Investment Categories Research Articles

Investor horizon, experience, and the disposition effect

The disposition effect, characterized by the tendency to sell winning assets too soon and hold onto losing assets for too long, is a widely documented phenomenon among investors. Using granular trade-level data, we examine the disposition effect among different categories of foreign institutional investors (FIIs) in the context of an emerging market. Using survival analyses over several years, we find that short-term investors are most prone to disposition effects, while long-term investors are least prone. We also find that experience, as indicated by cumulative years in the market and the volume of stocks traded, mitigates the disposition effects, but only among long-term FIIs. While FIIs exhibit higher disposition effects during crisis periods, this effect is mitigated by experience, particularly among long-term FIIs. Our findings suggest that accounting for heterogeneity in institutional investors, rather than treating them as a whole, is important for a better understanding of financial markets.

How Information Manipulation on Social Media Influences the NFT Investors’ Behavior: A Case Study of Goblintown.Wtf

People favor nonfungible token (NFT) because of the attribute to prove digital assets’ ownership and promote interactions. Investors are keen to buy and use NFT pictures as social media avatars and participate in online communities around NFT collections. However, information manipulation in the NFT market has led to investors significant losses. Our work explored a way to correspond social media accounts with Ethereum addresses and studied the microstructure of NFT market. Taking Goblintown.wtf as an example, we analyzed the participants, mechanism, and impact of Twitter information manipulation in the market. We found five categories of investors in the NFT market under information manipulation: primary investors, amateur investors, fanatic investors, short-term rational investors, and long-term rational investors. We argue that investors will consume their limited attention more likely when joining NFT online communities. This will lead to more complicated for them to make investment decisions rationally.

Changing the paradigm of agricultural business development based on Industry 5.0 Technologies

The article is devoted to the generalization of the main provisions of the leading economic theories in the field of investment, the main stages of the development of the investment process research theory are systematized. The purpose of the article is to study the evolution and systematization of the theoretical foundations that reveal the essence of investment relations, and their deepening of the theory in the context of the concept of sustainable development actualization, the knowledge economy, and the formation of the information economy. It has been proven that there is a close internal connection between investments and innovations, leading investments in ensuring economic growth and the transition to the technological structure of Industry 4.0, implementing structural and institutional transformations, digitizing the investment process, overcoming the negative impact of the Covid-19 pandemic, military conflicts, etc. The author critically reviewed the position of the leading economic schools in the field of investment and made a conclusion regarding the development of the investment activity research theory, as well as changes in the investment behavior of business entities. The methodological approaches of the classical, neoclassical, Keynesian, and institutional economic schools, which are set forth in the theories of investment and accumulation, are systematized, revealing the issue of the investment process transformation under the influence of endogenous and exogenous factors. It was concluded that the investment process of reproduction of social capital, on which economic development is based, changes within the historical transformation of the entire system of economic relations, which led to the improvement of investment quality in accordance with the challenges of the economy industrial development. It has been proven that the system-synergistic methodology has the highest level of validity and effectiveness for researching the investment category, as it allows to deepen the understanding of the investment category. The author emphasizes that the system-synergistic methodology takes into account the information and ecosystem nature of the modern investment process, which reflects the non-linear trends of movement and development of the economic system, and is also a mechanism for innovation by business entities. It is substantiated that investment is an independent economic category, which represents the process of accumulation and extended reproduction of social capital, which are considered as a single integrated complex system. It is argued that investments represent a complex multi-level, multi-subject and multi-object system of relations regarding the accumulation of social capital in the national economy. It has been proven that the development of investment processes at the macro-, meso-, and micro levels in modern conditions requires the creation of an appropriate ecosystem for the organization of the investment process, the effective functioning of which is achieved under the condition of full satisfaction of all stakeholders interests. It was highlighted that in the context of the actualization of the sustainable development concept, circular and green economy, it is necessary to ensure the implementation of sustainable investment in order to increase socially responsible economic development based on ESG development standards. Key words: investment theories, investment process, investment, investment ecosystem, sustainable investment, digitalization.

