Attraction Of Foreign Investment Research Articles

The impact of political parties on foreign direct investment within Mexico

Today we can identify a variety of political and economic systems in the world. A free market economic system is more likely to work if it is based on a democratic political system. According to the Democracy Index 2021, Mexico went from being an imperfect democracy to a hybrid regime, with the risk of becoming an authoritarian regime. The transition from a political system of imperfect democracy to a hybrid regime represents a great risk for domestic and foreign private investment. There is a latent political risk for investors in this type of countries, which scares away foreign direct investment. This research presents an analysis of the behavior of foreign direct investment in Mexico from 2000 to 2021 by state and political party. The results from a point biserial correlation test prove the existence of a dependence between the attraction of foreign investment and the political party in government. Mexico attracted lower capital inflows since the presence of MORENA, actual political party that is in both, the federal and some state governments. Descriptive statistics show that in most of the matches there is a dependence and also a correlation, however it is prudent to study the direction of this relationship and the strength. The findings are based on an analysis of three years of government of the MORENA political party; therefore, a longer period could be considered for future research.

АНАЛІЗ ПЕРСПЕКТИВ ФУНКЦІОНУВАННЯ ПІДПРИЄМСТВ З ІНОЗЕМНИМИ ІНВЕСТИЦІЯМИ В УКРАЇНІ

Formulation of the problem. The post-war recovery of Ukraine requires attracting foreign investment. Attracting foreign direct investments will make it possible to ensure capital investments, annual direct contributions to the economy, new jobs, exports, acquisition of new skills and technologies, innovativeness of economic sectors. The aim of the research is to analyze modern prospects for the development of the process of foreign investment and the functioning of enterprises with foreign investments in Ukraine. The оbject of the research is theoretical and practical approaches to the attraction of foreign investments and the functioning of enterprises with foreign investments in Ukraine. The methods of the research: logical method, method of comparison, methods of induction and deduction, analysis and synthesis, system analysis, correlation analysis. The hypothesis of the research. The volume of foreign investment is directly proportional to the volume of GDP, expenditure on education and labor force and inversely proportional to the income inequality level and unemployment level. The statement of basic materials. Correlation coefficients between the volume of foreign investment and the factors affecting this volume have been determined, which will allow influencing specific key indicators that most stimulate the inflow of foreign investment. The mechanism for attracting foreign investments is presented, covering strategic, intermediate and current goals, a list of forms, methods, objects and tools of influence. The practical significance of the research. The practical implementation of the proposed measures will make it possible to intensify the attraction of foreign investments in Ukrainian enterprises. Conclusions and perspectives of further research. The problem of attracting investments into the economy of Ukraine is related to the lack of motivation to invest, insufficient accumulation of resources by the main groups of investors, a wide outflow of capital abroad, etc. Unfavorable investment climate caused by military actions, occupation of territories and destruction of infrastructure, migration of experienced specialists abroad, extremely unstable economic situation in the country, slowdown of economic reforms, high level of corporate taxation, instability of legislation, corruption, low purchasing power of the population, low predictability of junctures of commodity and raw material markets, significant price fluctuations; imperfection of ownership and shareholding relations, becomes the main obstacle in attracting investments. However, there are undoubtedly attractive factors for investing in Ukraine's economy, including the attractive geographical position determined by the country's location in the center of Europe at the crossroads of trade routes, the presence of an educated workforce, as Ukraine has a very high intellectual and professional level of manufacturers. Also, labor is cheap. Ukraine has favorable conditions for the introduction of high technologies, which is facilitated by the presence of performers with a high intellectual level. Also, relatively cheap raw materials and energy resources, which contributes to the low cost of manufactured goods. The obtained results showed a high dependence between the amount of FDI and the level of GDP in the country (correlation coefficient is 0.82), and a direct interdependence was revealed, which means that with the growth of GDP, the amount of foreign investment will increase, which is logical, because with the growth of GDP, the country is investment attractive for a foreign investor. The high correlation between the volume of foreign investment and the availability of labor in the country (correlation coefficient is 0.79) means that the availability of labor, including skilled labor, is extremely important for the investor (this is also evidenced by the interdependence between FDI and state spending on education in the country ), since the ease of hiring employees and their productivity depend on it.

