ROLE OF UKRAINE'S POLICY AS REGARDS ATTRACTING FOREIGN INVESTMENTS

Abstract

Purpose – to develop recommendations for the creation of favorable conditions for foreign investment to facilitate restructuring of the economy. Methodology of research. During research used such methods: a method scientific abstraction – for formation of theoretical generalizations and conclusions; the method of deduction and induction – for disclosure of the contents of the investment policy; statistical and economic methods - for assessing the investment attractiveness; graphical method – for displaying statistical and analytical information; strategic analysis method – for definition of ways of increasing efficiency of investment activity. Findings. For further activation of foreign investment the state should, above all, solve the problems of macroeconomic stability and to intensify the action of complex levers investment regulation, namely, to create a legal and socio-economic foundations increase of necessary volumes of foreign investments; adhere strictly to the defined priorities in the development of the national economy; to have effective mechanism of public control over their implementation; to control and certain way to regulate a sectoral distribution of foreign investment; to have a balanced, reasoned policy for the establishment of tax incentives; to activate a credit policy to develop practice of providing guarantees under foreign credits not only by the government or the NBU, and also commercial banks. Originality. Substantiated and analyzed the basic theoretical conceptions to attract foreign direct investment, the investment climate and trends attraction of foreign investments to the economy. Practical value. Obtained results give proposals for regulating investment activities, and proposes main means of creating favorable conditions for activation of foreign investment.