Investment support for economic development
Journal Title: Формування ринкових відносин в Україні. Збірник наукових праць - Year 2018, Vol 11, Issue 11
Abstract
The subject of the study is the mechanism of activation of investment processes in the economy. The purpose of the study is to create conditions for accelerating investment processes in terms of volumes and results for the growth rates of the national economy. Research methods. The paper uses general scientific and special methods: comparative analysis, logical–structural, analytical; systemic. Results of work. The interconnection of macroeconomic conditions, volumes of investments and GDP growth rates are analyzed in the article, the conditions for the transformation of investment volumes into economic development are formed. The field of application of results. Economics and management of the national economy, methods and mechanisms of regulation of economic processes and their effectiveness. Conclusions The Ukrainian economy is unstable, vulnerable to economic downturns (2009, 2014– 2015), has small (2.5–3% per year) post–crisis GDP growth rates, requires active and significant investment in its development. State investment policy requires more efficiency: macro–financial stability, faster growth of household incomes (stimulating aggregate demand), protection of investor’s property rights, promotion of local authorities to investors (new workplaces). Expected result is double the increase of GDP per unit of investment expenses, growth of the share of gross accumulation up to 25% of GDP.
Authors and Affiliations
Yu. O. RADELYTSKYY, A. O. PELEKHATYY
Keywords
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