scholarly journals DIRECTIONS FOR IMPROVEMENT OF INVESTMENT ATTRACTIVENESS OF UKRAINE ON THE GLOBAL STAGE

Author(s):  
Tetiana Ripa

In the conditions of deepening of transformational processes of development and formation of market relations in the system of world economy all branches of economy of Ukraine undergo significant transformations and reorientation. Under the influence of internal and external factors, the market environment changes. Despite the great resource potential, Ukraine fails to gain a leading position compared to economically developed countries. Therefore, it is advisable to study the current state of Ukraine's economy, analyze the dynamics of key indicators, assess the place in the world economy and find possible ways to improve the situation. As a result of the study, the main indicators characterizing the economic development of Ukraine for 2010-2020 were considered. Among them, the index of global competitiveness, the index of investment attractiveness occupy a special place. The analysis of the dynamics of these indicators revealed negative trends due to the aggravation of economic crises, hostilities in the east, the annexation of the Autonomous Republic of Crimea, destabilization of social and political life, the COVID-19 pandemic. It is determined that the main reason for this situation is the bankruptcy of domestic enterprises due to the low level of competitiveness and the inability to adapt to changing conditions of the external and internal environment and attract investment. The study proposed methodological approaches to assessing the level of investment attractiveness of the country and proved the importance of the ability not only to create new competitive advantages, but also to keep existing ones under the influence of a number of factors; Ukraine's ranking positions in comparison with other countries of the world according to the index of business conditions, the index of economic freedom, the index of global competitiveness, world competitiveness and world digital competitiveness are determined. It is established that the deterioration of rating places on these indicators requires the immediate development of new regulations, the choice of a new strategy for attracting investment, as well as the effective use of levers of influence on the economy.

2020 ◽  
Vol 10 ◽  
pp. 199-207
Author(s):  
Alexey N. Yeletsky ◽  

The article reflects the results of scientific research on leadership in the world economy. The purpose of the article is to analyze the problems of determining the key factors of the genesis and evolution of this phenomenon, as well as to identify indicators of the leading position of countries in the global economy. The relevance of the topic is due to the current global processes of the structural shifts within the world economic system and trends concerning a new change in the geo-economic leadership. Based on the world-system methodology, the geo-economic approach, as well as the comparative and historical methods in economics, methods of global political economy, the author developed and demonstrated their synergic potential applied to the research of the world economy’s evolution. Heuristic possibilities of the methodological-theoretical concept of a geo-economic polarity (including multipolarity) are used. The author concludes that the leadership is characterized by the presence of immanent factors that determine the genesis of becoming a leader. It is substantiated the significance of each of these factors and proved that their effective combination leads to the formation of a leadership in the global economy. The article provides and describes the chronological periodization of leadership, and its universal triggers, which are unique for each specific stage of the world economy’s development. It is established the presence of key indicators that reflect this leadership, and emphasizes the change and expansion of the range of these indicators in the process of the evolutionary development of productive forces. It is justified that current leadership tends to geographic dispersion and is expressed in the gradual establishment of a geo-economic multipolarity of the world economy. The article predicts the current change in the nature of geo-economic leadership itself.


Author(s):  
Olga Mikhailovna Markova ◽  
Elena Borisovna Starodubtseva

In modern conditions the role of digitalization which is becoming the main factor of the development of the world economy, is growing significantly, as the competitiveness of individual countries is determined by the level of implementation of innovative banking technologies as a tool for creating digital financial ecosystems. At the same time, there are considered key indicators of bank customers activities related to Internet access and infrastructure development opportunities, the consumer demand for digital technologies, the specific application of legislative norms in this area, the development of innovations in individual countries based on additional investment in the latest technologies and digital start-ups. There is given the definition of the concept of digital economy, analysis of the development of digitalization in terms of its use in various areas: financial, production, trade, social. Within the framework of the national approach, digitization, for which a cyclical character is typical, is considered in detail. So, initially new technologies actively developed in the USA, Germany, Japan and other developed countries, but now these countries reduce the pace of growth of technological implementations, and the less developed countries, where the rates of digitalization are more significant. The article presents dividing countries in four categories, according to the growth of digitalization of the economy. In the world economy, the key to stability and high competitiveness in the long term should be the policy of continuous innovations, which requires from banks and other market participants to make quick and radical decisions that often affect their financial behavior and strategic line of development. Thus, the indicators of the involvement of countries in digital banking indicate that this type of banking activity is gaining momentum, and digitalization is currently the main vector of world development.


Author(s):  
Alina Lytvynenko ◽  
◽  
Elena Lytvynenko ◽  

The article discusses the key issues of achieving the goals of modernization, namely, China's interaction with the world economy. Chinese economists believe that the process of globalization cannot be stopped, but it can be radically changed and directed to the benefit of China's economy, most likely with the help of transnational corporations. The revitalization of integration processes among developing countries has been observed against the backdrop of the successful development of the Western European model of economic integration. In this way, integration first affected the sphere of production and then the sphere of mutual trade. The article substantiates the necessity and possibility of adaptation to the changing economic conditions and innovative development of business structures operating in international business and the proposal of specific schemes for their construction in accordance with the world markets requirements. Notice that, there is a change in the principles of regional integration development at the present stage. Developing countries are actively seeking to participate in integration processes, since the leading powers prefer to use territorial disputes in their foreign policy and there is a risk of potential threats from border states. For centuries, China has held the leading position in the world in terms of quality of life. However, modern China is not one of the developed countries in any of the established classifications, and therefore the current work explores the modernization theories of the economies of developing countries. The COVID-19 pandemic has had a negative impact on the entire world trade, production, trade and logistics chains have been destroyed, stock indices are declining, industrial production has been suspended, oil prices have collapsed, demand for goods is reorienting. Since China is the main trade partner of Ukraine and many Ukrainian enterprises are associated with the PRC by purchasing both goods or components for their production, it clearly will not affect our trade relations for the better.


