MACROECONOMIC ANALYSIS AND FORECASTING OF FOREIGN DIRECT INVESTMENT INFLOW: EVIDENCE FROM UKRAINE

Attracting foreign investment is a viable means of ensuring the economic growth of any country. The relevance of the study is substantiated by the creation of a favorable investment climate in the country, which will allow the establishment of guarantees of protection of foreign investments and sta...

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Main Authors: Алла Дмитренко, Оксана Фурманчук, Олена Кравченко, Євгенія Карпенко, Олена Коба, Джон О. Айєдогбон
Format: Article
Language:English
Published: FINTECH Alliance LLC 2022-12-01
Series:Фінансово-кредитна діяльність: проблеми теорії та практики
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Online Access:https://fkd.net.ua/index.php/fkd/article/view/3926
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author Алла Дмитренко
Оксана Фурманчук
Олена Кравченко
Євгенія Карпенко
Олена Коба
Джон О. Айєдогбон
author_facet Алла Дмитренко
Оксана Фурманчук
Олена Кравченко
Євгенія Карпенко
Олена Коба
Джон О. Айєдогбон
author_sort Алла Дмитренко
collection DOAJ
description Attracting foreign investment is a viable means of ensuring the economic growth of any country. The relevance of the study is substantiated by the creation of a favorable investment climate in the country, which will allow the establishment of guarantees of protection of foreign investments and stability of the legal basis for entrepreneurship performance. The article aims to analyze and forecast the inflow of foreign direct investment (FDI) into Ukraine. In order to achieve the stated purpose, the econometric model was developed, which demonstrates the correlation between macroeconomic indicators, their characteristics and the amount of FDI. A set of general scientific and special research methods were used, in particular: induction and deduction, grouping, summarization, comparison, complex and systemic approaches. The article reveals the essence of foreign investment for the Ukrainian economy and defines the characteristics of FDI. The impact of FDI on the economy of Ukraine is analyzed in detail and the conditions for their attraction are substantiated. Using statistical methods, the structure and dynamics of FDI by types of economic activity and investor countries are investigated. The conducted research has shown that through the attraction of foreign direct investment economic growth, the well-being of the population, the reduction of foreign indebtedness and efficient state capital investments are ensured. Taking all this into account the necessary preconditions for the attraction of foreign direct investments into the Ukrainian economy were substantiated.
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spelling doaj.art-262122afe76a4188ba655fe26a87e0c02023-09-03T13:09:57ZengFINTECH Alliance LLCФінансово-кредитна діяльність: проблеми теорії та практики2306-49942310-87702022-12-0164710.55643/fcaptp.6.47.2022.3926MACROECONOMIC ANALYSIS AND FORECASTING OF FOREIGN DIRECT INVESTMENT INFLOW: EVIDENCE FROM UKRAINEАлла Дмитренко0Оксана Фурманчук 1Олена Кравченко 2Євгенія Карпенко 3Олена Коба 4Джон О. Айєдогбон5D.Sc. in Economics, Associate Professor of the Department of Finance, Banking and Taxation, Yuri Kondratyuk Poltava Polytechnic National University, Poltava, UkrainePhD in Economics, Associate Professor of the Department of Finance, Banking and Taxation, Yuri Kondratyuk Poltava Polytechnic National University, Poltava, UkrainePhD in Economics, Associate Professor of the Department of Accounting and Taxation, Sumy State University, Sumy, UkrainePhD in Economics, Associate Professor of the Department of Finance, Banking and Taxation, Yuri Kondratyuk Poltava Polytechnic National University, Poltava, UkrainePhD in Engineering, Associate Professor of the Department of Finance, Banking and Taxation, Yuri Kondratyuk Poltava Polytechnic National University, Poltava, UkrainePhD in Economics, Professor of the Department of Economics, Faculty of Social Sciences, Bingham University, Nigeria Attracting foreign investment is a viable means of ensuring the economic growth of any country. The relevance of the study is substantiated by the creation of a favorable investment climate in the country, which will allow the establishment of guarantees of protection of foreign investments and stability of the legal basis for entrepreneurship performance. The article aims to analyze and forecast the inflow of foreign direct investment (FDI) into Ukraine. In order to achieve the stated purpose, the econometric model was developed, which demonstrates the correlation between macroeconomic indicators, their characteristics and the amount of FDI. A set of general scientific and special research methods were used, in particular: induction and deduction, grouping, summarization, comparison, complex and systemic approaches. The article reveals the essence of foreign investment for the Ukrainian economy and defines the characteristics of FDI. The impact of FDI on the economy of Ukraine is analyzed in detail and the conditions for their attraction are substantiated. Using statistical methods, the structure and dynamics of FDI by types of economic activity and investor countries are investigated. The conducted research has shown that through the attraction of foreign direct investment economic growth, the well-being of the population, the reduction of foreign indebtedness and efficient state capital investments are ensured. Taking all this into account the necessary preconditions for the attraction of foreign direct investments into the Ukrainian economy were substantiated. https://fkd.net.ua/index.php/fkd/article/view/3926investmentsforeign investmentsFDIinvestment climateeconomycorrelation
spellingShingle Алла Дмитренко
Оксана Фурманчук
Олена Кравченко
Євгенія Карпенко
Олена Коба
Джон О. Айєдогбон
MACROECONOMIC ANALYSIS AND FORECASTING OF FOREIGN DIRECT INVESTMENT INFLOW: EVIDENCE FROM UKRAINE
Фінансово-кредитна діяльність: проблеми теорії та практики
investments
foreign investments
FDI
investment climate
economy
correlation
title MACROECONOMIC ANALYSIS AND FORECASTING OF FOREIGN DIRECT INVESTMENT INFLOW: EVIDENCE FROM UKRAINE
title_full MACROECONOMIC ANALYSIS AND FORECASTING OF FOREIGN DIRECT INVESTMENT INFLOW: EVIDENCE FROM UKRAINE
title_fullStr MACROECONOMIC ANALYSIS AND FORECASTING OF FOREIGN DIRECT INVESTMENT INFLOW: EVIDENCE FROM UKRAINE
title_full_unstemmed MACROECONOMIC ANALYSIS AND FORECASTING OF FOREIGN DIRECT INVESTMENT INFLOW: EVIDENCE FROM UKRAINE
title_short MACROECONOMIC ANALYSIS AND FORECASTING OF FOREIGN DIRECT INVESTMENT INFLOW: EVIDENCE FROM UKRAINE
title_sort macroeconomic analysis and forecasting of foreign direct investment inflow evidence from ukraine
topic investments
foreign investments
FDI
investment climate
economy
correlation
url https://fkd.net.ua/index.php/fkd/article/view/3926
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