Abstract
The main objective of this study is to examine trends and prospects of investment activity in Ukraine. This paper investigates the term “investment” and considers the role and importance of investment in social and economic development of the state. Based on the data provided by the State Statistics Service of Ukraine, the current state of foreign investment promotion to Ukraine has been analyzed. The growth rate of the investment climate in Ukraine has been distinguished. It has been defined that it is impossible to reach sustainable economic growth and overcome the consequences of the financial crisis without the injection of investment into both individual sectors of the national economy and the economy of entire regions. The article examines the dynamics of investment attraction into the regions’ economy and defines sources of such investment. As a result of the research, investment activity of regions has been outlined. Investment efficiency of regions has been assessed. Based on the findings, suggestions to improve the investment climate in Ukraine and increase regions activity have been offered. Model for investment attractiveness assessment, which takes into account availability and sufficiency of own financial resources, that define the level of region’s financial health, has been suggested.
Highlights
Modern mechanisms for the development of economic systems influenced by the market transformations dictate the need for reforming of existing approaches to the provision of financial resources of the state
Model for investment attractiveness assessment, which takes into account availability and sufficiency of own financial resources, that define the level of region’s financial health, has been suggested
The level of direct investment is considered to be an indicator of investment activity of any state
Summary
Modern mechanisms for the development of economic systems influenced by the market transformations dictate the need for reforming of existing approaches to the provision of financial resources of the state. Unstable economic and political situation in Ukraine, exacerbated by the negative consequences of the global financial crisis, necessitates closer attention of the country’s leadership to the processes of economic growth stabilization. Since Ukraine has chosen the way of European integration, an urgent need has arisen for the adapting of innovative development model that would ensure the economic growth of the country, increase its potential and economic security, and allow resolving existing problems of social protection of the population. Under the conditions of today, the process of effective management system development, investment activities regulation, as well as the activation of an investment mechanism aimed at developing strategic and priority sectors of the economy are of key importance
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