Cybersecurity in international commercial arbitration (Legal vision)

Attracting foreign investment requires assurances from states to safeguard against infringements and losses. Arbitration serves as a crucial factor in enticing investors. However, for arbitration to be effective, ensuring information security is imperative. Maintaining confidentiality and preventing disclosure are vital, yet they pose challenges. International experiences indicate that companies might accept unjust settlements to prevent revealing their trade secrets. To tackle these obstacles, various arbitration bodies have endeavored to establish legal mechanisms for ensuring information security. This involves targeting individuals involved in arbitration proceedings and enhancing technical infrastructure. For instance, the International Council for Arbitration (ICCA), in collaboration with the New York State Bar Association (NYSBA) and the International Institute for Conflict Prevention and Resolution (CPR), devised an Electronic Security Protocol for Commercial Arbitration. These initiatives aim to shield participants in international commercial arbitration from the risks of divulging sensitive information due to breaches in information security. The protocol offers a framework of guidelines for arbitrators and parties on safeguarding confidential information throughout the arbitration process. It encompasses aspects like confidentiality agreements, data protection, access control, security measures for electronic devices and data, and procedures for handling incidents. By adhering to these guidelines, arbitrators and parties can uphold the protection of confidential information, thus ensuring that international commercial arbitration remains a secure platform for dispute resolution.

The Adequacy of Jordanian Legislation in Protecting the Trademark to Attract Foreign Investments

Aim: This study aims to explain the entity of a trademark, its commercial trademark standards and judicial applications involved, the effect of trademark protection on attraction of foreign investments, aspects of trademark which attracts foreign investments within Jordanian and international legislations and the position of Jordanian law towards the famous and infamous trademark in protection without distinction. Implications: The trademark has become the center of attention to all countries including Jordan, and due to expansion in its use among products and services, countries and governments including Jordan decided to form legislations and laws organizing this purpose which guarantee the rights of all to attract foreign investments, taking into consideration the rapid technological development which influences expansion of the trademark and attraction of foreign investments, as this study shows the legal framework of the trademark and legal protection to it. Method: The researcher adopted the descriptive analytical method in the study to achieve the desired goals through the use of previous studies, laws, legislations, world and Jordanian agreements organizing this topic. Results: The study reached a number of results including: firstly, the trademark legal provisions in the Paris Agreement (1883), the TRIPS Agreement (1994), the Trademark Law No. (33) of the year (1952), and the Unfair Competition and Trade Secrets Law No. (15) of the year (2000) worked to protect trademarks, which helps attract foreign investments to Jordan. Secondly, expansion of the framework of protection of a trademark in Paris Agreement, where it extended to include the service mark side by side to a trademark and industry mark, and its registration and use include similar and different products and thirdly, Jordanian Trademark Law No. (34) of 1999 regarding trademark protection and preventing the registration of a trademark that is similar or identical, or shapes another trademark, or the use of another similar trademark upon registration that imitates international agreements, which upholds attracting foreign investments to Jordan.

