Economy, finances, management: topical issues of science and practical activity

SCIENTIFIC JOURNALS OF VINNITSA NATIONAL AGRARIAN UNIVERSITY

Issue №: 3 (53)

Published: 2020.10.05

DOI: 10.37128/2411-4413-2020-3

Description:
The journal deals with the issues of efficiency of functioning of the national economics and organizational forms of management of the national economy. Attention is paid to the problems of marketing, management and efficiency of production and economic activity of agrarian enterprises. The issues of public administration and administration, accounting and taxation, banking and insurance, forecasting and modeling of economic processes, foreign economic activity, commodity flows of economic entities and their infrastructure support.

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WAYS TO INCREASE THE INTERNATIONAL INVESTMENT ATTRACTIVENESS OF UKRAINE

DOI: 10.37128/2411-4413-2020-3-9

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KHAIETSKA Olha – Candidate of Economic Sciences, Associate Professor of Economics Department, Head of the Department of Economics, Vinnytsia National Agrarian University (21008, Vinnytsia, 3, Soniachna str., e-mail: haetska@ivsau.vin.ua).

Annotation

The article describes the essence of investment, which is a key factor in economic development, highlights the current state of investment attractiveness of Ukraine. Attracting long-term international investments, their promotion is one of the priorities of economic policy. In the economy of Ukraine, there is a problem of lack of investment resources and lack of favorable conditions for their accumulation, imperfect assessment of the internal potential of national savings, the capacity of financial institutions for investment transformation of resources, features of investment regulation in changing economic relations.

The general principles of investment policy and the main components of investment attractiveness are proposed, thanks to which a stable inflow of investments into the country is ensured.

The course of modern political processes, goals and priorities for improving the investment climate in Ukraine, which negatively affect the international investment attractiveness, has been established.

The dynamics of foreign direct investment in Ukraine, their structure by type of economic activity and the distribution of direct investment by investor countries are presented and analyzed. It was revealed that in 2019 the Ukrainian economy received investments from Cyprus, the Netherlands, Switzerland, Germany, and promising industries for international investment are agriculture, industry, energy, wholesale and retail trade, information technology and infrastructure, financial corporations. and insurance activities.

A number of indices are proposed that determine the investment attractiveness of countries, investment confidence. The rating of investment attractiveness of Doing business-2020 is substantiated, where Ukraine has improved its positions compared to last year.

Keywords: foreign investment, investment attractiveness, investment activity, foreign direct investment, portfolio investment, index of investment attractiveness of countries.

List of references

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2. Verbitska, I.I. (2018). Investytsiina pryvablyvist ukrainy: problemy ta perspektyvy [Investment attractiveness of Ukraine: problems and prospect] Economics and management of the national economy - Economics and management of the national economy, 22, 150-154 [in Ukrainian].

3. Heiets, V.M. (2015) Podolannia kvazirynkovosti – shliakh do investytsiino oriientovanoi modeli ekonomichnoho zrostannia [Overcoming quasi-marketing is the way to an investment-oriented model of economic growth] Ukraine economy - Ukraine economy, 6, 4-17. URL: http://nbuv.gov.ua/UJRN/EkUk__6_2

4. Hrytsaienko, H., Hrytsaienko, M. (2017). Investytsiina pryvablyvist Ukrainy [Investment attractiveness of Ukraine] [Agricultural and resource economics]. Vol. 3, 1, 80–93 [in Ukrainian].

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7. Zadoia A. (2018) Mizhnarodna investytsiina diialnist [International Investment Activity] International Investment Activity: textbook, Dnipro: Universytet imeni Alfreda Nobelia, 122 .

8. Zadoia A.O. (2018). Mizhnarodni reitynhy ta priami inozemni investytsii . [International ratings and foreign direct investment] Academic review - Academic review, 1 (48), 73-79 [in Ukrainian].

9. Indeks investytsiinoi pryvablyvosti Ukrainy vpav vpershe za kilka rokiv [Ukraine's investment attractiveness index fell for the first time in several years] Retrieved from https://www.ukrinform.ua/rubric-economy/2805261-rejting-doing-business-so-robiti-sob-naresti-obignati-bilorus.html (data zvernennia: 01.10.2020) [in Ukrainian].

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13. Reitynh stran myra po urovniu priamыkh ynostrannыkh ynvestytsyi [Ranking of countries in the world by the level of foreign direct investment] Retrieved from https://gtmarket.ru/ratings/foreign-direct-investment-index (data zvernennia: 01.10.2020) [in Ukrainian].

14. Skilky inozemnykh investytsii nadiishlo do Ukrainy u 2020 rotsi [How much foreign investment came to Ukraine in 2020] Retrieved from https://www.slovoidilo.ua/2020/09/04/infografika/finansy/skilky-inozemnyx-investyczij-nadijshlo-ukrayiny-2020-roczi (data zvernennia: 01.10.2020) [in Ukrainian].

