Assessment of countries’ international investment activity in the context of ensuring economic security
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Author(s)Olha ZakharovaLink to ORCID Index: https://orcid.org/0000-0002-8718-0205
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Olga BezzubchenkoLink to ORCID Index: https://orcid.org/0000-0001-6791-3881
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Khrystyna MityushkinaLink to ORCID Index: https://orcid.org/0000-0002-4258-4433
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Tamara NikolenkoLink to ORCID Index: https://orcid.org/0000-0001-7025-6317
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DOIhttp://dx.doi.org/10.21511/ppm.18(4).2020.07
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Article InfoVolume 18 2020, Issue #4, pp. 72-84
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- 668 Views
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162 Downloads
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Creative Commons Attribution 4.0 International License
For the vast majority of countries, creating a favorable investment environment, which determines the possibility of attracting foreign capital, is a prerequisite for economic growth, addressing issues of national interests and a sufficient level of economic security. The presented article aims to assess the development of international investment activities to ensure countries’ investment security as components of economic security. Using multidimensional evaluation methods, construction of complex indicators, methods of statistical grouping, measurement of stochastic relationships, the integrated level of investment security of Central and Eastern European countries is determined. The assessment results showed that such countries as Estonia, the Czech Republic, Latvia, Poland, Hungary, and Romania have the highest level of investment security and are among the countries that have strengthened their investment security positions over the period. The countries’ evaluation shows that 46% of the countries surveyed were classified as countries with a safe level of investment development. According to the results of correlation analysis, it was determined that the Investment Security Index is more correlated with the state of the investment climate of the country; in the group of Central and Eastern European countries, there is a close correlation with the level of investment attractiveness, which means that for these countries, macroeconomic stability and stable dynamics of socio-economic growth are the factors determining investment opportunities. The obtained results should be considered to identify the basic risks of the investment environment.
- Keywords
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JEL Classification (Paper profile tab)F21, F52
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References20
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Tables6
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Figures0
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- Table 1. Central and Eastern European countries’ ranks by indexes
- Table 2. Investment Security Index
- Table 3. Investment security indexes of the of CEEC in 2008−2018
- Table 4. Positions of CEEC in the rating of countries according to the level of the investment component of security
- Table 5. Distribution of countries by level of investment security
- Table 6. Evaluation of correlation between the integrated Investment Security Index and its components
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Yuniarti Fihartini ,
Arief Helmi ,
Meydia Hassan ,
Yevis Marty Oesman
doi: http://dx.doi.org/10.21511/im.17(3).2021.02
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The role of foreign direct investment and trade on carbon emissions in Turkey
Gizem Kaya , M. Özgür Kayalica 
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Merve Kumaş ,
Burc Ulengin
doi: http://dx.doi.org/10.21511/ee.08(1).2017.01
Environmental Economics Volume 8, 2017 Issue #1 pp. 8-17 Views: 2012 Downloads: 998 TO CITE АНОТАЦІЯThis study aims to observe the long run and short run effects of gross domestic product, foreign direct investment inflows and trade on CO2 emissions and causality relationships between these factors, using annual data for the period of 1974-2010. The empirical results demonstrate that the inverted U-shaped relationship of environmental Kuznets curve is valid for Turkey. In addition, there are positive long run effects of foreign direct investment and trade openness on CO2 emissions. The authors also find a bidirectional causality relationship between CO2 emission and FDI.
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Alina Bukhtiarova ,
Arsen Hayriyan ,
Nikol Bort ,
Andrii Semenog
doi: http://dx.doi.org/10.21511/im.14(4).2018.03
FinTech startups and services are one of the most dynamic segments of the modern economy. New financial technologies have already attracted many investors and form millions of budgets. Changing the traditional financial services concept, FinTech companies formed a new niche within the financial services market, the dynamic development of which determines the relevance of the development and implementation of an effective regulatory and oversight system.
The purpose of the article is to develop an economic and mathematical model for forecasting the development of the FinTech market on the example of Ukraine. In order to study the development of the FinTech industry, a multiple regression model was presented. The model describes the dependence of the total investment value of FinTech from venture investments in financial technology, venture investments in other technologies and venture investments in online lending. Based on this model, the effect of attracting investments with new FinTech projects on the total volume of investments in the industry was clarified. According to the model, with a change in investments in FinTech by 1%, the total rate of venture investments decreases by 0.03, funds in new projects of other companies grow by 0.05, and venture investments in online lending increase by 0.89. According to the analysis of regulatory legislation in the foreign countries of the FinTech services sphere, it was found that the regulation of most of the risks associated with the development of FinTech services falls within the competence of different supervisory authorities, requiring cross-sectoral cooperation between public institutions.
