Abstract
The article considers the features of the automobile transport development, which is an integral part of the national economy. The main aspects of financial and economic development of the national transport system are highlighted. The expediency of development and introduction of a qualitatively new organizational and management model of passenger transportation by motor transport in Ukraine is substantiated. In the course of the research, the amount of direct foreign investments in the development of the Ukrainian transport system is analyzed. This made possible to assert that in order to intensify investment activity in the automobile transport development it is necessary to improve the legislation, create a favorable institutional environment, increase social and economic well–being of the county’s population, develop and implement a system of guarantees for investors from possible risks, stimulate innovation activity.
Highlights
The harmonious development of the transport system, which satisfies the transport needs of society, and directly affects its social and economic well–being is one of the most important factors in the efficient growth of the national economy [1]
According to expert estimates, the total amount of passenger transport by road constantly increased in the range of 9–15 % in Ukraine, five to six years ago the subsequent economic and political crises negatively affected the development of this industry, causing losses of at least 20% in passenger transportation volumes [2, p. 80]
Experts point out that the sector of the Ukrainian transport system generally satisfies the needs of the society in passenger transportation today, but the structure of vehicles is imperfect and does not correspond to technological and environmental characteristics
Summary
The harmonious development of the transport system, which satisfies the transport needs of society, and directly affects its social and economic well–being is one of the most important factors in the efficient growth of the national economy [1]. The main directions of investments for the development of Ukrainian motor transport should be road infrastructure (construction of new and major repairs of existing highways), implementation of the national organizational and managerial model for passenger transport, the actual production of vehicles, in particular, for passenger transportation, innovative activity (implementation of new scientific and technical projects), technological re–equipment of motor transport enterprises (Fig. 4, 5)
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: Financial and credit activity problems of theory and practice
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.