Theoretical basis of investments and investment activity research

The article is devoted to the generalization of the main provisions of the leading economic theories in the field of investment, the main stages of the development of the investment process research theory are systematized. The purpose of the article is to study the evolution and systematization of the theoretical foundations that reveal the essence of investment relations, and their deepening of the theory in the context of the concept of sustainable development actualization, the knowledge economy, and the formation of the information economy. It has been proven that there is a close internal connection between investments and innovations, leading investments in ensuring economic growth and the transition to the technological structure of Industry 4.0, implementing structural and institutional transformations, digitizing the investment process, overcoming the negative impact of the Covid-19 pandemic, military conflicts, etc. The author critically reviewed the position of the leading economic schools in the field of investment and made a conclusion regarding the development of the investment activity research theory, as well as changes in the investment behavior of business entities. The methodological approaches of the classical, neoclassical, Keynesian, and institutional economic schools, which are set forth in the theories of investment and accumulation, are systematized, revealing the issue of the investment process transformation under the influence of endogenous and exogenous factors. It was concluded that the investment process of reproduction of social capital, on which economic development is based, changes within the historical transformation of the entire system of economic relations, which led to the improvement of investment quality in accordance with the challenges of the economy industrial development. It has been proven that the system-synergistic methodology has the highest level of validity and effectiveness for researching the investment category, as it allows to deepen the understanding of the investment category. The author emphasizes that the system-synergistic methodology takes into account the information and ecosystem nature of the modern investment process, which reflects the non-linear trends of movement and development of the economic system, and is also a mechanism for innovation by business entities. It is substantiated that investment is an independent economic category, which represents the process of accumulation and extended reproduction of social capital, which are considered as a single integrated complex system. It is argued that investments represent a complex multi-level, multi-subject and multi-object system of relations regarding the accumulation of social capital in the national economy. It has been proven that the development of investment processes at the macro-, meso-, and micro levels in modern conditions requires the creation of an appropriate ecosystem for the organization of the investment process, the effective functioning of which is achieved under the condition of full satisfaction of all stakeholders interests. It was highlighted that in the context of the actualization of the sustainable development concept, circular and green economy, it is necessary to ensure the implementation of sustainable investment in order to increase socially responsible economic development based on ESG development standards. Key words: investment theories, investment process, investment, investment ecosystem, sustainable investment, digitalization.

Institutional investor heterogeneity and green innovation in China: Does digital transformation matter?

This paper examines how different categories of institutional investors influence green innovation for Chinese-listed companies and investigates the impact of digital transformation on this relationship. Results show that pressure-insensitive investors significantly improve corporate green innovation, while pressure-sensitive institutions have no effect. Further evidence suggests this is due to the negative impact of long-term pressure-sensitive investors on green innovation. We further analyze whether digital transformation affects the relationship between institutional ownership heterogeneity and green innovation. Consistent with the view that digital transformation promotes timely information dissemination and alleviates information asymmetry, our findings demonstrate that both pressure-insensitive institutional investors and short-term pressure-sensitive institutional investors promote green innovation in firms with higher levels of digital transformation. Further analyses reveal that digital transformation at the city level amplifies the influence of institutional investors on green innovation, and the underlying technology architecture provides more value to the institutional ownership heterogeneity−green innovation nexus.

Farm digital tools: A systematic review of investments and environmental implications

Farm-level investment in digital tools is often viewed as a necessary part of the agroecological transition. However, its actual relevance remains unclear due to currently ambiguous definitions of farm investments in general and equipment investments in particular. We conducted a systematic review of the farm investment literature to characterize the different categories of digital tools investments seen and to determine how often the environment is considered in this field of research. A total of 131 articles met our eligibility criteria and were subject to further analysis. First, we found that research on farm investments has looked at general farm investments, investments in combined factors of production, and investments in specific factors of production. Second, we discovered that there are four main investment categories for farm equipment (including digital tools). Third, we noted that few studies have addressed the environmental implications of investing in digital tools. Our findings emphasize that, to facilitate the agroecological transition, it will be important to promote broader strategies that encourage farmers to invest in digital tools.

