The influence of socio-economic instability on investment attractiveness of Ukrainian economy

Volodymyr Vydobora
PhD in Economics, Associate Professor, Department of General Economic Theory and Economic Policy, Odessa National Economics University, Ukraine, е-mail: kef@oneu.edu.ua, ORCID ID: https://orcid.org/0000-0003-2255-0970

Cite this article:

Vydobora, V. (2018). The influence of socio-economic instability on investment attractiveness of Ukrainian economy. Ed.: M. Zveryakov (ed.-in-ch.) and others [Vplyv sotsialno-ekonomichnoi nestabilnosti na investytsiinu pryvablyvist ekonomiky Ukrainy; za red.: М. I. Zveriakova (gol. red.) ta in.], Socio-economic research bulletin; Vìsnik socìal’no-ekonomìčnih doslìdžen’ (ISSN 2313-4569), Odessa National Economic University, Odessa, No. 2 (66), pp. 9‒17.

Abstract

The problem of influence of social and economic instability on investment attractiveness of Ukrainian economy is considered in the article. The formation of a holistic view of investment attractiveness and factors that determine it is an important component of solution to this problem. The issue of improvement of investment attractiveness of Ukrainian economy in the conditions of socio-economic instability is analyzed, which is one of the main problems of economic developments of Ukraine. The main factors creating investment attractiveness of Ukrainian economy are identified in the article. The dynamics and areas of foreign capital inflows are disclosed. The state of investment attractiveness of Ukraine according to international rating estimations and the main problems of attracting capital to the domestic economy are determined. The influence of social factors on the level of foreign investment inflows is estimated by the method of statistical analysis. The ways to increase the investment attractiveness of Ukrainian economy in the conditions of social and economic instability are suggested.

Keywords

investment attractiveness; foreign investments; national economy; social and economic instability; index of investment attractiveness.

JEL classification: E220; F620; O110; O520; DOI: https://doi.org/10.33987/vsed.2(66).2018.9-17

UD classification: 330.322

References

1. Іvashchenko, A. І. (2012). Directions of strengthening the investment climate in Ukraine [Napriamy zmіtsnennia іnvestytsіinoho klіmatu Ukrainy], Naukovyi vіsnyk NLTU Ukrainy, No. 2, s. 231–236 [in Ukrainian]
2. Novak, І. (2015). Favorable investment climate as a factor of accelerating investment in Ukraine [Spryiatlyvyi іnvestytsіinyi klіmat yak faktor aktyvіzatsіi іnvestuvannia v Ukrainі], Vіsnyk TNEU, No. 2, s. 18–27 [in Ukrainian]
3. Stefankіv, O. M., Danylyshyn, V. І. (2014). Investment attractiveness of Ukrainian economy [Investytsiina pryvablyvist ekonomiky Ukrainy], Efektyvna ekonomika: elektronnyi zhurnal, No. 5, available at: http://www.economy.nayka.com.ua/?op=1&z=3031 [in Ukrainian]
4. Mayorova, T. V., Dyba, M. І., Onishko, S. V. and other (2012). Activation of the investment process in Ukraine: a collective monograph. Ed. by T. V. Mayorova, M. І. Dyba [Aktivіzatsіia іnvestytsіinoho protsesu v Ukrainі: kolektyvna monohrafіia; za nauk. red. M. І. Dyby, T. V. Mayorovoi], DVNZ «Kyivskyi natsionalnyi ekonomichnyi universytet іm. V. Hetmana», Kyiv, 472 s. [in Ukrainian]
5. Statistical Yearbook of Ukraine for 2010‒2016 [Statystychnyi shchorіchnyk Ukrainy za 2010–2016 roky: zbirnyk], Derzhavna sluzhba statystyky Ukrainy, available at: https://ukrstat.org/uk/druk/publicat/Arhiv_u/01/Arch_zor_zb.htm [in Ukrainian]
6. Investment attractiveness index of Ukraine: second half-year 2016 [Іndeks іnvestytsіinoi pryvablyvostі Ukrainy: druhe pіvrіchchia 2016 r.], available at: http://www.eba.com.ua/ static/press-releases/IAI_H2_2016_PRESENTATION_UKR.pdf [in Ukrainian]
7. Ranking of countries on investment attractiveness BDO International Business Compass (IBC) 2016 [Reitynh krain za іnvestytsіinoiu pryvablyvіstiu BDO International Business Compass (IBC) 2016], available at: https://www.bdo-ibc.com/fileadmin/dokumente/BDO-IBC-Summary-2016_ENG.pdf [in Ukrainian]
8. Index of Economic Freedom 2016, available at: http://www.transparency.org/country/#UKR.
9. Doing Business 2016 Report, available at: http://www.worldbank.org/en/events/2015/11/11/ doing-business-2016-report.