PROBLEMS OF INVESTMENT MARKET FUNCTIONING IN UKRAINE (EVIDENCE OF FOREIGN COUNTRIES)

Author
, assistant, Kharkiv, Pushinska, 77

In heading

 Law;

Signed print

 11.09.2015

Issues number

 2015 - № 3 (22)

Page

 158-171

Type of articles

 Scientific article

Code UDK

 346.543

ISSN print

 2411-5584

Abstract

 Problem setting. Defining an investment market as a developing system means that such a system should be an object to permanent monitoring. This assertion assumes exceptional importance in the context of providing adequate legal forms of market
functioning.
Recent research and publications analysis. An issue of analysis and research of problems regarding organizational and economic support of foreign investing and its certain aspects are thoroughly considered in scientific papers of D. V. Zadykhailo, V. K. Mamutov,
V. M. Pashkov, O. P. Podtserkovnyi, V. A. Ustymenko, V. S. Shcherbyna, etc.
Paper objective. The article objective is to analyze organizational and economic powers of foreign entities of public law regarding foreign investing and determination of forms of implementation of organizational and economic powers by Ukrainian state authorities.
Paper main body. Escalation of international competition for involvement of investments, especially from the international investment market, gradually results in expansion of a list of functional working load of agencies for foreign investing. This expansion is realized due to foundation of agency representatives, especially in countries, where significant investment potential is concentrated. State authorities also apply an approach consisting in transferring certain functions to diplomatic representatives.
Conclusions of the research. Some peculiar features are inherent to the investment area of Ukraine. They are as follows: ineffective investment and depreciation policy of the state; imperfectness of the legislative basis; unfavorable investment climate; legal instability, low efficiency of the economy, corruption, inadequate tax burden; undeveloped investment culture; undeveloped investment market infrastructure; absence of a program of effective cooperation with a strategic foreign investor.
The main problems of investment market development in Ukraine contains: absence of a system of guaranteeing personal investment in investment funds; a considerable level of distrust of the financial system; undeveloped regional networks of a majority of asset management companies; considerable tax burden.

Keywords

 Foreign investing, facilitation of foreign investing, foreign investing agencies.

Reviewer

 Zadyhailo D. V., doctor of legal Sciences, Professor, Yaroslav Mudryi National Law University, Kharkiv, Ukraine.

External reviewer

 Alisov Ye. O., doctor of legal Sciences, Professor, Yaroslav Mudryi National Law University, Kharkiv, Ukraine.

Article in PDF

 3 158-171

Bibliography

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29.06.2015