Determinants of investment-related FinTech services among retail investors of India: a multi-group analysis using PLS-SEM

PurposeThe purpose of this study is to investigate the factors affecting behaviour intention (BI) to use and actual usages of investment-related FinTech services among the zoomers (Gen Z) and millennials (Gen M) retail investors of India.Design/methodology/approachThe study explores the predictive relevance of actual adoption behaviour among the two different age categories of Indian retail investors. It uses the Unified Theory of Acceptance and Use of Technology-2 and the prospect theory framework as guiding frameworks. Data has been collected from 294 retail investors, actively engaged in the investment-related FinTech services. The multi-group analysis using variance-based partial least square structured equation modelling has been used to compare the two groups. The invariance between the two groups was achieved through measurement invariance assessment.FindingsThe study reveals distinct factors significantly affecting BI to use investment-related FinTech services among Gen Z and Gen M retail investors are performance expectancy (PE) to BI, perceived risk (PR) to BI, price value (PV) to BI and PR to service trust (ST).Research limitations/implicationsThis study provides insights for financial providers and policymakers, emphasizing different factors influencing BI to use investment-related FinTech services in both age groups. Notably, habit emerges as a common factor influencing the actual usage of investment-related FinTech services across Gen M and Gen Z retail investors in India.Originality/valueThis study explores the heterogeneous behaviour of the heterogenous population in the domain of technological adoption of investment-related FinTech services in India.

The soft computing based model of investors’ condition and cognition on a real estate market

Real estate is a significant tangible asset for every human. Many individuals typically make a property investment decision at least once in their lifetime. Humans have limited knowledge of the surroundings in which they live and a limited capacity to process information. When making decisions, the decision-maker seeks to simplify cognitive processes and prefers solutions that are satisfactory from the point of view of survival rather than ensuring maximum profit (especially financial). The goal of an aware decision-maker is not to have the most information but to have the 'right' information. On the other hand, information on the property market is called imperfect caused mainly by a lack of behavioral component that contains this 'missing' information. Due to this fact, the authors assumed to create the soft computing based model to provide a behavioral component for the identification of property investors' decision-making motives in the residential market. The results confirm that it is possible to indicate a pattern of the profiles of real estate entities according to particular categories of investors' condition and cognition.

TAX INCENTIVE SCHEMES AND BALANCED REGIONAL ECONOMIC GROWTH IN TURKEY

This study delves into the impact of investment incentives on regional development and economic growth in Turkey. It provides a comprehensive overview of the investment incentive system introduced in 2012, categorizing regions based on development levels and offering various incentives such as tax exemptions, reductions, and social security support. The research investigates the relationship between investment incentives, public expenditures, regional differences, and economic growth. Through a thorough examination, the study aims to understand how the current incentive system addresses regional disparities and promotes balanced economic growth. The literature review explores international perspectives, including China and Italy, providing insights into the effectiveness of tax incentives on R&D investment and macroeconomic performance. The study also analyzes the European Commission's report on tax incentives for venture capital and business angels. The results and discussion section outlines the investment incentive framework in Turkey, emphasizing regional, priority, large-scale, and strategic schemes. The research considers twelve investment categories, each supported by specific incentive measures. The conclusion emphasizes the importance of aligning incentives with regional needs, fostering equitable development, and promoting strategic sectors. It highlights the significance of quasi-tax supports, VAT exemptions, and interest subsidies in encouraging investments. The employment and income tax withholding supports, especially in the 6th region, are recognized for their contribution to reducing unemployment. The study concludes by underscoring the need for continuous evaluation and adaptation of incentive schemes to address evolving economic challenges.

R&D investments in emerging market firms: the role of institutional investors and board interlocks

Despite the increase in institutional investor shareholdings in emerging market firms, their impact on R&D investments has received scant attention in the literature. By integrating agency and resource dependence perspectives, we examine the role of different types of institutional investors and their interactions with board interlocks in shaping their preference for R&D investment in their portfolio firms. We test our hypotheses on a sample of 2,478 Indian firm‐year observations from 2005 to 2019, using various estimation techniques. Our results indicate that different categories of institutional investors have distinct preferences for R&D investment. Specifically, we find that ownership by both foreign institutional investors and mutual fund investors negatively impacts R&D investments in firms. While board interlocks positively moderate the impact of institutional investors such as banks and financial institutions and foreign institutional investors on R&D investments in firms, this moderation is negative in the case of mutual fund investors and R&D investments in firms. We contribute to the understanding of the determinants of R&D investments in emerging market firms, with a specific focus on institutional investor ownership and add to the nascent literature on the interaction between two forms of governance, i.e., ownership and board characteristics, in shaping this firm strategy.

