Harakteristika faktorov formirovaniâinvesticionnogo klimata regiona v sovremennyhsocialʹno-èkonomi

Andrey V. Meshkov , Irina Bondaryeva , Oleksii Kvilinskyi

Abstract

The article considers the main factors influencing formation of the investment climate in territories with currently unstable socio-economic and political environment through the example of the Donetsk region. Among a wide range of characteristics that reflect the state of territories’ investment climate, the authors have distinguished and analyzed three major groups, which are the state of the political and legal environment, the level of economic development of the society, and the specifics of the socio-cultural environment. The most significant characteristics of the investment climate are identified. These include, first, such political and legal factors as the territory’s political stability and development of regulatory framework; second, economic factors that characterize the development of the investment infrastructure, the intensity of implementing innovations, the stability of the national currency, the transparency of the tax system, the maturity of the financial market in the variety of its forms; third, social factors reflecting the military risks and demographic (human resource) trends. Also, the article discusses influence of the following factors on the investment climate of crisis territories: reasonableness and sustainability of the concepts of the territory’s development; principles of the national budget formation; capacity and solvency of the internal market; availability of raw materials; level of the integrated logistics infrastructure formation; inflation rate; dynamics of growth of the gross domestic product, volume of capital investments, production output, logistics costs in supply chains; development of education and medicine; criminal and environmental risks; level of unemployment and informal employment; social hierarchy and relationships in the society; quality and availability of social infrastructure. Recommendations are made on how to overcome the crisis situation and gradually regenerate and improve investment climate in the Donetsk region. This implies going through three major stages: achievement of peace, optimization of labor resources quality, attraction and effective use of financial resources from various sources.
Author Andrey V. Meshkov - Donetsk National Technical University (Ukraine)
Andrey V. Meshkov,,
-
, Irina Bondaryeva - Donetsk National Technical University
Irina Bondaryeva,,
-
, Oleksii Kvilinskyi (WE / KPGiS)
Oleksii Kvilinskyi,,
- Department of Economic and Local Government Policy
Other language title versionsFactors of the Region’s Investment Climate Formation under Modern Socio-Economic Conditions
Journal seriesPerm University Herald. Economy / Vestnik Permskogo Universiteta. Seria Ekonomika, ISSN 1994-9960, (0 pkt)
Issue year2016
No2 (29)
Pages120-134
Publication size in sheets0.7
Keywords in Englishinvestment climate, Donetsk region, political and legal environment, economic development of society, socio-cultural factors
URL http://econom.psu.ru/upload/iblock/527/meshkov-a.v.-bondareva-i.a.-kvilinskiy-a.s.-kharakteristika-faktorov-formirovaniya-investitsionnogo-klimata.pdf
Languageru rosyjski
Score (nominal)5
ScoreMinisterial score = 0.0, ArticleFromJournal
Ministerial score (2013-2016) = 5.0, ArticleFromJournal - czasopismo zagraniczne spoza list
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