scholarly journals ESSENCE AND SIGNS OF INVESTMENT OF THE NATIONAL ECONOMY ON THE EXAMPLE OF THE BLACK SEA REGION OF UKRAINE

Author(s):  
Oleksii Kulakov

At this stage of development of Ukraine’s economy it is necessary to analyze the nature and characteristics of investment in the national economy. To increase the investment attractiveness of Ukraine requires systematization of investment characteristics. Due to the lack of investment, the classification of types of investments will help the economic development of Ukraine. There are also quite different definitions of investment, which is of great importance for the investment development of Ukraine. It is necessary to analyze and generalize scientific approaches to create a definition of “investment”. Intensification of foreign investment helps the development of industry, agro-industrial complex, education, science, social protection and more. It is extremely important to intensify foreign investment in the Black Sea (southern) Region, namely in Odessa, Mykolaiv, Kherson and Donetsk regions. After all, all these areas participate in the Black Sea Basin program. Therefore, the problems of the essence and features of investments of the national economy become relevant, the analysis of these problems will increase the investment attractiveness of Ukraine and its regions. The article analyzes the scientific approaches to defining the category of ‘investment” by different authors, as well as related concepts that are directly related to this category. The signs of investments are systematized. Based on the analysis and generalization of scientific approaches, the definition of the category “investment” is proposed. Based on the analysis of statistical data, the growth of foreign direct investment in the economy of the Black Sea Region of Ukraine was revealed. Taking into account the statistical data, it is investigated that there is almost no increase in the volume of foreign investment per unit of national currency (hryvnia) of the gross regional product (GRP) in the Black Sea Region of Ukraine. It is considered that the growth of foreign investment per capita is low in the Black Sea Region of Ukraine, which requires attracting new foreign investment in the Black Sea Region of Ukraine, support small and medium enterprises in the Black Sea Region of Ukraine.

2018 ◽  
Vol 20 (1(66)) ◽  
pp. 32-43
Author(s):  
B.V BURKINSKYI ◽  
O.I. LAIKO ◽  
V.P TALPA

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.


Author(s):  
Oleksii Kulakov

At the present stage of development in the economy of Ukraine there is the problem of attracting investment. Various countries of the European Union and other countries are ready to invest in the Ukrainian economy. Investments develop the economy of Ukraine, namely, support small and medium-sized businesses, introduce the latest technologies, improve public authorities and more. It is necessary to intensify foreign investment in the Black Sea (southern) Region. Based on statistics, the most stable increase in exports of goods is observed in the economy of Mykolaiv region, which indicates the development of projects and programs of European and Euro-Atlantic integration, but in Donetsk, Odessa and Kherson regions unstable increase in exports of goods, so it is necessary to increase projects and programs European and Euro-Atlantic integration to attract investment, as well as increase the implementation of international experience exchange programs for small and medium-sized businesses. Based on statistical data, the unstable increase in imports of goods was revealed, which does not show the significant negative impact on the economy of the Black Sea Region of Ukraine, but it is necessary to increase investment efficiency and implement investment projects. As the result of the analysis the growth of foreign direct investment in the economy of the Black Sea Region of Ukraine is investigated, which shows insufficiently effective development of the economy of the Black Sea Region of Ukraine, therefore it is necessary to increase the attraction of foreign investments in the economy, to support small and medium business in the economy and to introduce international experience exchange programs for small and medium business in the economy of the Black Sea Region of Ukraine, etc. It is considered that to increase the implementation of projects and programs of European and Euro-Atlantic integration to attract investment in the Black Sea Region of Ukraine it is necessary to perform the following actions: implement anti-corruption programs, realization training for civil servants of Ukraine, introduce international experience exchange programs, etc.


2017 ◽  
pp. 299-306
Author(s):  
Inna Irtyshcheva ◽  
Dmytro Krylenko

The influence of the level of development of the Black Sea region (on the example of Mykolaiv, Odessa and Kherson regions) on the directions of implementation of the fiscal policy of the state is investigated. The results of the analysis prove that the most favourable conditions for economic activity in the Black Sea region have been created. High-quality service of payers and good business attitude to paying taxes are provided. The key to economic stability and economic security is the high level of responsibility of business in the region. Improvement of conditions for doing business has led to the increase in the revenue side of the region and to the increase in revenues to the local budget. It has provided an opportunity for local governments to allocate additional funds to finance the social and cultural sphere of the population and residents of the region. It is proved that the indicator of budget revenues of communities is not an instant indicator of recovery of economic growth. Local budget revenues are influenced by the following factors: inflation, rising nominal wages, direct state support (transfers), fiscal decentralization. Extending the rights of regional local authorities and transferring them with a number of powers will stimulate the development of industry and small businesses. Only in this case it will be possible to observe an increase in the share of own and fixed sources of income in local budgets and a decrease in the share of transfers. It is determined that strategic regional economic growth in the process of implementation of fiscal policy should reach its main goal - it is the increase in the revenues and powers of the regions, and hence the improvement of the social and economic situation. At the current stage of development of the fiscal system it is necessary to decentralize not only expenditures, but also incomes; to reduce regional disparities and ensure the economic development of the regions; to establish a transparent process of fiscal equalization to eliminate regional imbalances; to provide the transparent and controlled funding system.


