CONSTANT DEVELOPMENT OF THE SOCIETY: IMPROVED METHODICAL APPROACH TO THE MANAGEMENT OF THE INVESTMENT ATTRACTIVENESS OF UKRAINIAN REGIONS IN THE POST-WAR PERIOD

Authors

DOI:

https://doi.org/10.36690/2674-5208-2022-3-37

Keywords:

investments, regions, investment policy, investment attractiveness, development, improved methodical approach, management model

Abstract

Implementation of the balanced adequate investment policies of the nation and its regions in the post-war period with the consideration of their investment attractiveness helps in the achievement of the constant development of the society. The goal of this article is to develop the improved methodical approach to the management of the investment attractiveness of the regions in the conditions of the nation’s and its region’s transition to the constant development in the post-war period. The methodical basis of this article lies in the application of general scientific methods that serve as a proof of certainty of the obtained results and their conclusions: monographic, comparative, logical, statistical and economical analysis (factor analysis with the principal component method), synthesis, generalizing, graphical, golden section search method, etc. The developed improved methodical approach to the management of the investment attractiveness of the regions in the conditions of the nation’s and its region’s transition to the constant development in the post-war period is the essence, the instrumental basis of the model of its assessment and is based on: the usage of the specifical list of indicators of assessment of the investment attractiveness of the regions depending on the peculiarities of their functioning, and the presence of competitive advantages; the proposed usage of individual methods of the formation of the corresponding indicator systems. The implementation of the assessment of the investment attractiveness developed improved methodical approach in practice and its application as threshold values for its proposed levels at specified intervals allows for economical interpretation of defined integral indicator and for comparison of the results in the dynamics for the sake of rebuilding the country in the post-war period with the consideration of the possibility of its transition to the constant development.

Downloads

Download data is not yet available.

Author Biographies

Mykola Denysenko, Scientific Center of Innovative Researches

Doctor of Science (Economics), Professor, Scientific Center of Innovative Researches, Tallinn, Estonia

Svitlana Breus, European University

Doctor of Science (Economics), Professor, European University, Kyiv, Ukraine

References

Breus, S., Bielialov, T., Denysenko M., Zarichniak A. & Al-Tmeizi A. (2019). Strategic Management of Deployment of Innovation Projects at the Enterprise. Academy of Strategic Management Journal, Volume 18, Special Issue 1, pp. 1–5.

Denysenko, M. P. (2016). Foreign investments in the economy of Ukraine Actual Problems of Economics, vol. 181, issue 7, pp. 70–77.

Denysenko, M. P. & Breus, S. V. (2021). Foreign experience regionally administration and possibilities of its implementation in Ukraine. Investytsiyi: praktyka ta dosvid, no. 5, pp. 56–60. doi: 10.32702/2306-6814.2021.5.56

Tsanko, O. (2017). Principles of sustainable developmentand problems of public investment policy formation. Efficiency of public administration, vol. 4 (53), part 2, pp. 189–196.

Tarabukina, O. M. (2010). Investment attractiveness of territory as a motivating factor of investment activity. Investytsiyi: praktyka ta dosvid, no. 12, pp. 8–11.

Kozachenko, H. V., Antipov, O. M., Liashenko, O. M. & Dibnis, H. I. (2004). Management of investments at the enterprise. Kyiv.: Libra, P. 368.

Tymofiieva, S. B. (2016). The competitive advantages of the region and their impact on regional infrastructure parameters. Global and National Problems of Economy, vol. 9, pp. 512–515. Retrieved from: http://global-national.in.ua/archive/9-2016/105.pdf

Kaplan, R. S. & Norton, D. P. The Balanced Scorecard – Measures that Drive Performance. Retrieved from: https://hbr.org/2005/07/the-balanced-scorecard-measures-that-drive-performance

Kharazishvili, Yu. M., Sukhorukov, A. I. & Krupelnytska, T. P. (2013). Regarding the improvement of the methodology of integral assessment of the level of economic security of Ukraine: an analytical note. Retrieved from: http://www.niss.gov.ua/articles/1358/

The official site of LIGA 360 (2003). On the approval of the Methodology for calculating integral regional indices of economic development / Order No. 114 dated 04.15.2003 / State Statistics Committee of Ukraine. The order became invalid (according to the order of the State Statistics Service of Ukraine dated March 25, 2016 No. 48). Retrieved from: http://search.ligazakon.ua/l_doc2.nsf/link1/FIN7184.html

The official site of Ministry of Economy of Ukraine (2013). Methodical recommendations for calculating the level of economic security of Ukraine / Order of the Ministry of Economic Development of Ukraine dated October 29, 2013. No. 1277. Retrieved from: https://www.me.gov.ua/Documents/List?lang=uk-UA&id=d4c96730-ea46-4ebd-ba92-60631a3e2e69&tag=MetodichniRekomendatsiiMakroekonomika.

Breus, S.V. (2019). Managing the economic security of higher education institutions: problems using hierarchical-facet method. Uzhorod National University Herald. International Economic Relations And World Economy, vol. 24, part 1, pp. 55–63.

Breus, S.V. (2018). Development of evaluation model of economic security institutions of higher education. Financial and credit activity: problems of theory and practice, vol. 2, no. 25, pp. 176–182.

Denysenko, M. P. & Breus, S. V. (2022). A model for managing the investment attractiveness of regions in terms of ensuring sustainable development of society. “Sustainable development of the agrarian sphere: engineering and economic support”, materials of the IV International Scientific and Practical Conference, P. 201 (pp. 50-55). FOP Odnoroh T.V., Ukraine.

Downloads

Published

2022-09-30

How to Cite

Denysenko, M., & Breus, S. (2022). CONSTANT DEVELOPMENT OF THE SOCIETY: IMPROVED METHODICAL APPROACH TO THE MANAGEMENT OF THE INVESTMENT ATTRACTIVENESS OF UKRAINIAN REGIONS IN THE POST-WAR PERIOD. Economics, Finance and Management Review, (3), 37–42. https://doi.org/10.36690/2674-5208-2022-3-37

Issue

Section

Chapter 1. Current trends in economic development

Most read articles by the same author(s)