Determinants of Institutional Ownership in the MENA Region

This study explores the main determinants of institutional ownership in the MENA region. Using a large sample of 262 listed companies across MENA countries, this study focuses on company and country characteristics that might explain institutional behavior. We attempt to answer the following questions: First, what are the main categories of institutional investors operating in MENA countries? Secondly, what factors drive institutional ownership? Results reveal a weak presence of institutional investors in the MENA region. Unlike foreign and passive investors, domestic and active institutional investors dominate the companies’ ownership. Such findings raise serious issues about how to attract foreign institutional investors. Results also suggest that value stocks appeal to institutional investors, whatever their origin (foreign or domestic) and kind (active or passive). Institutional investors look for large, profitable, and liquid companies that pay high dividends. They prefer investing in highly indebted companies as they consider debt an efficient mechanism to mitigate agency problems. Corporate governance and information disclosure are also crucial determinants of institutional ownership. However, foreign-domestic and active-passive institutional investors have different investment preferences. Our study would contribute to a better understanding of ownership endogeneity within an emerging context. Results would help professionals, managers, and policymakers to adopt appropriate reforms to offer an appealing business climate and attract a large base of institutional investors, not only foreign and active investors.

Red Capitalism and Neoliberal Authoritarianism

Abstract The rise of the brics block has contributed to the emergence of a “multiplex world”. This shift in power dynamics has revealed the crisis of the existing liberal international order, a relative decline in the U.S. power, and a gradual transition towards a post-American order. This article examines the dynamics of Sino-mena relations in a “multiplex world” where both the U.S. and the mena states have chosen “The Look East” policy. The U.S.-China geopolitical rivalry explains a shift in the U.S. foreign policy from the Middle East toward the Far East. The Middle East’s “Look East Policy”, however, is largely due to the needs for an alternative global partner. This article examines three pillars of the Sino-mena relations: the first pillar pertains to a broad category of energy, trade, investment, arms deal, security and geostrategic significance. The second pillar is centred around the Chinese policy of no military intervention and respecting the state sovereignty. The third pillar is pertinent to the “Chinese Model of Development” and what it means for the mena. It examines whether such relations might consolidate autocratic capitalism and neoliberalism without democracy and, or benefit mena civil societies’ quest for a grassroots and egalitarian development and democracy.

The effect of financial literacy on Gen-Z crypto investment decision through herding behavior as mediator

The progression of investment in Indonesia has witnessed rapid growth, particularly in the realm of crypto assets. By April 2023, the number of crypto investors in Indonesia had surged to 17 million, with the Gen Z cohort dominating this category of asset investors. The primary objective of this research is to examine whether herding behavior can mediate the relationship between financial literacy and crypto investment decisions among Gen Z individuals. This investigation was conducted among crypto investors residing in the city of Bengkulu. A total of 156 individuals were selected as the sample. The collected data was subsequently processed using the Smart PLS 3 application. The research findings indicate that financial literacy has a significantly positive influence on herding, and financial literacy also has a significantly positive impact on the crypto investment decisions of Gen Z. Moreover, herding serves as a mediating factor in the relationship between financial literacy and Gen Z's crypto investment decisions.

Fundamentals Analysis and Investment Decision-making for Six Companies among Three Industries

Investors can significantly increase their funds by choosing excellent stocks, but choosing a good stock is a problem that investors face. This article collected data on six companies' risks, profitability, market ratios from three industries through Yahoo Finance for in-depth analysis. Specifically, this study conducted an in-depth analysis of the investment decisions of several categories of investors through these data. The results indicate that BP has attracted value investors, income investors, PEG investors, index investors, DCF investors, and stock repurchases. Shell has attracted value investors, income investors, PEG investors, index investors, ratio investors, DCF investors, insider investors, and stock repurchases. CVS Health has attracted index investors, DCF investors, insider investors, and stock repurchases. McKesson has attracted PEG investors, index investors, DCF investors, momentum investors, insider investors, and stock repurchases. Wal Mart attracts index investors, DCF investors, momentum investors, insider investors and stock repurchases. Marriott International attracts DCF investors, momentum investors, insider investors, and stock repurchases.

