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Investment Activity in the Border Territories of Ukraine and Directions of Its Activation
Andrushkiv I. P.

Andrushkiv, Iryna P. (2021) “Investment Activity in the Border Territories of Ukraine and Directions of Its Activation.” Business Inform 6:59–64.
https://doi.org/10.32983/2222-4459-2021-6-59-64

Section: Investment Processes

UDC 336.322

Abstract:
The article examines the directions of activation of investment activity in the border territories of Ukraine. The problems and obstacles to investment activity in the border regions are identified and directions of its activation are outlined. It is specified that in the process of international cooperation, including the cross-border activities, border territories play an important role and have a specific status. Regions at the present stage of economic development begin to play a significant economic, social and technological role in the formation of the territorial infrastructure of each particular country. The concepts of investment, investment climate, border region are considered. The factors of influence on the level of investment attractiveness of border regions are determined. A characterization of capital investments in the border regions of Ukraine is carried out. It is noted that the border regions have great potential for the development of investment activity, and their geographical location creates additional advantages. Priority directions of activation of investment processes in border regions and priority directions of developoing the investment potential, which would contribute to the increase of investments in border regions, are presented. It is concluded that investment is the dominant factor in the socio-economic growth of the border regions and the State in general. That is why conditions should be created at the State level that will increase investment attractiveness and, as a result, intensify investment activity. This will ensure active participation of the border regions of Ukraine in the processes of integration into the EU.

Keywords: border region, investments, investment climate, investment activity, innovation.

Fig.: 1. Tabl.: 3. Bibl.: 9.

Andrushkiv Iryna P. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Administrative and Financial Management, Lviv Polytechnic National University (12 Stepana Bandery Str., Lvіv, 79013, Ukraine)
Email: [email protected]

List of references in article

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Hura, A. O. “Investytsiinyi klimat v Ukraini: suchasnyi stan ta napriamy pokrashchennia“ [Investment Climate in Ukraine: Current State and Areas for Improvement]. Zbirnyk naukovykh prats Kharkivskoho natsionalnoho pedahohichnoho universytetu imeni H. S. Skovorody «Ekonomika». 2015. http://oaji.net/articles/2015/1053-1444984458.pdf
“Ekonomichni initsiatyvy zrostannia. Informatsiino-analitychnyi ohliad Dyrektsii Instytutu rozvytku ekonomiky Ukrainy“ [Economic Growth Initiatives. Information and Analytical Review of the Directorate of the Institute of Economic Development of Ukraine]. http://ireu.org.ua/2014/02/13/ekonomichni-iniciativi-zrostannya
Lendiel, M. A., and Myholynets, M. I. “Otsinka investytsiinoi pryvablyvosti pidpryiemstv Karpatskoho rehionu“ [Assessment of Investment Attractiveness of Enterprises in the Carpathian Region]. Investytsii: praktyka ta dosvid. 2010. http://www.investplan.com.ua/pdf/9_2010/6.pdf
Milashovska, O. I. “Prykordonnyi rehion yak obiekt doslidzhennia rehionalnoi ekonomiky“ [Border Region as an Object of Study of the Regional Economy]. Efektyvna ekonomika. 2010. http://www.economy.nayka.com.ua/?op=1&z=173
Mikula, N. Mizhterytorialne ta tranckordonne spivpobitnytstvo [Intertopitoral and Transnational Cooperation]. Lviv: IPD NAN Ukpainy, 2004.
Ofitsiinyi sait Derzhavnoho komiteta statystyky Ukrainy. http://www.ukrstat.gоv.ua
Studennikov, I. “Transkordonne spivrobitnytstvo ta yoho mistse v rehionalnomu rozvytku“ [Cross-border Cooperation and Its Place in Regional Development]. In Rehionalna polityka v krainakh Yevropy: uroky dlia Ukrainy, 138-167. Kyiv: Lohos, 2000.
Fisher, S., Dornbush, R., and Shmalenzi, R. Ekonomika [Economics]. Moscow: Delo, 1995.

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