Financing of the armed forces of Ukraine under the conditions of the state of martial: the European integration vector

In the conditions of Russian aggression, the state of funding of the Armed Forces of Ukraine is important in view of the direct impact on the outcome of hostilities, the future of European countries, and on the further advancement of Ukraine through European integration.
 The basis of the administrative and legal regulation of the financing of the security and defense sector, including the Armed Forces, is: the Military Security Strategy of Ukraine, the National Security Strategy of Ukraine, the Law of Ukraine “On National Security of Ukraine”, annual laws “On the State Budget of Ukraine”.
 As a result of the conducted analysis, it was established that during 2016–2021, budget financing of the Ministry of Defense of Ukraine amounted to 2.1–2.4% of GDP or 2.5–2.9 billion dollars. the USA, while the amount of expenditures for similar purposes in the USA is 600–650 billion dollars, in China – 215–250 billion dollars, in the aggressor country – 70 billion dollars. Only in 2022, the specified volume of expenditures in Ukraine reached 21%, approximately the same amount is planned to be financed in 2024 (1,693 billion UAH).
 Among the main problems in the field of financing the Armed Forces, the following are highlighted: the budget of Ukraine is not a development budget; the amount of budget expenditures depends on charity, humanitarian and international technical assistance; inefficient structure of defense budget expenditures; lack of objective opportunities for growth of own income sources.
 These shortcomings became one of the reasons for Ukraine’s unpreparedness to protect its borders and significant losses during the Russian aggression during 2022-2023. This convinces of the need to comply with the current legislation of Ukraine, which combines the administrative-legal and financial- legal principles of regulation of the sphere of security and defense in Ukraine, including the Armed Forces. It is possible to achieve an increase in the volume of income sources in Ukraine through the modernization of the defense-industrial complex. Transfers from the EU remain important and necessary - this confirms the necessity of the European integration vector for the further development of our Another way to overcome the identified problems is the attraction of direct foreign investments for post-war reconstruction through the removal of regulatory levers. Along with state domestic financing and attracting private capital, Ukraine will need financing of infrastructure projects from relevant EU funds (as public funds), which requires maximum transparency, accountability and control.

Barreiers and opportunities of the Republic of Moldova as a future member of the European Union

Introduction. The article explores the challenges and prospects faced by the Republic of Moldova in its ambitions to become a member of the European Union. Moldova’s geopolitical location, situated between EU member states and Ukraine, makes it a significant participant in the Eastern Partnership program. The main barriers hindering Moldova’s path to EU membership, such as political instability, corruption, and economic disparities, have been analyzed. The impact of the Transnistria conflict on the country’s European integration ambitions has also been studied. Potential opportunities and advantages Moldova possesses, such as commitments to democratic reforms and association agreements with the EU, have been examined. The continuous support from the EU towards Moldova’s European integration through financial assistance and cooperation in political matters has been highlighted. A roadmap for realizing Moldova’s European ambitions has been proposed, and the consequences of its potential future membership in the European Union have been revealed.
 Purpose. The aim of the article is to analyze the economic, political, and geopolitical issues influencing the Eurointegration processes in the Republic of Moldova, particularly its status as a candidate for European Union membership.
 Methods. To achieve the stated goal of the article, several specialized research methods were employed, including analysis and synthesis, induction and deduction, abstraction and concretization, systematization, and elements of comparative analysis. The methodological foundation for the research included national normative legal acts of the EU member states and the Republic of Moldova, as well as joint documents regulating integration processes. Additionally, scholarly works of domestic and foreign researchers, statistical reports, and other sources of information were utilized. This comprehensive approach facilitated a profound analysis and substantiation of conclusions regarding Moldova’s Eurointegration prospects and the necessity for implementing reforms to ensure successful membership in the European Union.
 Conclusions. The Republic of Moldova faces significant barriers, such as political instability, impeding the adoption of long-term reforms; widespread corruption affecting the business climate and investment potential; and economic disparities hindering regional development. Several promising opportunities for Moldova were identified during the research. These include commitments to democratic reforms and cooperation with the European Union. The conclusion was drawn that successful EU membership would grant Moldova substantial benefits, such as enhanced economic development, foreign investment attraction, access to the European market, and the promotion of contemporary standards across various sectors. The importance of implementing necessary reforms and changes to achieve Moldova’s Eurointegration goals and EU support in this process were emphasized.
 Discussion. The research findings indicate that the Republic of Moldova encounters internal and external barriers complicating its path to becoming a future member of the European Union. Political instability, corruption, and economic disparities remain significant obstacles to European integration. However, Moldova possesses the potential and opportunities for reforms and cooperation with the EU, increasing its chances of obtaining membership. EU support and commitment to democracy and European standards open doors to realizing potential advantages of EU membership. To succeed in Eurointegration processes, Moldova must continue implementing reforms and maintaining cooperation with the EU.