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16. Shtepenko, K. P. and Zaburaeva, O. Yu. (2019), Analysis of direct foreign investments in the economy of Ukraine and the precipitations of necessity of their attraction [Analysis of foreign direct investment in the economy of Ukraine and the preconditions for the need to attract them] Efektyvna ekonomika - Efficient economy, 5, Retrieved from http://www.economy.nayka.com.ua/?op=1&z=7040 (data zvernennia: 01.10.2020) [in Ukrainian].

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18. Moodys povыsylo kredytnыi reitynh Ukraynы [Moody’s upgraded Ukraine’s credit rating] Retrieved from https://korrespondent.net/business/economics/3880459-Moodys-povysylo-kredytnyi-reitynh-ukrayny [in Ukrainian].

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About the journal

Topics of the journal:

С1 Economics and International Economic Relations (by specialization)

D1 Accounting and Taxation

D2 Finance, Banking, Insurance and Stock Market

D3 Management

D4 Public Management and Administration

D5 Marketing

D7 Trade

J3 Tourism and Recreation

Keywords: economics , international economic relations , accounting , taxation , finance , banking , insurance , stock market , management , public management and administration , marketing , trade , tourism and recreation

Key information:

ISSN (print): 2411-4413

DOI: 10.37128

All-Ukrainian scientific and production journal “Economics, finance, management: topical issues of science and practical activity” is a peer-reviewed open-access journal that publishes original research, theoretical articles and reviews on a wide range of economic and business issues. The articles, which have scientific and scientific-practical significance, highlight theoretical and methodological aspects of the development of agrarian sector of economy and related industries, the results of fundamental and applied research.

The purpose of the journal is to highlight the results of fundamental and applied research in the field of economic sciences, aimed at developing modern approaches to managing economic processes, financial support for enterprise activities and increasing the efficiency of economic systems. The publication is focused on creating a scientific environment for the exchange of research results between scientists, higher education students and practitioners in economic sphere, as well as on the dissemination of modern scientific and methodological approaches to solving current economic and management problems. The journal contributes to the development of the research in the field of enterprise economics, finance, accounting, auditing, management, marketing, entrepreneurship, trade, tourism and recreation, public management and administration, economic development and international economic relations, which meets the modern needs of the socio-economic development of the state.

The journal’s objectives are:

• publishing the results of fundamental and applied research in the fields of economics, international economic relations, finance, management, public administration, accounting, marketing, tourism and recreation, and entrepreneurship;

• promoting the development of modern methods of managing enterprises and organizations, increasing the efficiency of using financial and material resources;

• supporting the research aimed at improving the economic mechanisms of enterprise functioning, developing innovative activity, and increasing the competitiveness of economic structures;

• ensuring the scientific exchange of research results between higher education institutions, scientific institutions, and business entities;

• developing methods of economic analysis, forecasting, and modeling of socio-economic processes;

• disseminating of modern approaches to financial management, accounting, taxation, and control of economic activity;

• promoting the development of interdisciplinary research related to the economic support of the development of agrarian sector of economy and rural areas;

• integration of scientific research results into the international scientific space and increasing the level of scientific communication.

Publisher: Vinnytsia National Agrarian University

Link to the journal on the publisher’s website: ”Economics, finance, management: topical issues of science and practical activity”

Frequency of issue: 4 times a year.

Language of publication: Ukrainian, English.

Editor-in-Chief: Inna Honcharuk

State registration: Decision of the National Council of Ukraine on Television and Radio Broadcasting No. 1337 and No. 1178. Media identifier – R30-05171. Publisher registration number (EDRPOU) 00497236.

Publisher’s ROR: https://ror.org/05m3ysc06 Publisher’s DOI prefix: 10.37128 ISSN (print): 2411-4413

Publisher DOI prefix: 10.37128 ISSN (print): 2411-4413

The scientific journal is included in category "B" of the List of scientific professional publications of Ukraine, in which the results of dissertations for the degree of Doctor and Candidate of Sciences in the specialties C1 (051) - Economics, D1 (071) - Accounting and Taxation, D2 (072) – Finance, Banking, Insurance and Stock Market, D3 (073) – Management, D5 (075) – Marketing, D7 (076) – Entrepreneurship and Trade, (241) – Hotel and Restaurant Business, D4 (281) – Public Management and Administration (Order of the Ministry of Education and Science of Ukraine dated March 17, 2020 №409)

History of journal:

Founded in 1997 under the name ”Bulletin of Vinnytsia State Agricultural Institute”. In 2010-2014 it was published under the name “Collection of Scientific Papers of Vinnytsia National Agrarian University”. Since 2015 “Economics, finance, management: current issues of science and practical activity” (Certificate of State Registration of Mass Media No. 21154-10954 PR dated 12/31/2014).