Please use this identifier to cite or link to this item: http://essuir.sumdu.edu.ua/handle/123456789/65649
Or use following links to share this resource in social networks: Recommend this item
Title Проблеми залучення та використання міжнародних інвестицій в економіці України
Other Titles Problems of attraction and use of international investments in Ukraine economy
Проблемы привлечения и использования международных инвестиций в экономике Украины
Authors Мельник, Т.М.
Касянок, К.Г.
ORCID
Keywords іноземні інвестиції
иностранные инвестиции
foreign investment
міжнародна інвестиційна позиція
международная инвестиционная позиция
international investment position
заощадження
сбережения
savings
джерела інвестицій
источники инвестиций
investment sources
економічне зростання
экономический рост
economic growth
фондовий ринок
фондовый рынок
stock market
Type Article
Date of Issue 2017
URI http://essuir.sumdu.edu.ua/handle/123456789/65649
Publisher Сумський державний університет
License
Citation Мельник, Т.М. Проблеми залучення та використання міжнародних інвестицій в економіці України [Текст] / Т.М. Мельник, К.Г. Касянок // Маркетинг і менеджмент інновацій. – 2017. – № 1. – С. 253-270. – DOI: 10.21272/mmi.2017.1-23.
Abstract У статті визначено основні чинники, що перешкоджають залученню та ефективному використанню іноземних інвестицій у національній економіці. Здійснено регресійний аналіз з метою дослідження впливу інтернальних та екстернальних чинників на зміну показника міжнародної інвестиційної позиції. Надано практичні рекомендації щодо протидії негативному впливу чинників на міжнародну інвестиційну позицію, запропоновано заходи для активізації залучення та підвищення ефективності використання іноземних інвестицій.
В статье определены основные факторы, препятствующие привлечению и эффективному использованию иностранных инвестиций в национальной экономике. Проведен регрессионный анализ для исследования влияния интернальних и экстернальных факторов на изменение показателя международной инвестиционной позиции. Даны практические рекомендации по противодействию негативному влиянию факторов на международную инвестиционную позицию, предложены меры по активизации привлечения и повышения эффективности использования иностранных инвестиций.
The aim of the article. In modern conditions Ukraine, likewise to the majority of developing countries is not able to provide social and economic development by their own financial resources and needs foreign capital inflows. Respectively, the purpose of this article is to determine the main factors that affect the attraction of foreign direct investments and their effective use in the national economy and develop a model to assess their impact on the FDI volume. The results of the analysis. By empirically examining, having built a mathematical model in the form of linear regression, it was found a significant correlation between the net international investment position and internal and external factors of the national economy. Furthermore, internal factors play key role in the fluctuation of the FDI amount attracted to the Ukraine's economy in the studied period (2000-2014 years). This fact expands the range of instruments of state regulation and creation a competitive market environment for attracting foreign investments. To study the nature of internal and external factors impact, and, hence, to identify areas of state influence on attracting foreign investment, there were examined determinants of independent variables in the regression model. Taking into account the statistical data and experts opinions, we can surmise that the main restraining factor for FDI attraction is not the war in the East and social tension in the whole country, however economic factors: the lack of development of private property institution and stock market; washout of capital and profits from domestic companies in favor of the related foreign companies; high interest rates on loans, etc. All of this points to the fact that in the current circumstances first and foremost, it is advisable to strengthen protection of private property in Ukraine. According to the experience of leading countries, government should provide adequate compensation to foreign investors in case of nationalization of assets and continue to reform the government branches, especially the judiciary and law enforcement in terms of fighting corruption and power abusing. Secondly, in the area of fiscal management public administration should be focused on transparency and simplicity of the tax basis calculation, taking into consideration experience of countries with the most favorable in the world tax systems for doing business. Thirdly, it is necessary to develop national stock market in order to both: effectively reallocate national income among different sectors of the economy, and to attract additional financial resources from the world capital markets. Conclusions and directions of further researches. All in all, it is clear, that current economic situation in the country requires that the suggested measures are to be implemented systematically, comprehensively and as soon as possible, in order not to let business to adapt to new conditions and develop new schemes to come over the laws.
Appears in Collections: Маркетинг і менеджмент інновацій (Marketing and Management of Innovations)

Views

Australia Australia
1
Belgium Belgium
1
Germany Germany
15061735
Greece Greece
31592
Ireland Ireland
1169222
Japan Japan
2
Lithuania Lithuania
1
Netherlands Netherlands
3965
Romania Romania
2
Turkey Turkey
1
Ukraine Ukraine
51003740
United Kingdom United Kingdom
25509768
United States United States
435965006
Unknown Country Unknown Country
51003739

Downloads

Germany Germany
31590
India India
1
Japan Japan
1
Lithuania Lithuania
1
Luxembourg Luxembourg
1
Romania Romania
2
Turkey Turkey
1
Ukraine Ukraine
148397471
United Kingdom United Kingdom
148397470
United States United States
579748776
Unknown Country Unknown Country
70

Files

File Size Format Downloads
Melnyk_Kasianok_mizhnarodni_investytsii_MMI_2017_1.pdf 349.3 kB Adobe PDF 876575384

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.