SUBSTANTIVE COMPONENTS OF COPYRIGHT: ESSENCE, FEATURES, SPECIFICITY

Objective. The objective of this scholarly article is to find out the essence of copyright, namely its key concepts and basic principles, to identify the mechanisms and tools for its protection in Ukraine. Methods. Theoretical methods include analysis and synthesis of literature on the problem under study; practical methods are the selection of factual material on the basis of which conclusions about the essence of copyright. Key concepts and basic provisions, mechanisms and instruments of copyright protection in Ukraine will be formulated. Results. The 21st century is considered the beginning of a new era, which is characterized by global technologies, high informatization, mechanization, and dynamic economic growth. In this century, the main attention of society is paid to the intellectual product, which forms the basis of the concept of "intellectual property" (IP) in the economic and legal context. The collected factual material allows us to conclude that the modern development of any field of human activity (culture, industry, agro-industrial complex, health care, etc.) is impossible without proper technical and scientific support and spiritual achievements of society. These aspects are closely related and interdependent. Thus, the problem of proper use of the intellectual potential of society and the nation as a whole requires constant attention and support from the state. The existence of a modern system of legal protection of IP in Ukraine contributes to the preservation and enrichment of the technical and scientific potential of the state, the development of the national economy and international trade, as well as the attraction of foreign investments, in particular in the form of advanced technologies, which allows Ukraine to enter the world market of intellectual property as an equal in rights partner. The norms of copyright, together with provisions on related rights, form a single institution of IP law - the institution of copyright and related rights. Objectively, copyright is considered as a complex of civil law norms that regulate relations that arise during the creation and use of works of art, science and literature. Subjectively, copyright represents personal and property rights that arise in connection with the creation of works of science, literature and art by the individuals who created them, and which are subject to protection according to the law. It is important to note that copyright arises immediately from the moment of creation of the work, and this moment is recognized by the manifestation of the work on a tangible medium in such a way that it can be understood by others.

INTEGRATION PROCESSES IN UKRAINE AND THEIR INFLUENCE ON THE DEVELOPMENT OF INTERNATIONAL BUSINESS

The topic of integration processes in Ukraine and their impact on the development of international business is important and relevant in the context of the country's economic development. Ukraine's integration with global economic structures, such as the European Union and other regional blocs, opens up new opportunities for international business and has a significant impact on the development of the country's economy. The accession of Ukraine to the European Union and the signing of regional agreements contribute to the increase of trade relations and cooperation with other countries. This stimulates the growth of exports and the attraction of foreign investments, as well as promotes the transfer of best practices and technologies. International companies have the opportunity to expand their activities in the Ukrainian market and use its potential. However, integration also presents Ukrainian companies with challenges related to competition in the foreign market and the need to improve production processes and product quality. For the successful development of international business, it is important to attract foreign partners, introduce innovative technologies, improve the qualifications of employees and develop efficient logistics. Therefore, integration processes in Ukraine have a significant impact on the development of international business, create new opportunities for enterprises, and contribute to the attraction of foreign investments and the transfer of best practices. However, successful management of these processes requires effective strategies, adaptation to international standards and constant improvement of the competitiveness of Ukrainian business. The article examines integration processes in Ukraine and determines their impact on the development of international business; the challenges and opportunities of integration processes for the development of international business in Ukraine are considered.

