Factors of foreign direct investment attracting into economy of Ukraine’s regions

Economic Annals-ХХI: Volume 146, Issue 11-12, Pages: 88-92

Citation information:
Chychkalo-Kondratska, I., & Buriak, A. (2014). Factors of foreign direct investment attracting into economy of Ukraine’s regions. Economic Annals-XXI, 11-12, 88-92. https://ea21journal.world/index.php/ea-v146-22/

Iryna Chychkalo-Kondratska
D.Sc. (Economics),
Associate Professor,
Head of the Department of International Economics and Marketing,
Yurii Kondratyuk Poltava National Technical University
24 Pershotravnevyi Ave, Poltava, 36011, Ukraine
chichkalo.irina@gmail.com

Alona Buriak
Assistant Lecturer,
Yurii Kondratyuk Poltava National Technical University
24 Pershotravnevyi Ave, Poltava, 36011, Ukraine
a_buriak@ukr.net

Factors of foreign direct investment attracting into economy of Ukraine’s regions

Abstract. Introduction. In the last decade we observed a new wave of globalization where the economic linkage between countries has been strengthened mainly by foreign direct investment (FDI) flows. FDI is generally considered as a driving force in the integration of countries region into the globalization process that characterizes the world economy.

Purpose of the article is to determine modern investment processes features on the regional level, to fetch out and systematize factors that influence immediately foreign direct investment attraction into economy of Ukraine’s regions.

Results. The authors investigate modern investment flows trends into the regions of Ukraine. These flows’ aspects in the context of globalization are defined. The authors fetch out and systematize factors, which have immediate influence on foreign direct investment attraction into economy of Ukraine’s regions, and unravel the set of indicators characterizing them.

Conclusion. Among the major factors contributing to foreign direct investment attraction, are: natural-resources, labor, political-legal, economic, innovative, infrastructure, geographical and business factors.

Keywords: Foreign Direct Investment; Region; Factors of FDI Attracting; Investment Activities; Region’s Investment Attractiveness

JEL Classіfіcatіon: E20; F21; G31

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Received 10.05.2014