Abstract

The country's investment attractiveness is one of the determining factors in attracting investment into the economy. The study emphasizes the relevance of research in this area. The article considers the dynamics of foreign direct investment in Ukraine's economy as one of the determining indicators of investment attractiveness. The place of Ukraine in the "pandemic" period in the rankings of various world institutions whose activities are related to research in the field of investment is analyzed. Low ratings of Ukraine are established, the factors which have caused such results are defined. Despite the generally negative impact of the Covid-19 pandemic on the socio-economic system of the country, it was concluded that in such conditions, certain industries, including agriculture, construction, IT industry, transport, and logistics, have received prospects for their development. The article identifies positive trends in the institutional sphere, in particular, the adoption of a number of important bills that will facilitate business in Ukraine, resume cooperation with the International Monetary Fund, adoption of economic development programs, including the National Economic Strategy until 2030. This will stimulate investment in Ukraine's economy.

Highlights

  • Integration and globalization taking place in the world economic system determine the exceptional importance of investment for the development of domestic enterprises, being one of the most important factors in their sustainable economic growth and competitiveness

  • Analysis of the previous studies allows us to conclude that the volume of foreign direct investment is one of the main indicators of the country's investment attractiveness

  • In 2020, for the first time, there was a negative balance of foreign direct investment, which is the result of exceeding their outflow over revenues

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Summary

14 December 2021

TRENDS IN UKRAINE'S INVESTMENT ATTRACTIVENESS IN THE CONTEXT OF THE COVID-19 PANDEMIC. Hryhoruk Pavlo, Doctor in Economic Sciences, Professor, Head of Department, Department of Automated Systems and Modeling in Economics, Khmelnytskyi National University, Ukraine, ORCID ID: http://orcid.org/0000-0002-2732-5038 Valkova Olena, Student, Faculty of Economics and Management, Khmelnytskyi National University, Ukraine, ORCID ID: https://orcid.org/0000-0002-0494-7731. KEYWORDS investment attractiveness, investment climate, investment, foreign direct investment, ranking

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