Analysis of Investors' Investment Choices for Oil Companies

This paper delves into the significance of oil within the realms of energy supply, transportation, and the chemical industry, all while exploring the unique challenges encountered by diverse categories of investors. Employing a multifaceted approach encompassing risk analysis, profitability assessment, and market ratio analysis, this study meticulously dissects the financial records of select oil companies. Consequently, it formulates insightful recommendations aimed at enhancing investor decision-making processes and fostering stronger corporate investor relations. The primary findings of this research emphasize the intricate interplay of numerous factors that sway investors' choices, necessitating a comprehensive evaluation that takes into account risk, profitability, and prevailing market conditions. This study not only identifies these influences but also offers specific, actionable guidance to navigate them effectively. The implications of this research extend to the practical domains of investment decision-making and corporate strategic planning, thus underscoring its intrinsic value in shaping both individual investment portfolios and the strategic directions of oil enterprises.

Analysis of Variation in Foreign Inflows by Different Categories of Foreign Portfolio Investors

The liberalisation of Indian financial markets has smoothened the capital flows of international institutional investors, resulting in rising foreign investor participation in the domestic equity and debt markets. Since the reforms of the 1990s, India has become one of the favourite investment hubs of foreign institutional investors (FIIs) across the globe. The research aims to analyse the variation in contribution to foreign inflows by the three different categories of foreign portfolio investments (FPIs) and the determinants of inflows of the categories of FPIs. The study is based on the use of secondary data collected from the National Securities Depository Limited and the Securities Exchange Board of India. One-way ANOVA has been employed to examine the variation in inflows by different categories of FIIs. Autor regressive distributed lag model has been used to understand the factors determining the inflows of FPIs. The results of the study revealed that there exists variation in the inflows of investments among the different categories of FIIs. The variation in inflows by different categories into equity instruments was significant, while the inflows into debt instruments were not significant. Furthermore, the highest inflows were seen from the second category of FIIs. JEL Codes: C32, G2

Research on the impact path of China’s environmental protection investment on green development—based on the perspective of industrial structure upgrading

As a special category of investment, environmental protection investment can provide important funds and technological support for a region, achieve green production, and promote green development. This article uses a benchmark regression model based on panel data from 30 provinces in China from 2007 to 2020 to analyze the impact of environmental protection investment on the level of green development. It specifically examines the effects of urban environmental infrastructure investment, industrial pollution control investment, and completion of environmental protection acceptance projects on the level of green development. It also explores how different regions can make use of environmental protection investment according to local conditions. Additionally, due to the spatial spillover effect of environmental protection investment, this article introduces the spatial Durbin model to study the spillover effects. Furthermore, in order to effectively promote green economic development through environmental protection investment, it is necessary to upgrade the industrial structure. Therefore, this article also uses the mediation effect model to explore the relationship between environmental protection investment, industrial structure upgrading, and the level of green development. The research findings are as follows: 1) environmental protection investment can promote the development of green level; 2) the various components of environmental protection investment have different effects on the level of green development. Urban environmental infrastructure investment has a promoting effect on the level of green economic development, while industrial pollution control investment and completion of environmental protection acceptance projects have a restraining effect; 3) environmental protection investment has a positive spillover effect in spatial terms, promoting the green development of surrounding areas while driving the local green development level; 4) as an important driving force for promoting green economic development, environmental protection investment relies on the support of industrial structure upgrading, and further optimization and upgrading of the industrial structure can achieve green economic development. Based on these findings, this article proposes that each region should increase environmental protection investment, implement the concept of green development, and leverage the positive impact of each component of environmental protection investment on local green development according to local conditions. At the same time, each region should also pay attention to the role of industrial structure upgrading and make rational use of environmental protection investment to promote green development.

Население как участник фондового и срочного рынков: ожидания, риски, перспективы

The relevance of the article is due to the fact that the instruments of the stock and futures markets are currently considered by the population as an attractive alternative to traditional investments in bank deposits. This category of inves-tors, which ten years ago did not have any noticeable weight on stock and fu-tures markets, is gradually turning into active participants in the securities market, capable not only of ensuring the efficiency of the Russian economy, but also of overcoming market risks. The subject of the study is the activity of retail investors in the domestic finan-cial market during the period of tightening anti—Russian sanctions. The pur-pose of the work is to consider the specifics of citizens' investment behavior, identify the main trends of the current period and factors contributing to the further development of the investor protection system and increase citizens' confidence in financial markets. The article identifies the peculiarities of the de-velopment of the retail segment of the domestic market in the period 2022–2023, and on this basis it is concluded that the sanctions regime has caused significant damage to the Russian financial market, however, the degree of im-pact of the negative processes constraining its development turned out to be less significant than predicted by most researchers. The continuation of the regulator's work in terms of developing additional measures to protect inves-tors' rights and improve financial culture, coupled with the implementation of initiatives by trade organizers and the professional community, will make it possible to counteract the spread of unfair trading and marketing practices, improve the investment climate in the country, and strengthen the confidence of private investors in financial market instruments and institutions.

