FINANCIAL AND ECONOMIC TOOLS FOR STRENGTHENING INVESTMENT SECURITY OF THE BUSINESS SECTOR OF THE NATIONAL ECONOMY OF UKRAINE
DOI:
https://doi.org/10.31891/mdes/2024-11-26Keywords:
investment activity, investment security, business sector, strengthening mechanisms, financial and economic instruments, war, challenges, threats, risksAbstract
The study draws attention to the issues of ensuring investment security at the sectoral level. Namely, at the level of the entrepreneurial sector of the national economy with the use of the financial and economic instruments of state regulation of the economy for such purposes. The purpose of the research is to form a system of effective financial and economic instruments for strengthening investment security of the entrepreneurial sector of the national economy of Ukraine in conditions of instability. A meaningful description of the concept of investment security of the entrepreneurial sector of the national economy and its place among the concepts of investment "climate", "attractiveness" and "competitiveness" are provided. Investment security of the business sector is proposed to be interpreted as a state of protection of investment processes from internal and external challenges, risks and threats, as well as investments and return of capital, property and assets of business entities; ability to realize own investment interests. A system of financial and economic tools for strengthening the investment security of the entrepreneurial sector of the national economy of Ukraine in crisis conditions has been defined, the implementation of which is focused on reducing the level of wear and technological modernization of the fixed assets of the entities of the entrepreneurial sector; growth in volumes, as well as the level of investment relative to the value of assets of business sector entities; increasing the share of foreign investment in the capital structure of business sector entities; increase in the number of investment projects (including at the expense of direct foreign investment) implemented by entities of the business sector; increase in investment volumes and growth in the number of investment projects of business sector entities in the innovative and technological sphere. The implementation of the specified tools in the aggregate is oriented towards a systematic approach to strengthening investment security in the business sector of the national economy of Ukraine in crisis conditions.
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