2020 ◽  
pp. 172-196
Author(s):  
Philip E. Phillis ◽  
Philip E. Phillis

Amongst the diverse populations migrating to Greece in the 1990s were also thousands of so-called ‘co-ethnic’ Orthodox Greeks from Southern Albania and the Black Sea Region (also known as the Pontic region) who were summoned back to their alleged homeland. Three films have dealt with the agenda of repatriation and its problematic ideological background: From the Snow/Ap to Hioni (1993), From the Edge of the City/Ap tin Akri tis Polis (1998) and Xenia (2014) expose the essentialisms of national identity, evoking simultaneously the bewilderment of co-ethnics, who were ultimately welcomed as strangers, and their struggles to assimilate. Despite many differences in form, all three films put the very notion of repatriation to the test and tackle head-on patriarchal discourses that figured prominently in the country’s nationalist program. The author thus maintains a focus on the potential of Greek immigration films to radically screen repatriation and to forge an inclusive definition of Greekness.


2019 ◽  
Vol 4 ◽  
pp. 66-71
Author(s):  
V.Y. Zhuravsky ◽  
◽  
E.N. Voskresenskaya ◽  
V.V. Trusevich ◽  
A.S. Lubkov ◽  
...  

2019 ◽  
Vol 4 (3) ◽  
pp. 229-236
Author(s):  
Andrii ZAVHORODNII

Introduction. The foreign economic activity of the regions to date is a factor contributing to improving the well-being of the population, improving its quality of life, as well as the socio-economic development of the territory and increasing its competitiveness. The purpose of the article is to analyze the commodity structure of exports of the Ukrainian Black Sea region. Results. The export of Mykolaiv, Kherson, Odesa and Black Sea regions by individual product groups is investigated and the export structure is determined. The export of the Mykolaiv region in 2009-2018 by separate product groups and its structure is investigated. Compared to 2014, the region's exports increased by 10,3 % to $ 2,3 billion with an average annual increase of 7,5 % over the last three years. The largest is the proportion of crop products – about 90 %. Within 5 years, the share of machinery products in the structure of export of goods in the region decreased, the share of which consistently decreased from 14,1 % in 2014 to 2,3 % in 2018, which is explained by the loss of traditional eastern markets. The commodity structure of Kherson region export is investigated, where the largest is the share of crop products – their share in export is about 60 %. Exports of live animals and animal products increased from $ 7982,9 thousand in 2009 to $ 14525,7 thousand in 2018, correspondingly from 3,13 % to 8,34 % of the share. The commodity structure of export of Odessa region is investigated. The largest is the share of crop products, that increased from 43,49 to 64,98 % in exports. The share of fats and animal oils or vegetable origin decreased: from 33,27 % to 20,34 %. The commodity structure of the Black Sea region exports as a whole is investigated. The highest is the share of crop products, that increased from 70,77 to 76,81 % in exports. The volume of finished foods and fats and vegetable oils decreased from 14 % to 10,3 % and 11 % respectively. Conclusions. In general, the indicators of foreign trade activity of the agricultural enterprises of the Black Sea region increased significantly in 2009-2018. In recent years (2014-2018) import volumes have fallen substantially. The most productive in terms of foreign trade balance are the enterprises of the agro-industrial complex of Mykolaiv region. Key words: foreign economic activity of the region, export, import, dynamics, regional foreign economic relations, foreign economic relations of the region.


Paléorient ◽  
2013 ◽  
Vol 39 (2) ◽  
pp. 173-182
Author(s):  
Bleda S. Düring ◽  
Bernard Gratuze

2019 ◽  
Vol 17 (4) ◽  
pp. 161-185
Author(s):  
Małgorzata Podolak

Views on the institution of direct democracy have changed during the period of democratic transition. The various advantages and positive effects of direct democracy have been confirmed by the practice of some democratic countries. Its educational and political activation value for society was also noted, without which civil society cannot form. The referendum is especially treated as the purest form of correlation between the views of society and the decisions of its representatives. In a situation where two representative bodies are present – the parliament and the president – a referendum is considered a means of resolving disputes between them in important state affairs. The referendum is nowadays becoming more than just a binding or consultative opinion on a legislative act, especially a constitution. First and foremost, it is important to see the extension of the type and scope of issues that are subject to direct voting. Apart from the traditional, i.e., constitutional changes, polarising issues that raise considerable emotion have become the subject of referenda. Problems of this type include, in particular, moral issues, membership in international organisations, and so-called ‘New Policy’. This article presents the role and importance of the referendum as an institution shaping the democratic systems of the Black Sea Region.


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