journals Foreign Direct Investment Led Growth Hypothesis and Economic Development in Nigeria

2021 ◽  
Vol 2 (4) ◽  
pp. 376-393
Author(s):  
Ubong Edem Effiong ◽  
Nora Francis Inyang
Keyword(s):  
Economic Development ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Unit Root Test ◽  
Secondary Data ◽  
Short Term ◽  
Causality Test ◽  
Bounds Test ◽  
Growth Hypothesis

This study was an inquiry into the nexus of the foreign-direct investment (FDI) led growth hypothesis, and how it translates into the development of the Nigerian economy as of 1970 – 2018. The study utilized secondary data from the ‘World Development Indicators’ which were analysed using the Bounds test for cointegration and the ‘autoregressive distributed lag (ARDL) approach to divulge both the short-term cum the long-term influence of foreign direct investment net inflow on ‘economic development’ of Nigeria. The Bounds test was conducted after the unit root test revealed that the variables were stationary at mixed order of level and first difference. The outcome of the ARDL Bounds test supported confirmation of long-term association among the variables. The ARDL short-run error correction showed that 14.62% of the instability in the model was corrected yearly. In the short-term, it was discovered that FDI wielded a deleterious and substantial weight on ‘economic development of Nigeria. Meanwhile, the long-term estimates indicated that FDI influenced economic development positively, though not in a significant manner. The Granger causality test supported the fact that FDI causes ‘economic development’ in Nigeria. Given this potential of FDI exerting a positive effect on ‘economic development’, the paper recommended that bottlenecks inherent in FDI influxes in the country should be removed so as to reap the fullest benefits of such inflows in Nigeria.

Sign in / Sign up

Export Citation Format

Share Document