The public investment policy in the system of factors of economic development of Ukraine (original) (raw)

International experience of the public investment policy and possibility of its use in Ukraine

Public management

Annotation. The article examines the experience of the state investment policy in different countries of the world. The distinctive features of the state investment policy of foreign countries are presented. The ways of using the experience of the state investment policy of the countries of the world to improve the state investment policy in Ukraine are offered. The urgency of considering the generalization of international experience in the direction of the formation of the state investment policy and the possibility of its use in Ukraine through the implementation of the reform of economic processes in accordance with European standards is noted. Based on the experience of countries such as the USA,

Mechanisms of state regulation of investment and innovation processes in Ukraine

Expert: paradigm of law and public administration, 2018

The article deals with the mechanisms of state regulation of investment and innovation processes in Ukraine. The state of capital investment financing is analyzed. Steps are taken to improve the mechanisms of state regulation of investment and innovation processes in Ukraine. The investment and innovation industry is considered as a very important component in the development process of any state, which is still not able to effectively develop independently without effective regulatory mechanisms, therefore, a significant role is played by public levers, which should provide enough opportunities for the implementation of innovative and investment processes. It is noted that direct state influence on investment and innovation processes in Ukraine is manifested in the organization of certain activities with the definition of strategic objectives and priorities, the development of well-thought-out fundamentals of investment and innovation policy, the introduction of government programs with the necessary funding, etc. Investment and innovation processes in the regions are based on the coordination of interests and the joint efforts of such entities as the state, the region and the investor. The implementation of the mechanism of state regulation of investment activity in Ukraine was determined by providing financial assistance in the form of grants, subsidies, subventions, budget loans for the development of individual regions, industries, the creation of state norms and standards, pricing policies, and measures to develop and protect economic competition, destatization and privatization of property, the definition of conditions for the use of land, water and other natural resources, government examination of investment projects, and others. The necessity of using this form of state regulation, which allows combining the interests of all participants in the investment process for the effective achievement of goals and objectives set by the state in the regulation of investment and innovation processes, was noted. It was concluded that investment and innovation activity is an important area in the development of any country and Ukraine is no exception, in our country steps are being taken to improve the investment climate, they should be more activated and the institutional conditions for the implementation of investment and innovation projects improved.

Trends and Priorities of International Investment in the Economy of Ukraine

Scientific Journal of Polonia University, 2016

The trends and priorities of international investment in Ukraine's economy have been identified. The basic directions of enhancing the inflow of foreign capital in Ukraine have been analyzed. The strategic ways of attracting and effectively using foreign investment for the economic development of Ukraine have been proposed.

Public Management of Public Investment Projects in Ukraine under Conditions of European Integration

Proceedings of the 6th International Conference on Strategies, Models and Technologies of Economic Systems Management (SMTESM 2019), 2019

The article deals with the system of public investment projects management existing in Ukraine. The authors state its actual tasks concerning realization of EU-Ukraine Association Agreement. An estimation of quantitative parameters of public investment in terms of promotion of economic growth is carried out and its forms are determined. This made it possible to conclude on unwarranted plurality of the public investment projects' organizational forms in Ukraine which led to weak transparency and accountability in their realization. The article highlights the formation of the institutional framework for public management of public investment projectsthe legal base, responsible authority, methodological recommendations, and the creation of projects' pipeline. The authors analyze the activity of the recently set up Interdepartmental Commission on State Investment Projects. The weaknesses of public investment management in Ukraine are identified: imperfect procedure for initiating, appraisal and selecting public projects; lack of a single information system; insufficient control over the implementation of investment projects; lack of guarantees of their sufficient financing. The possibilities of the improvement of public investment management are considered in the light of the European integration orientation of the state development. Among them there are: setting of the adequate fiscal rules, clear definition of the PIP priorities, increasing the share of government investments that are managed as projects, setting of clear criteria and introducing of independent expertise of PIP' selection, strengthening institutional capacity of government agencies etc.

Systemic and Structural Characteristics of Investment Activity in Ukraine

Three Seas Economic Journal

Investment activity is an important component of the financial and economic mechanism of the national economy. In the socio-economic turbulence inherent in Ukraine, significant challenges for the development of the state and its national economy, the role of investment activity in supporting socio-economic development at both the micro and macro levels is growing significantly. In this context, special attention is paid to the main characteristics of investment activity, and the subject of study is revealed in its systemic and structural features. The purpose of the article is to determine the systemic and structural aspects of investment activity in Ukraine, taking into account the influence of exogenous and endogenous drivers both at the level of enterprises and the state. The methodology used in this article consists of a systemic and structural analysis of investment activity in Ukraine, including the study of key components and factors, comparative analysis with other regions, ...

Research on investment and innovation activity in Ukraine: trends and problems. Monograph

«Vydavnychyj Dim «Personal» Subsidiary enterprise, Kyiv, 2018

In the monograph the theoretical identification of concepts and categorical series of state regulation of investment-innovation processes are investigated; the directions of optimization of the state policy of innovation and investment development management in Ukraine are determined; the organizational and legal principles of the state regulation of the development of the intellectual potential of the population are substantiated; the areas of development and improvement of the national innovation system as an object of state policy are highlighted and assessed. The monograph will be interesting for scholars, lecturers, doctoral and graduate students, and will also be useful to practical politicians, journalists and media workers and a wide range of readers interested in investment and innovation activities.

ANALYSIS OF THE STATE OF LEGAL REGULATION OF INVESTMENT ACTIVITY IN UKRAINE

The research is devoted to the study of the state of legal regulation of investment activity in Ukraine. The author analyzed the current investment legislation and pointed out the existing problems in the legal regulation of investment activity. It is established that the investment legislation of Ukraine needs to be improved according to the current state of investment activity.

Formation of the investment environment in Ukraine in the context of European integration: an example of Poland

Investment Management and Financial Innovations, 2018

In the period of Ukraine’s integration into the European economic space, one of the basic conditions for achieving compliance with the European community requirements is the formation of favorable investment environment. In view of this, the aim of the article is to analyze the economic preconditions for the unification and adaptation of the investment mechanism in the period of Ukraine’s integration into the economic euro area, and to develop recommendations for unification of institutional support for the formation of the investment environment in Ukraine. In the course of the study, the system approach and the method of system analysis and synthesis are the basis. Based on the analysis of the activities in Poland, it is outlined that the conditions for their achievement of high rating indicators are the legally regulated mechanism for promoting investment, which includes relevant institutions, low tax rates, transparency and ease of doing business. The comparison made on this bas...