Preconditions for the formation of the investment policy of Ukraine as a key set of measures to ensure economic development

Authors

  • Natálie Veselá Mendel University in Brno
  • Dr. David Hampel Mendel University in Brno https://orcid.org/0000-0002-3865-5948
  • Dr. Kateryna Yahelska Donetsk National Technical University, Pokrovsk
  • Vitalii Krasko Donetsk National Technical University, Pokrovsk

DOI:

https://doi.org/10.15549/jeecar.v9i2.691

Keywords:

mechanisms of the economy, economic development, investments, investment attractiveness, preconditions, investment policy, Ukraine

Abstract

The article focuses on investments as a tool for solving economic development problems of the national economy. Based on the analysis of macroeconomic systems' development factors, it is concluded that it is necessary to accelerate economic development to ensure national competitiveness within the current global economy. The necessity of forming the organizational mechanism for the country's economic growth at a transitional stage of development is substantiated. The analysis of foreign investments in Ukraine is carried out. The paper defines the key points, tools, and measures for forming the corresponding mechanism on the example of Ukraine as an economic system in the transitional stage of development. The organizational scheme for economic growth by executive authorities is proposed. One of the critical roles in this mechanism is assigned to the Investment Department and Independent National Science Council; tasks and functions of these units in the structure of the agency are described.

Author Biographies

Dr. David Hampel, Mendel University in Brno

Doc. David Hampel is an Associate Professor at the Department of Statistics and Operation Analysis, Mendel University in Brno, Czech Republic. His research interests include statistical decision theory, operations research, and quantitative methods in economics. Currently, he serves as a Vice-Dean at the Faculty of Business and Economics.

Dr. Kateryna Yahelska, Donetsk National Technical University, Pokrovsk

Prof. Kateryna Yahelska is a Professor of the Department of Economics, Accounting and Taxation at Donetsk National Technical University, Pokrovsk, Ukraine. She teaches Marketing, Economic development, Taxation. She defended her doctoral dissertation on “The Theoretical and Methodological Principles of Advancing National Economic Development” in 2017 and received the degree of Doctor of Economic Sciences. She has more than 100 scientific papers on marketing and the transformation of economic systems, including two personnel monographs on advanced economic development. Research interests: marketing, public relations, investment, economic development.

Vitalii Krasko, Donetsk National Technical University, Pokrovsk

Vitalii Krasko is a senior lecturer of the Department of Economics, Accounting and Taxation at Donetsk National Technical University, Pokrovsk, Ukraine. He teaches System Analysis of Modern Economy, International Business, and Economic Modeling. He has about 30 scientific papers on system analysis, corporate control, information support of industrial enterprises. Research interests: corporate control, economic modeling.

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Published

2022-03-11

How to Cite

Veselá, N., Hampel, D., Yahelska, K., & Krasko, V. (2022). Preconditions for the formation of the investment policy of Ukraine as a key set of measures to ensure economic development. Journal of Eastern European and Central Asian Research (JEECAR), 9(2), 319–332. https://doi.org/10.15549/jeecar.v9i2.691