A STATE LEGAL INvESTMENT POLICY AND STRUCTURAL PROCESSES IN THE NATIONAL ECONOMY
Journal Title: Економічна теорія та право - Year 2015, Vol 1, Issue 20
Abstract
Problem setting. Nowadays, organizational and legal forms of investment activity professional actors are of considerable importance for providing the efficiency of investment policy legislative support. Recent research and publications analysis. Problematics of the economic and legal support of formation and realization of the state investment policy is a subject to complex monograph researches of numerous scientists, namely V. I. Kukhar. Problematics of the improvement of the investment legislation sense is a subject to researches of O. M. Vinnyk, O. R. Kibenko, V. M. Kossak, V. V. Kudriavtseva, L. V. Taran, etc. Paper objective. The article objective is to determine distinctive economic and legal peculiarities of a contemporary stage of the investment support of national economy needs, taking into account circumstances of the Ukrainian membership in the WTO, the necessity of thorough structural rebuilding, and the acuity of problems of economic and, particularly, investment and energy security. Paper main body. Nowadays, there is a need of significant modernization of the investment legislation. Measures of the state influence on investment relationships should not contradict with requirements of the WTO. In turn, it is worth mentioning that some sectors of the industrial production are regulated by the WTO agreements on the basis of a special regime. This circumstance should be taken into consideration and applied. Conclusions of the research. Issues of investment relationships between the state and the state industrial sector and the division of state enterprises into state commercial and state-funded ones require further research. An investment support mechanism must be created depending on the topicality of investment needs of development of one or another industrial sector, a form of ownership for assets, a type of an enterprise (sole or corporate), an ownership structure, the asset monopolization degree, and existing investment priorities. The state influence measures are aimed at the stimulation of innovative processes at different stages of the economic activity, including the intensification of realization of goods and services, which contemplates an active process of profit reinvestment. Short Abstract for an article A state legal in vestment policy and structural processes in the national economy Abstract. The article is dedicated to the research of issues of the periodization of state investment policy stages and changes of its goals and the instrumental support. Having examined the contemporary position of different industrial sectors, the author considers the necessity of the system differentiation of legal mechanisms of such a policy, which will be of considerable importance for key economic branches and the solution of important universal economic matters of the investment support.
Authors and Affiliations
В. О. Бударна
Keywords
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