The system for determining the technical acceptability of construction products – the experience of Europe and Asia

Determining the technical acceptability of construction products becomes a determining factor that shapes trade, innovation and safety standards. The article reviews the system of determining the technical acceptability of the EU and some Asian countries. The European experience, embodied by the CE marking system, establishes a uniform approach in the EU member states. The importance of studying the European experience is emphasized by the orientation of Ukraine towards joining the EU, which will be facilitated by the transition of the construction sector to European standards. European countries have harmonized standards, such as the EN series, which begin with basic requirements for construction products. CE marking combined with conformity assessment procedures ensures compliance with strict quality and safety standards. Competent authorities have successfully addressed the role of third-party verification, while the Construction Products Regulation (CPR) has a level of regulatory oversight. This experience offers Ukraine a model of harmonization, promoting the creation of a single market and strengthening international confidence in its construction products. Asian countries, each with its own regulatory field, exemplify diverse approaches to determining technical acceptability. Countries such as Japan and China emphasize adherence to national standards and certification processes. The Japanese JIS standards and the JIS mark together with the Construction Quality Assurance (CQA) system are technical compliance standards not only in construction. Understanding the nuances of approaches in Asia gives Ukraine knowledge about adapting its own systems to regional requirements. The study of international approaches to the construction of a system for determining the technical acceptability of construction products and structures will contribute to international trade, ensuring the quality and safety of products, and innovations. Cross-border projects and the attraction of foreign investments contribute to the introduction of international practices that meet global standards. The introduction of the European system for determining the technical acceptability of building materials, which corresponds to the best international practices, not only the competitiveness of Ukrainian construction products, but also thanks to the global standardization of the construction industry, the economic integration of sustainable development, the experience of Europe and Asia allow to create a road map to ensure technical acceptability of construction products.

საინვესტიციო გარემოს შეფასების აქტუალური საკითხები

საინვესტიციო გარემოს შეფასების აქტუალური საკითხები

Циркулярна економіка: особливості та перспективи впровадження в Україні в умовах війни

The circular economy is a prerequisite for the new industrial revolution, because it contributes to achieving maximum economic efficiency in industry and reducing the negative impact on the environment. Its implementation involves a set of measures aimed at the sustainable development of enterprises, the country and society. Introducing the concept of circular economy is an important and necessary step for the development of our country, its integration into the European Union and post-war recovery. The purpose of the study is to identify problems on the path of reorientation of Ukrainian enterprises to the principles of circularity and sustainable development and to develop methods for their rapid adaptation, in particular, taking into account the consequences of European integration and full-scale war. The goals of the research: analysis of the current state of waste management in Ukraine, clarification of the essence and key principles of circularity and sustainable development, identification of the main strategies for the implementation of the circular economy, analysis of the peculiarities of the implementation of circular business models in Ukraine, taking into account the experience of the EU, development of recommendations for rapid adaptation circular business models in conditions of war. The peculiarities of waste management in Ukraine, in particular in the conditions of war, the readiness of companies and resource provision for the introduction of new circular business models are analyzed. The advantages and weaknesses of the implementation of circular principles, the opportunities that open up to enterprises, the positive impact on the economic, social, technological spheres, etc. are characterized. Before the full-scale invasion into Ukraine, most of the factors of the external environment were generally favorable for the implementation of circular economy business models by Ukrainian enterprises: accelerated accession to the EU, commitment to Ukrainian business in the world market, attraction of foreign investments, development of innovative technologies in Ukraine, gradual change in the culture of consumption , increasing consumer trust in "green" brands, increasing the level of social responsibility of enterprises. The amount of waste in Ukraine as a result of military operations as of June 2023 was 12 million tons (excluding temporarily occupied territories): destruction of administrative buildings, private houses, agricultural lands, etc. At the same time, it was stated that the pre-war methods of waste management, which were already ineffective, cannot be used in principle today. Therefore, now more than ever, it is important to promptly and effectively eliminate its consequences, which, on the other hand, is also a potential for the development of the circular economy and the post-war reconstruction of Ukraine.

