№ 11/2023

Fìnansi Ukr. 2023 (11): 22–33https://doi.org/10.33763/finukr2023.11.022

In memory of Viktor Fedosov

KRUPKA Mykhailo ¹, PIDKHOMNYI Oleg ², GUMENIUK Roman ³

¹Ivan Franko National University of Lviv
OrcID ID : https://orcid.org/0000-0002-8775-1397
²Ivan Franko National University of Lviv
OrcID ID : https://orcid.org/0000-0003-2642-8657
³Ivan Franko National University of Lviv
OrcID ID : https://orcid.org/0000-0002-8804-3114

The economic sense of the financial security in the attracting foreign investors to Ukraine system's concept

Introduction. For the full and effective reconstruction of Ukraine in the post-war period, it is necessary to attract significant amounts of foreign investments. At the same time, funding the country’s economy should meet national interests and be strategically far-sighted, scientifically justified and financially safe both for the country and for investors.
Problem statement. According to modern trends, the majority of scientists consider the concept of "financial security" at the macro level, generally , as a component of economic security. However, insufficient attention has been paid to the specific and at the same time critically important issue of determining financial security in the system of attracting foreign investors.
Purpose. The purpose of the article is provision of a scientifically based and practically oriented definition of the concept of "financial security in the system of attracting foreign investors".
Methods. General scientific methods are used: logical, historical, analysis, synthesis and comparison.
Results. It is proposed to determine the concept of "financial security in the system of attracting foreign investors" as the level of minimization of mutual threats and corresponding vulnerabilities from the standpoint of possible financial losses in relationships between local economic entities, the state, local self-government bodies, population, on the one hand, and foreign investors - on the other hand.
Conclusions. Determining the scientific and conceptual apparatus, namely the determination of "financial security in the system of attracting foreign investors", is of important theoretical and practical significance, as it allows to clearly outline the directions of further scientific research, which will result in the development of criteria and methodology for increasing the level of financial security in the system of attracting foreign investors, the implementation of which in practical activities will contribute to the growth of the investment attractiveness of Ukraine in general, as well as the successful implementation of individual investment projects.

Keywords:financial security, foreign investments, economic growth, risk-oriented approach, competitive environment, incentive system for attracting investors, investment attractiveness, investment environment

JEL: G30

KRUPKA M. . The economic sense of the financial security in the attracting foreign investors to Ukraine system's concept / M. . KRUPKA, O. . Pidkhomnyi, R. Gumeniuk // Фінанси України. - 2023. - № 11. - C. 22-33.

Article original in Ukrainian (pp. 22 - 33)

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