ECONOMIC AND LEGAL MEANS OF IMPLEMENTATION OF STATE INVESTMENT POLICY
Journal Title: Право та інновації - Year 2018, Vol 4, Issue 24
Abstract
Problem setting. The article investigates the issue of state regulation of economic relations, economic and legal means of implementation of the investment policy of the state and the form of implementation of the regulatory impact of the state on economic activity. It is proved that the means of state regulation fixed by the legislation and the means of legal regulation of public relations are the categories is a need for codification of investment legislation on its basis. Analysis of recent researches and publications. Research questions of economic and legal means of implementation of the investment policy of the state, state regulation of economic and industrial policy, analysis and research of problems of organizational-economic support of foreign investment and its separate aspects occupy a significant place in the works of scientists, business executives, namely: D. V. Zadykhailo, O. P. Podcerkovniy, V. V. Poedynok, O. R. Kibenko, V. I. Kukhar and the like. Target of research. The purpose of this article is to analyze the economic and legal means of implementation of the investment policy of the state and the forms of implementation of the regulatory impact of the state on economic activity. Article’s main body. State regulation of investment activity in Ukraine is an important component of the economic management system and a tool for the implementation of the investment policy of the state. The main task of state regulation is not to abolish the principles and mechanisms of market regulation, but to promote the creation of favorable conditions for the revitalization of economic entities on the basis of the market mechanism. Its main goal is to create conditions for dynamic, balanced socio-economic development of Ukraine. Uncertainty in the legislation of Ukraine regarding the legal mechanism of state regulation of economic relations, including economic and investment relations is a drawback, which frankly reduces the ability of the state to effectively influence economic processes, and therefore its ability to perform its functional duties. Conclusions and prospects for the development. Although the legislation, in particular part 3 of article 10 of the Economic code, investment policy is defined as a policy aimed at creating the necessary conditions for business entities to attract and concentrate funds on the needs of expanded reproduction of fixed assets, mainly in the sectors, the development of which is defined as the priorities of structural and sectoral policy, as well as ensuring effective and responsible use of these funds and control over them. However, in order to significantly improve the place of Ukraine in the rating of the investment sphere, the issue of improving the legal framework for improving the efficiency of mechanisms to ensure a favorable investment climate and the formation of the basis for preserving and improving the competitiveness of the domestic economy remains relevant.
Authors and Affiliations
V. V. Kudryavtseva
Keywords
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