Accounting Disclosure and Its Role in Attracting Foreign Investments

هدفت الدراسة إلى التعرف على دور الافصاح المحاسبي في زيادة الاستثمار لتنشيط أسواق المال الناشئة، من خلال عرض وتوضيح الإطار النظري للإفصاح المحاسبي في أسواق المال الناشئة. بالإضافة إلى تقييم دور الإفصاح المحاسبي في رفع كفاءة أسواق الأوراق المالية الناشئة من خلال دراسة متطلبات ما يحتاجه المستثمرين وفقاً لمتطلبات العرض والافصاح في المعايير الدولية للمحاسبة والاتفاقات وثيقة الصلة. ولهذا الغرض استخدم الباحث منهجين، الأول هو المنهج الاستقرائي من خلال الدراسات المكتبية واستقراء الكتب والمقالات وغيرها من المصادر التي تناولت الافصاح المحاسبي وأسواق المال الناشئة، والثاني هو المنهج الاستنباطي عن طريق التوصل للعلاقة بين الافصاح المحاسبي وزيادة كفاءة أسواق المال الناشئة لدراسة عدد من الفرضيات من أهمها، علاقة الإفصاح المحاسبي ودوره في جذب الاستثمارات الأجنبية، وعلاقة الإفصاح المحاسبي ودوره في تحقيق أبعاد التنمية المستدامة. أظهرت نتائج الدراسة أن الإفصاح المحاسبي يساعد في جلب الاستثمارات الاجنبية للمحاسبة لتحقيق التنمية المستدامة بأبعادها، كما ساعد شركات الاستثمار الأردنية في تخفيض درجة المخاطرة عند اتخاذ قرارات استثمارية بما يحقق التنمية الاقتصادية المستدامة. كما انه ساهم في تحسين اداء الشركات الاستثمارية بما يساعد في تحقيق البعد الالكتروني، وساعد على قيام شركات الاستثمار والمستثمرين في تطوير عملياتهم المالية لتفادي مخاطر الاستثمار المرتفعة. واستناداً لهذه النتائج أوصى الباحث بضرورة الاعتماد إدارات الشركات كافة بمختلف مجالاتها على الافصاح المحاسبي وادواته لما له دور في جذب الاستثمارات الأجنبية، الاهتمام بالإفصاح المحاسبي الالكتروني لما له دور في سهولة الحصول على المعلومات للمساعدة في اتخاذ القرار وتحقيق التنمية وتخفيض درجة المخاطر عند اتخاذ قرارات استثمارية.

Impact of money supply and macroeconomic indicators on foreign portfolio investment: Evidence from Vietnam

This study examines the relationship between money supply, macroeconomic indicators, and foreign portfolio investment in Vietnam. Using the Autoregressive Distributed Lag Model and Stata 17 software to analyze quarterly data from Q1/2007 to Q4/2022, the analysis reveals strong and enduring correlations. An increase in money supply and economic growth positively influences foreign portfolio investment, with the money supply from the previous quarters significantly impacting foreign portfolio investment (P-value < 0.01). However, foreign exchange rates and foreign direct investment negatively affect foreign portfolio investment. Three macroeconomic indicators show significance at 1% and 5%, where gross domestic product positively affects foreign portfolio investment, while foreign exchange rates and foreign direct investment have detrimental impacts. The findings indicate that a 1% increase in gross domestic product leads to a USD 50.426 million increase in foreign portfolio investment, while a USD 1 million increase in foreign direct investment results in a USD 0.025 million decrease. Foreign exchange rates significantly affect foreign portfolio investment, with the potential for reduction through VND devaluation or an increase in the VND/USD exchange rate due to government adjustments. Definitive conclusions about external debt, interest rates, and inflation require additional data and research. The study’s R-squared value is 0.2738, with an adjusted R-squared of 0.1813, explaining 27.38% of future changes in Vietnam’s foreign portfolio investment. These findings have important implications for policymakers, suggesting that expanding the money supply and implementing suitable interest rate policies could enhance foreign portfolio investment attractiveness in the nearest term. AcknowledgmentThe author would like to thank the board of editors and the anonymous reviewers for their time and suggestions, which were most helpful in improving this article.

