INVESTMENT SECURITY AS A COMPONENT OF ECONOMIC SECURITY
Main Article Content
Abstract
Introduction. To practically ensure economic security it is necessary to promote activation of the investment process. This will lead to sustainable economic growth, achievement of real structural changes in the economy, technical retooling and modernization, improvement of quality indicators of economic activity and living standards. Therefore, there is a need to research investment security and determine its value in the system of economic security.
Purpose. To investigate the role of investment security in ensuring national economic security.
Results. Investment security is an important component of economic security. Investment security is a combination of legal, social and environmental conditions that determine the type and dynamics of the reproductive process and ensure reliability and efficiency of reimbursement of invested capital. Threat analysis is an important component of investment security analysis.
The level of investment security depends on the development of foreign trade relations. Most of the exported products have raw-material and semi-raw material orientation. Therefore, foreign investors continue funding export-oriented enterprises, creating favorable investment environment.Development of the banking system is important for ensuring the investment security of the state. Cash demand contraction, reduction of the credit activity and deposits has led to a reduction of liquidity of the banks’ financial resources.
Devaluation of Chinese currency has led to the depreciation of the national currency, reduction of the customer purchasing power. These risks are domestic for the formation of investment security of the state. The volume of money remittance from abroad has recently increased. Funds are mainly invested in the housing construction. The funds can be attracted to the private sector of economy as the business environment for investment is improved.
Originality. The state and prospects of investment security formation as a basic component of economic security has been investigated.
Conclusion. In Ukraine investment security is shaky nowadays, and this significantly worsens the willingness of foreign investors to invest in the development of national economy. Currently there are no factors to help enhancing investment security of the state.
Domestic enterprises get their major investment resources from their own sources, savings. The volume of money remittance from abroad is a positive aspect. Particular attention should be paid to avoiding devaluation shocks, as it can deepen the imbalance in the investment market.
The real economy sector is also in stagnation, thus, it requires an increase in foreign direct investment.
Article Details
The authors published in this journal agree with following conditions:
1. The authors reserve to themselves the right to the authorship of their works and transfer the right of their first publication to the journal on the terms of Creatіve Common Attrіbutіon Lіcense which allows to freely extend to other persons the published work with an obligatory reference to the authors of the original work and its first publication in this journal.
2. The authors have the right to complete independent additional agreements concerning the not exclusive distribution of their work in the form in which it was published in this journal (for example, to place the work in the electronic storehouse of an establishment or to publish as a monograph component), under the condition of the preservation of the reference to the first publication of the work in this journal.
3. The journal’s policy allows and encourage the authors to place their manuscripts into the Internet (for example, in depositories of establishments or on personal web-sites) either before submitting of the manuscript for publication or during its editorial processing as it assists the occurrence of a productive scientific discussion and positively affects the efficiency and dynamics of citing of the published work.
AGREEMENT
ABOUT TRANSMISSION OF COPYRIGHT
I, the author of the article / We, the authors of the manuscript _______________________________________________________________________
in case of its acceptance for publication, we transfer the following rights to the founders and editorial boards of the scientific publication "BULLETIN OF THE CHERKASY BOHDAN KHMELNYTSKY NATIONAL UNIVERSITY. ECONOMIC SCIENCES. SERIES "ECONOMIC SCIENCES":
1. Publication of this article in Ukrainian (English, Russian, Polish) and distribution of its printed version.
2. Dissemination of the electronic version of the article through any electronic means (placing on the official journal web site, in electronic databases, repositories, etc.).
At the same time we reserve the right without consent of the editorial board and the founders:
1. Use the materials of the article in whole or in part for educational purposes.
2. To use the materials of the article in whole or in part for writing your own theses.
3. Use article materials to prepare abstracts, conference reports, and oral presentations.
4. Post electronic copies of the article (including the final electronic version downloaded from the journal's official website) to:
a. personal web-pecypcax of all authors (web sites, web pages, blogs, etc.);
b. web-pecypcax of the institutions where the authors work (including electronic institutional repositories);
with. non-profit, open-source web-pecypcax (such as arXiv.org).
With this agreement, we also certify that the submitted manuscript meets the following criteria:
1. Does not contain calls for violence, incitement of racial or ethnic enmity, which are disturbing, threatening, shameful, libelous, cruel, indecent, vulgar, etc.
2. Does not infringe the copyrights and intellectual property rights of others or organizations; contains all the references to the cited authors and / or publications envisaged by applicable copyright law, as well as the results and facts used in the article by other authors or organizations.
3. It has not been previously published in other publishers and has not been published in other publications.
4. Does not include materials that are not subject to publication in the open press, in accordance with applicable law.
____________________ ___________________
First name, Last name, signature of the author
"___" __________ 20__
References
Kulycky C. (2015). Problems of the Ukrainian economy in the context of threats to destabilize international financial markets (Ukraine: events, facts, comments), 21, 36-58. Retrieved from http://nbuviap.gov.ua/images/ukraine/2015/ukr21.pdf (іn Ukr.).
Financial Ministry of Finance Portal (2009-2015). Foreign exchange reserves (GCR) of Ukraine. Retrieved from http://index.minfin.com.ua/index/assets/ (іn Ukr.).
Institute of Strategic Studies "New Ukraine" (2015). The public debt of Ukraine: Risk Assessment aggravation of the situation by the end of 2015. Retrieved from http://newukraineinstitute.org/media/news/572/file/Debt0710.pdf (іn Ukr.).
Malinovska О. A. (2014). The transfers from migrants abroad: volume, channels, socio-economic importance. Kyiv: NISS. etrieved from http://www.niss.gov.ua/content/articles/files/Malinovska-2649a.pdf (іn Ukr.).
The official website of the State Statistics Service of Ukraine (2015). Retrieved from http://www.ukrstat.gov.ua (іn Ukr.).