BASIC COMPONENTS OF THE INVESTMENT CLIMATE FORMATION OF THE UKRAINIAN ECONOMY IN MODERN CONDITIONS OF GLOBALIZATION TRANSFORMATIONS

Maria VAKULYCH
Ph.D. (Economics), Associate Professor (Dnipropetrovsk State University of Internal Affairs), Ukraine
ORCID iD: orcid.org/0000-0001-6153-3554
vakulich_maria@ukr.net

Rafał LIZUT
Ph.D. hab. (Economics), Ph.D. (Philosophy), (The John Paul II Catholic University of Lublin), Poland
ORCID iD: orcid.org/0000-0002-6067-1469
k_aem@dduvs.in.ua

UDC 338.24.01

DOI 10.31733/2786-491X-2021-56-65

Keywords: globalization, economy, investment climate, estimation, sector, component, management

Abstract. The challenges facing the economies of the world in the 21-st century shape the need to adapt to changing factors of influence, conditions of competitiveness, political and legal environment in the implementation of international economic relations. On a global scale, changes are constantly occurring, however, the speed of such economic changes necessitates the introduction of innovative mechanisms, the search for strategic priorities and the creation of conditions for the creation of a state investment climate, the priority attraction of free economic resources in strategically important sectors of the economy, ensuring the effective economic model of the state economy. The priority, in the context of globalization transformations, is the need to ensure that the mechanism for managing the investment climate of the stateʼs economy through the formation of attractiveness in strategically important, priority sectors of the national economy. However, the management process is complicated by the lack of a clear understanding of its nature.

Despite the considerable amount of research, scientific papers and publications of domestic and foreign scientists, the issues of implementing a systematic approach to managing the investment climate through the priority sectors of the Ukrainian economy are topical and not fully addressed. There is a need for further practical research in this area.

References

  1. American political journal Newsweek, http://www.newsweek.com/2010/08/15/interactiveinfographic-of-the-worlds-best-countries.html.
  2. Computed results based on compiled data from Report Doing Business. Economy profile: Ukraine, http://russian.doingbusiness.org/data/exploreeconomies/~/media/giawb/doing%20business/ documents/profiles/country/UKR.pdf.
  3. Financial Markets Portal, https://ru.investing.com.
  4. Gromova, Ya. (2012) Research of prospects of innovative development of metallurgical branch of Ukraine: marketing aspect. Actual problems of economy, 10(136), 37-45.
  5. Growth of investment attractiveness. – UCAB, http: //www.agribusiness.kiev.ua.
  6. Official site of the Research center «Brookings Institution», http://www.brookings.edu/.
  7. Official Website of Journal, Economist, http://www.economist.com/.
  8. Official Website of Journal, Euromoney, http://www.euromoney.com.
  9. Official Website of Moodyʼs Investors Service, https://www.moodys.com/ Pages/atc002.aspx.
  10. Official Website of Pricewaterhouse Coopers, http://www.pwc.ru/.
  11. Official Website of Standard & Poors, http://www.standardandpoors.com/ en_US/web/guest/home.
  12. Ratings Agency Moodyʼs: Moodyʼs. http://www.moodys.com.
  13. Reznikova, O. (2014). Prospects for the development of metallurgical enterprises of Ukraine in terms of global competition. Intelligence XXI, 3, 54-63.
  14. Scientific and innovative activity in Ukraine. Statistical collection. State Statistics Service. – Kyiv, 2016, http://www.ukrstat. gov.ua/.
  15. Scientific and innovative activity in Ukraine. Statistical collection. State Statistics Service. – Kyiv, 2015, http://www.ukrstat. gov.ua/.
  16. Statistical Yearbook of Ukraine for 2015. State Statistics Service. – Kyiv, 2016, http://www.ukrstat. gov.ua/.
  17. Vakulich, М. Factor model of investment climate monitoring in chaotically structured economy. Journal of Finance and Accounting. Special Issue: Synergy of Accounting, Finance and Management in Chaotic Environment, 2(1), 31-36, (2014).
  18. Worldsteel Association, http://www.worldsteel.org.