Аналіз стану організації довгострокових портфельних іноземних інвестицій у Республіці Польща: уроки для України

The article describes the process of creation of the European international capital market, new financial instruments and formation of an investment portfolio from them in order to achieve the main goal of the investor – diversification, caused by investor’s desire not to participate in the operational management of the enterprise, however reducing the risk and maximizing the return on investment of his capital. The article then reviews the recent CEE Capital Markets conference, which was held in Poland, and concludes that by many criteria the Polish capital market is the largest in the region. In addition, the article emphasizes that foreign investment inflows to Poland reached a record level in 2021-2022. Therefore, based on all this data, the article analyses in detail the attraction of foreign investment into the economy of the Republic of Poland, taking into account three main prerequisites, namely: the establishment of uniform and unchanging rules of the game by creating an institutional framework for investment and ensuring the development of capital market infrastructure; ensuring the management of the Polish capital market with the help of two main players (the Central Securities Depository of Poland and Polish Financial Supervision Authority), shaping the professional activities of market participants and providing the supervision. The subsequent analysis of the state of Poland investment activity, presented in the National Banks Report “Poland International Investment Position for 2021”, showed that all this has played a significant role in attracting long-term portfolio investments, the biggest share of which is treasury debt, to the neighbouring countrys economy in recent years. Drawing a parallel with the current situation on the Ukrainian securities market, the article goes on to note that its regulatory framework generally meets the contemporary requirements. The other two prerequisites for creating acceptable conditions for a foreign portfolio investor are only under establishment. Right now, there is an urgent need to start building the infrastructure of Ukrainian securities market with the help of a neighbouring country.

Assessment of the Quality of Transformation of Financial Reporting of Entities According to IFRS

Background: Mandatory application of IFRS for a specified list of entities brings about additional costs in terms of material, financial and labour resources. Consequently, this encourages the search for ways to minimise costs related to the transition to IFRS adoption, that is, its formalisation. Under such conditions, the need to improve the methodological toolkit for evaluating the process of transformation of financial statements in accordance with the requirements of the IFRS is actualised. This article aims to develop a methodological toolkit for assessing the quality of the financial reporting transformation process per IFRS requirements, using Ukrainian dairy industry enterprises as a case study. Methods: The assessment of the impact of the transition to IFRS reporting on changes in the financial status of entities was carried out using statistical methods of comparison, generalisation, grouping, and coefficients. Conclusions were drawn based on the research findings employing the method of logical generalisation. Results and Conclusions: The method of assessing the impact of the application of IFRS on the financial condition of enterprises in the dairy industry of Ukraine has been improved, particularly in terms of accounting for changes in financial statements as a result of transformational adjustments before and after the date of transition to IFRS. This refinement involves employing financial coefficients as a means of assessment, facilitating the determination of the quality assessment of the process of drawing up the first financial statements of enterprises in accordance with IFRS. New methodological aspects and recommendations for assessing the quality of the transformation process in the context of the application of IFRS will ensure effective management of enterprises in the dairy industry of Ukraine, leading to an increase in the attraction of foreign investments amidst the conditions of European integration processes and the post-war period.