2021 ◽  
pp. 95-116
Author(s):  
Ilya Stepanov ◽  
Karina Galimova

In the context of transition to low-carbon development, carbon price is rapidly gaining ground all over the world. Discussions on its implementation are under way in Russia as well. However, the use of carbon price as an indicator can be compounded by certain risks. In practice, to overcome them depends on the ability of carbon price designing to take into account the specifics of a country or industries where the regulation is introduced. The regulator needs to determine the specifics of carbon pricing, identify the acceptable degree of regulation and coverage of carbon price; consider the consequences for vulnerable sectors of population, companies, etc. The study aims at systematizing theory and practice of carbon pricing across various countries and regions of the world economy. Drawing on the analysis of fundamental and empirical works, the authors identify the factors that limit the effective use of carbon price; classify the key elements of carbon pricing design. Based on the analysis of international experience, the article provides recommendations on the development of a system for regulating carbon in Russia.


1992 ◽  
Vol 35 (2) ◽  
pp. 249-282 ◽  
Author(s):  
Robert Fiala

The primary goal of the present study is to use cross-national data on labor-force structure to examine the manner in which the international system shapes the character of national development, and the consequences of variation in development strategy for the growth and distribution of national income. A complementary goal is to illustrate the use of residual plots to overcome the “black box” character of cross-national studies, and thereby provide a bridge to case-study research. Multivariate analyses and residual plots provide results congruent with both world-political-economy and developmental perspectives, and indicate that the world economy may be used by lesser developed countries to obtain more rapid and equitable economic growth, although this was not a natural outcome of the world economy in the 1960s and 1970s.


2019 ◽  
Vol 8 (2S11) ◽  
pp. 3760-3763 ◽  

The article discusses the relationship between the development of fuel and energy Uzbekistan with GDP growth (gross domestic product). Data are provided on the forecast growth rates of the world economy, the average developed countries and Uzbekistan, factors for ensuring GDP growth in tandem with the efficiency of the use of fuel and energy resources. Based on the cross-country regression analysis, the model of the influence of the energy system performance index (EAPI) on GDP growth is shown.


Author(s):  
Dražen Marjanac

Socialist Federal Republic of Yugoslavia represented a community of six republics with socio-cultural, social and economical differences that increased over the decades, leading to disintegration of the state. Factors that led to the collapse of the state are numerous, such as cultural and religious differences, nationalism, structure and function of the state system, internal and external factors of disintegration, change in the world politics, different levels of economic development of the republics.The economic system of Yugoslavia was based on self-managing model, a hybrid of both capitalism and socialism, which was considered to be the most effective use of capital goods, increasing workforce productivity, distributing the income and creating a product competitive for the domestic and foreign markets. However, this system had tremendous disadvantages which in addition to the changes in the world market led to the state of recession, very high inflation, decrease in workforce productivity and competitiveness of the final products in the markets, eventually resulting in the collapse of the entire system and disintegration of Yugoslavia.


1974 ◽  
Vol 70 ◽  
pp. 23-37

The world economic position and prospects have worsened further in the last three months. In the United States and Japan, in particular, recessionary conditions are proving to be more marked and more prolonged than we had expected, and it looks as though by the end of the year all the major industrial countries, with the possible exception of France, will have experienced at least one quarter in which output has fallen or at best shown no appreciable rise. The other developed countries have fared better, but we no longer expect there to be any growth of output in the OECD area either in the second half of the year or in the year as a whole. In 1975 the position should be rather better, at least by the second half. We expect OECD countries' aggregate GNP to grow by about 2 per cent year-on-year and nearly 3 per cent between the fourth quarters of 1974 and 1975.


2021 ◽  
pp. 95-116
Author(s):  
Ilya Stepanov ◽  
Karina Galimova

In the context of transition to low-carbon development, carbon price is rapidly gaining ground all over the world. Discussions on its implementation are under way in Russia as well. However, the use of carbon price as an indicator can be compounded by certain risks. In practice, to overcome them depends on the ability of carbon price designing to take into account the specifics of a country or industries where the regulation is introduced. The regulator needs to determine the specifics of carbon pricing, identify the acceptable degree of regulation and coverage of carbon price; consider the consequences for vulnerable sectors of population, companies, etc. The study aims at systematizing theory and practice of carbon pricing across various countries and regions of the world economy. Drawing on the analysis of fundamental and empirical works, the authors identify the factors that limit the effective use of carbon price; classify the key elements of carbon pricing design. Based on the analysis of international experience, the article provides recommendations on the development of a system for regulating carbon in Russia.


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