The theoretical basis of the foreign investments essence research in the world economy system

Abstract

The article presents the results of the research of theoretical basis for determining the foreign investment essence in the world economy. The purpose of the work is to generalize theoretical approaches to the research of the foreign investment essence in the world economy. The following scientific methods are used in the research: the dialectics of general, special and individual; historical and logical method (within the research of the evolution of theoretical approaches to the definition of the essence of investment); the method of scientific abstraction, analysis and synthesis (to justify the economic essence of foreign investment and determine its nature); method of analysis of regional and global dimension; the method of systematic generalization (in the research of the impact of foreign investment on host countries and on their economic growth). In the course of the research, it has been proven that at present, there is no consensus among economists about the definition of the foreign investment economic essence. In the paper, the theoretical approaches to the definition of the foreign investment essence in the world economy are systematized, as well as the distinctive features of the emerging market approach to the investments essence understanding are formulated, in particular: a) linking of investments and receiving income, acting as a reason for the implementation of investment activity; b) consideration of investments in the interconnection of two aspects: resources (capital values) and investments (expenses); c) analysis of investments in dynamics, which allows to combine resources, investments, on the one hand, and, on the other hand, the return on investment as a motive of this association; d) the inclusion of any investments objects that give an economic or other beneficial effect in the structure. Over the course of the research, the concept-categorical apparatus is improved by providing the author's interpretation of the term "foreign investment". The author defines the influence of foreign investments on the country's economic growth in the world economy system, the positive and negative consequences of the foreign capital presence in the national economy of the country are substantiated.