THE CURRENT STATE OF INVESTMENT SECURITY IN UKRAINE IN THE CONTEXT OF COVID-19 AND ITS IMPACT ON THE FINANCIAL AND ECONOMIC SITUATION OF THE STATE

Authors

  • О. Bobrovska Bobrovska О. Doctor of Science in State Administration, Professor, Head of Economics and Regional Economic Policy Department, Dnipropetrovsk Regional Institute of Public Administration, National Academy for Public Administration under the President of Ukraine, Ukraine https://orcid.org/0000-0002-2174-9040
  • A. Lysachok Lysachok A. Ph. D. student of the Department of Management, The Lviv Regional Institute for Public Administration of the National Academy for Public Administration under the President of Ukraine, Ukraine https://orcid.org/0000-0002-5716-487X
  • T. Kravchenko Doctor of Science in Public Administration, Professor, Professor of the Department Public Administration and Land Management, Classic Private University Zaporizhzhia, Ukraine https://orcid.org/0000-0002-8627-6264
  • L. Akimova Doctor of Science in Public Administration, Professor, National University of Water and Environmental Engineering, Ukraine https://orcid.org/0000-0002-2747-2775
  • O. Akimov Doctor of Science in Public Administration, Associate Professor, Honored Economist of Ukraine, Professor of Public Administration Department, Interregional Academy of Personnel Management, Ukraine https://orcid.org/0000-0002-9557-2276

DOI:

https://doi.org/10.18371/fcaptp.v1i36.227770

Abstract

Ensuring stable economic development of the country is the main task of state authorities. Investment security is an important component of economic security, plays an important role during the sustainable development of the country’s economy. Modern globalization processes play an important role during the development of the system for the formation and protection of investment security. In addition, the emergence of the COVID-19 pandemic has led to the identification of new negative factors, endogenous and exogenous changes, which have made significant adjustments to the development of a stable economy in the country. To combat this pandemic, a state of emergency was introduced, it concerned either an entire country or a separate region or a separate sphere. The countries of the world, for their part, introduced sanitary and epidemiological measures to avoid the spread of the disease. The rapid introduction of these measures, as well as the development and implementation of steps that dealt with mitigating the consequences of the pandemic, caused a slowdown in economic development not only in the countries of the world, but also in Ukraine. The main factor in determining the level of investment security can be a study of the state of the investment climate in the country. The pandemic significantly affected the stability of the economy, in particular, created a negative field for ensuring investment security. Investments, being a long-term «feeding» of the economy, is not only a key condition for modernizing the national economy, but also the main factor of its economic security. The «safe» properties of investments are determined by the ability to make capital investments and production savings at a level that guarantees sufficient rates of expanded reproduction, technological re-equipment and economic restructuring, directly increases the potential for protecting economic interests from threats of various approaches. GDP. Assessment of the current level of investment made it possible to determine the adequacy of the provision of the Ukrainian economy with investments, is an indicator of the country’s investment security.

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Published

2021-02-17

How to Cite

Bobrovska О., Lysachok , A., Kravchenko , T., Akimova , L., & Akimov , O. (2021). THE CURRENT STATE OF INVESTMENT SECURITY IN UKRAINE IN THE CONTEXT OF COVID-19 AND ITS IMPACT ON THE FINANCIAL AND ECONOMIC SITUATION OF THE STATE. Financial and Credit Activity: Problems of Theory and Practice, 1(36), 233–242. https://doi.org/10.18371/fcaptp.v1i36.227770

Issue

Section

The models and process technology of the financial information