DETERMINATION OF STRATEGIC GUIDELINES OF THE REGIONAL POLICY FOR IMPROVING THE REGION'S INVESTMENT ENVIRONMENT

Abstract

In the study, the attention to the problems of formation and implementation of regional investment policy is updated. The purpose of the article is to identify the strategic guidelines of the regional policy of improving the investment environment of the region. It is argued that the regions of Ukraine, including the rear and the Lviv region in particular, in the conditions of military aggression and total destabilization of the economy, experience an acute lack of financial resources to guarantee economic security and development, which actualizes the issue of improving mechanisms for attracting foreign investments, search for new sources of investment infusions, improvement of the financial and economic environment of the country and its regions. It has been proven that taking into account the development potential of the region is critically important when forming a proactive regional investment policy, because it allows defining a coherent and consistent strategy aimed at economic and social growth, strengthening the security and stability of territories in the face of the latest challenges. Strategic solutions are indicated, the practical approbation of which will improve the investment environment of the region. The possibilities of investment development of the region are shown, as well as its threats are identified, among which the need to overcome and eliminate such threats to the further development of investment processes in the region is emphasized. These are: the prolongation of the war and the aggravation of security challenges; demographic crisis, depopulation of territories, loss of human capital; tinization and withdrawal of capital from the country; high level of external migration activity of business; loss of basic components of innovative and technological potential; strengthening of structural and spatial disparities, sectoral and sectoral disintegration; socio-political uncertainty, preservation of institutional instability.