ECONOMIC EVENTS OF PUBLIC ADMINISTRATION ARE IN RELATION TO BRINGING IN OF INVESTMENTS

Authors

Abstract

The article explores conceptual approaches to improving public administration of investment processes at the regional level. Emphasis is placed on the fact that the state, through economic regulation measures, has the ability to purposefully influence not only the formation of domestic and foreign investment, but also the creation of conditions for their direction in the real sector of the economy.

It is emphasized that investments are the main instrument of formation of microeconomic and macroeconomic proportions. The deepening of inter-regional disparities in the levels of territorial provision of investment resources requires regional peculiarities and factors of the formation of the investment climate, an assessment of existing trends, and the implementation of predictive predictions of its transformation.

It is emphasized that improvement of the investment climate in Ukraine is impossible without effective regulation of investment activity in the regions. The lack of sound regional policy leads to tangible imbalances in the economy of the state. In connection with this, a key problem of national regional policy should be the development of a methodology for analyzing the investment attractiveness of the region.

The strategic task of the state management of investment activity is determined, the solution of which is aimed at stabilization and progressive development of the regional economy; restructuring of its economic complex, creation of attractive investment conditions.

The regional investment policy in the form of a cycle consisting of three separate independent stages is substantiated: conceptual, the stage of development of regional investment policy, the stage of its implementation.

It has been found that in order to accomplish this task it is advisable to intensify investment activity, which is a priority condition for stable development of the regions, which is able to attract financial and material resources of both domestic and foreign investors, as well as to use them rationally in the most priority sectors of the economy.

The work substantiates measures aimed at improving the state management of investment processes at the regional level.

Author Biographies

Микола Павлович Денисенко

Doctor of Economics, Professor of the Department of Business Economics and Tourism of Kyiv National University of Technology and Design

Олена Миколаївна Шапошнікова

Candidate of Sciences in Public Administration, Associate Professor at the National Technical University "Dniprovsk Polytechnic"

Олена Юріївна Будякова

Candidate of Economics, Senior Lecturer of the Department of Business Economics and Tourism of Kyiv National University of Technology and Design

Published

2020-02-20

How to Cite

Денисенко, М. П., Шапошнікова, О. М., & Будякова, О. Ю. (2020). ECONOMIC EVENTS OF PUBLIC ADMINISTRATION ARE IN RELATION TO BRINGING IN OF INVESTMENTS. Scientific Herald: Public Administration, 1(1(3), 53–65. Retrieved from https://nvdu.undicz.org.ua/index.php/nvdu/article/view/34