THE CURRENT STATE OF INVESTMENT SECURITY IN UKRAINE IN THE CONTEXT OF COVID-19 AND ITS IMPACT ON THE FINANCIAL AND ECONOMIC SITUATION OF THE STATE

Author:

Bobrovska О.ORCID,Lysachok A.ORCID,Kravchenko T.ORCID,Akimova L.ORCID,Akimov O.ORCID

Abstract

Ensuring stable economic development of the country is the main task of state authorities. Investment security is an important component of economic security, plays an important role during the sustainable development of the country’s economy. Modern globalization processes play an important role during the development of the system for the formation and protection of investment security. In addition, the emergence of the COVID-19 pandemic has led to the identification of new negative factors, endogenous and exogenous changes, which have made significant adjustments to the development of a stable economy in the country. To combat this pandemic, a state of emergency was introduced, it concerned either an entire country or a separate region or a separate sphere. The countries of the world, for their part, introduced sanitary and epidemiological measures to avoid the spread of the disease. The rapid introduction of these measures, as well as the development and implementation of steps that dealt with mitigating the consequences of the pandemic, caused a slowdown in economic development not only in the countries of the world, but also in Ukraine. The main factor in determining the level of investment security can be a study of the state of the investment climate in the country. The pandemic significantly affected the stability of the economy, in particular, created a negative field for ensuring investment security. Investments, being a long-term «feeding» of the economy, is not only a key condition for modernizing the national economy, but also the main factor of its economic security. The «safe» properties of investments are determined by the ability to make capital investments and production savings at a level that guarantees sufficient rates of expanded reproduction, technological re-equipment and economic restructuring, directly increases the potential for protecting economic interests from threats of various approaches. GDP. Assessment of the current level of investment made it possible to determine the adequacy of the provision of the Ukrainian economy with investments, is an indicator of the country’s investment security.

Publisher

University of Banking of National Bank of Ukraine (Kyiv)

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