ЦИФРОВІ ІННОВАЦІЇ В АГРАРНОМУ СЕКТОРІ: АНАЛІЗ ЕФЕКТИВНОСТІ ТА ПЕРСПЕКТИВИ ВПРОВАДЖЕННЯ В УКРАЇНІ

The article examines digital innovations in Ukraine's agricultural sector and their impact on the effi ciency of agricultural production. It is noted that digital technologies have permeated almost all areas of life, including the agricultural sector. The conditions that contribute to the development of the innovative potential of agricultural enterprises are identifi ed, including computer literacy, government support programs for digital strategies, fi nancial capacity, and more. Key technologies such as precision farming, process automation, the use of drones and satellite monitoring, as well as data management systems, are examined. The impact of these technologies on increasing crop yields, optimizing resource use, and reducing costs is analyzed. Barriers to the implementation of digital innovations, such as high implementation costs, insuffi cient funding, and lack of appropriate infrastructure, are identifi ed. The article also explores opportunities to overcome these barriers through increased investment, collaboration between the public and private sectors, and the development of digital literacy among farmers. Innovative solutions being implemented in the agricultural sector are reviewed, including comprehensive machinery management, work accounting, fuel management systems, and precision and smart farming. The advantages and disadvantages of digital innovations in Ukraine's agricultural sector are presented. The categories of foreign direct investment in Ukraine's agricultural sector and the main aspects of digital innovations are described. Ukraine's innovation indicators are analyzed in comparison to global averages, and Ukraine's position in various international rankings is identifi ed. The article outlines the prospects for further development of digital innovations in Ukraine's agricultural sector and their signifi cance for ensuring sustainable agricultural development in the face of global changes. It is emphasized that the digital transformation of the agricultural sector is essential for improving the competitiveness and effi ciency of Ukrainian agriculture.

Аналіз надходження прямих іноземних інвестицій в Україну

The purpose of the study is to analyze the state, dynamics and structure of foreign direct investment (FDI) inflows in Ukraine. Such research methods as analysis, synthesis and comparison, graphical method were used. The article considers the theoretical foundations of the category of foreign direct investment, reveals the characteristic features. The significance of investments for the country’s economy is substantiated, a list of advantages of Ukraine in the context of investment attractiveness is provided. An analysis of the dynamics of foreign direct investment in the Ukraine showed that over the past 22 years there have been significant fluctuations. It is found that this is due to a number of factors, including: military operations, political instability, the coronavirus pandemic, and economic crises. The dynamics of the index of investment attractiveness of Ukraine is also considered; it is concluded that Ukraine has a fairly average investment attractiveness. However, at present there is again a relatively positive trend towards an increase in FDI inflows into the country’s economy, and under the conditions of a balanced economic policy, the end of the war, and the attraction of new investors, this trend may continue. Having considered the dynamics of the structure of foreign direct investment balances by country, it was possible to identify that in the period 2015–2022 the EU countries have invested in Ukraine’s economy. At that, the presence of countries that act as offshore zones is identified. This, in turn, carries certain threats and is a consequence of bribery and tax evasion. An important task of the Government of Ukraine should be to increase the level of attraction of economically and innovatively developed investments from leading countries, as well as to reduce the outflow of capital to offshore countries. Solutions in this direction can be the creation of innovation zones, the fight against corruption and the reform of the tax system. This will help attract new foreign investment, as well as increase the level of competitiveness of Ukraine in the world space. An analysis of the dynamics of the structure of foreign direct investment balances by types of economic activity for the same period showed that such sectors as industry, wholesale and retail trade, financial and insurance activities, real estate transactions represent the largest share. At the same time, such sectors of our country’s economy as energy, information technology, construction, industry (including agro-industry), transport and logistics, critical materials and green metallurgy have the greatest growth potential. In some of these areas, despite the existing challenges and problems, a positive investment trend is already noticeable today – large-scale projects are being developed and implemented. Prospects for further research in this direction are building a multifactor model for analyzing the impact of economic factors on the dynamics of foreign direct investment, as well as building a model for forecasting the indicator for future periods.