Problems and perspectives for attracting investments in economy of Ukraine

Author:

Bogatyrev Ivan1ORCID,Topchiy Vasyl2ORCID,Koropatnik Igor3ORCID,Kotliarenko Oleksandr4ORCID,Kofanov Andrii5ORCID

Affiliation:

1. Doctor of Law, Professor, University of the State Fiscal Service of Ukraine, Honoured Worker of Science and Technology of Ukraine

2. Doctor of Law, Professor, University of the State Fiscal Service of Ukraine, Merited Lawyer of Ukraine

3. Doctor of Law, Associate Professor, Kyiv National University named after Taras Shevchenko

4. Ph.D. Candidate (Law), National Defense University of Ukraine named after Ivan Chernyakhovsky

5. Ph.D. Candidate (Law), Associate Professor, Legal Advisor to the Council of Europe Programme “Decentralization and Territorial Consolidation in Ukraine”, National Academy of Internal Affairs

Abstract

The purpose of the article is to study the current problems of investment processes in the conditions of transformation of the Ukrainian economy. The relevance of the research was due to significant changes in political, economic and social processes of Ukraine. The research was conducted using general scientific and special methods and methods of research, such as theoretical analysis and synthesis, methods of grouping, modeling, comparison, as well as methods of systematization and scientific synthesis, in particular on materials: Ministry of Economic Development and Trade of Ukraine, research conducted by the Doing Business Group of the World Bank, rating of Moody’s Investors Service, rating of Global Competitiveness Index 2017/2018 and of European Business Association. The most actual factors of influence of political, economic, criminal and legislative processes on investment potential of Ukraine were analyzed. It was defined that the economic of Ukraine is characterized by the deficiency of capital, progressive technologies, mutual integration of scientific and industrial spheres, developed management and high-tech production and the recommendations to create favorable conditions for investment were made. Positive changes were noted in creating a legal framework for the promotion, protection of investments and intensification of investment activity in Ukraine.

Publisher

LLC CPC Business Perspectives

Subject

Strategy and Management,Economics and Econometrics,Finance,Business and International Management

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4. European Securities and Markets Authority (ESMA) (2018). Trends, Risks and Vulnerabilities (Report No. 2) (112 p.). - https://www.esma.europa.eu/sites/default/files/library/esma_50-165-632_report_on_trends_risks_and_vulnerabilities_no.2_2018.pdf

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