DYNAMICS OF FOREIGN DIRECT INVESTMENTS IN POST-PANDEMIC GEORGIA

DYNAMICS OF FOREIGN DIRECT INVESTMENTS IN POST-PANDEMIC GEORGIA

PRIORITY AREAS OF FOREIGN ECONOMIC ACTIVITY REGULATION IN THE IT SPHERE

Introduction. The domestic market of Ukraine is not able to ensure the consumption of all products and services offered by manufacturers, so companies are forced to expand sales markets. Accordingly, they enter foreign markets, where there is strong competition from foreign enterprises. This encourages Ukrainian enterprises to define strategic directions of development, improve export activities, and improve product quality, which enables domestic enterprises to achieve long-term competitive advantages.
 That is why the effective foreign economic activity of enterprises contributes to the reproduction of export potential, increasing the competitiveness of Ukrainian IT products and services on world markets, the formation of a rational structure of export and import, and the attraction of foreign investments.
 The hypothesis of the scientific research consists in the substantiation consists in the substantiation of methodological provisions regarding the foreign economic policy of the enterprise under study in the context of general trends in the development of the international market of IT services.
 The purpose of the study is to substantiate the theoretical and methodological tasks and practical recommendations for the formation of foreign economic vectors of the IT company.
 The methodology of the scientific research is the formation of recommendations regarding the improvement of the formation of the IT company's foreign economic strategy based on the application of general theoretical and specific research methods, in particular: theoretical generalization; classification and systematization; analytical method; methods of logical generalization and modeling.
 Conclusions and prospects for further research. In order to increase the efficiency of the enterprise's foreign economic activity, it is advisable to identify those countries that are attractive for further cooperation, to analyze the existing foreign economic relations and to highlight promising directions of development. The main goal should be a thorough analysis of the international trade system, the economic environment of the country where the penetration will be carried out, and it is also necessary to take into account the political, legal and cultural features of its environment.
 An important factor in improving foreign economic activity is the assessment and analysis of the company's strengths and weaknesses.
 Keywords: globalization; foreign economic activity; competitiveness; modeling; international trade; international IT market.

Attract foreign direct investment and its impact on economic and sustainable development: Republic of Moldova vs Central and Eastern European countries

Significant is the contribution of foreign investments to the economic development of countries that need investments in both quantitative and qualitative aspects. Given the major positive impact of foreign direct investment on host countries, real competition is emerging between countries willing to invest. Thus, these countries develop and promote policies to attract foreign investments in the development of economies to increase the standard of living of the population. For the Republic of Moldova and the countries of Central and Eastern Europe, foreign direct investments represent a main tool for economic development and growth. In this context, the purpose of the research is to analyze the dynamic evolution of the flow of foreign direct investments in the Republic of Moldova and the Central and Eastern European countries and determine their impact on the development of national economies.

ЗАЛУЧЕННЯ ПРЯМИХ ІНОЗЕМНИХ ІНВЕСТИЦІЙ У ФІНАНСУВАННЯ БУДІВЕЛЬНОЇ ГАЛУЗІ УКРАЇНИ В ПЕРІОД ПОВОЄННОГО ВІДНОВЛЕННЯ ЕКОНОМІКИ: ПОРІВНЯЛЬНИЙ АНАЛІЗ З КРАЇНАМИ ЄС

The theoretical foundations of direct foreign investment are considered. The interpretation of the essence of the concept of "foreign direct investment" is analyzed. A comparative analysis of the attraction of direct foreign investment in the construction

THE ROLE OF MULTINATIONAL COMPANIES AND THEIR IMPACT ON THE ECONOMIC POLICY OF KAZAKHSTAN

This article is devoted to studying the activity of the main participants of economic globalization – transnational corporations, in the context of Kazakhstan. I considered the main volumes and streams of direct foreign investments in the country in recent years. Key indicators of direct foreign investments (further DFI) in the country and the prospects of development are defined in this work. The article also studies the major factors of attraction of direct foreign investments. A review of scientific literature on the factors defining the inflow of direct foreign investments to Kazakhstan is made. The paper investigates investment shares into priority sectors of the economy of Kazakhstan and provides analytical and statistical methods of knowledge and observation, which serve as a methodological basis of research. The article has the scientific value and novelty of research where the relevance of work is the application of an integrated approach to research of the international investment activities and the role transnational corporations play in the development of different economic sectors and infrastructure in Kazakhstan.