INTERNAL SOURCES OF INVESTMENTS AS A KEY DRIVER FOR THE SOCIOECONOMIC DEVELOPMENT OF UKRAINE
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Abstract
Introduction. Analysed the state and usage of internal sources of investments in capital assets, revealed the ways of investment policy in Ukraine activation, paid attention to the necessity of foreign experience borrowing as regards the exploitation of investment internal sources.
Purpose. To disclose potential capabilities of investment increasing in fixed capital using such sources as income, depreciation fund, state budget, local budgets, bank loans and other lending; display challenges of borrowing money from the population by banks in present-day conditions.
Methods. Theoretical analysis of investment internal sources usage in capital assets in Ukraine.
Results. Analysed theoretical approaches of various scholars to a role of internal sources of investments in capital assets, revealed the status of investment internal sources exploitation in Ukraine, found out the drivers of investment increasing in capital assets, suggested to use foreign experience under conditions of the market transformations of the economy, argued the leading role of internal sources of investments in capital assets and development.
Originality. Proved the leading role of internal sources of economy investing in modern conditions. All that done taking into account the world experience in general and countries with economies in transition in particular.
Conclusion. Internal sources of investments, in particular – profits of the firm, depreciation expenses, long-term commercial bank loans, state and local budgets – play a crucial role in financing capital assets and economic development.
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