FOREIGN INVESTMENT AS A FACTOR OF ECONOMIC REVIVAL OF THE STATE

Abstract

The article examines the current state of attracting foreign investment in recent years. The dynamics of foreign investment are presented, and monitoring of attracting foreign investment into the economy of Ukraine is carried out. The sectors of the national economy of Ukraine that attract the most foreign investment are characterized. The reasons that have a negative impact on the volume of their attraction are substantiated. The focus is on the key factors influencing the attraction of foreign investment, the investment field, and a favorable investment climate. Methodology. The sectoral structure of the distribution of foreign direct investment and their distribution by type of economic activity are studied. It is established that in terms of sectoral attractiveness, the priority areas for investment are industry and agriculture. The necessity of attracting foreign investment in modern conditions is substantiated, the main problems of foreign investment inflow are outlined and the main ways of solving them are proposed. The role of foreign investment in the economic growth of Ukraine is considered, factors that provide a positive impact on the investment climate and problems of forming a favorable investment environment are identified. Investments, including foreign ones, are not only a mechanism for development, but also a way of regulating the economy through capital transfers. Results. The purpose of the article is to analyze foreign direct investment as a factor of economic growth of the state. At the current stage of market development, foreign investments are the main source of obtaining the latest competitive technologies. At the same time, the chances of applying best practices in the field of obtaining new technologies and cash circulation during a protracted crisis are increasing. Practical implications. Therefore, among the problems that require immediate resolution, one of the first places is occupied by the problem of lack of investment resources in the Ukrainian economy and the creation of favorable conditions for their accumulation. Value / originality. It is worth noting that the processes of economic growth are determined by the volume and growth rates of investments, their structure and qualitative characteristics. It has been proven that for the full operation of enterprises and business structures there is a need to finance their current activities, introduce new technologies, insure existing risks, and develop trade and transport infrastructure.