The Investment Capacities of the Ukrainian Economy the EU countries
Journal Title: Науковий вісник Національної академії статистики, обліку та аудиту - Year 2017, Vol 0, Issue 1
Abstract
The article deals with selected aspects of investment in the context of the enhanced competition at investment markets and the need to increase the investment performance. A review of literary sources shows that investment capacities essentially refer to the economy’s capability to fund processes or phases related with generation of innovation, formation and modernization of fixed assets or intangible assets; development of education, research and information sectors; reproduction, support and creation of national wealth. It is emphasized that formation and realization of investment capacities in the economy can be attributed to processes that have significant effects for economic performance in the long run, especially when the capacities are innovative. The author’s definition of investment capacities of the economy is given, as the capacity to support financially the upward investment trend through accumulating fixed capital and increasing the profit rate from its generation in current and medium-term periods. The existing methodology for assessment of investment capacities at country level is analyzed; recommendations to improve the system of aggregated investment statistics, taking into account the Eurostat methodology, are given. Statistical indicators measuring the investment capacities in EU countries and Ukraine are analyzed. The analysis shows that the investment rate in Ukrainian industrial enterprises was 21.8% in 2014 and 19.6% in 2015, giving an indication of downward investment trend and the shrinking investment capacities of the national economy. Growth in the share of profit in the value added in 2015 by 6.7 percentage points (to 47.3%) compared with 2014 is evidence that instead of investing internal resources, enterprises use them to cover financial loses or tend to take them off the national boundaries. Upward investment trend can be recovered by the increased supply of investment projects with low level of investment risk and high return and profit rate.
Authors and Affiliations
O. S. Bilousova
The Framework for Audits of the Financial Statements of the Group of Enterprises by ISA 600 Requirements
Compliance with relevant regulations is the basis of the professional activities of auditors. Users of financial statements require the auditor to conduct quality audit. The auditor’s opinion on the reliability of the fi...
Статистическая отчетность как основа статистического наблюдения инноваций
Целью статьи является использование системного подхода к анализу государственных статистических наблюдений инновационной деятельности на предприятиях Украины. Показана законодательная база статистических обследований инн...
Measurement of Information and Communication Technologies: Theoretical and Practical Issues
Production, exports and more effective exploitation of information and communication technologies (ICT) opens up better opportunities for economic development. The ongoing changes in the ICT sector led to the formation o...
Working Capital Management: An Operative Component in the Financial Strategy of Enterprises
Given the financial and economic crisis and the consequent deficit of internal and external financing, Ukrainian enterprises urgently in need to optimize and enhance performance. This can be achieved through enhancing th...
Статистичні інструменти вимірювання якості освіти. Частина 4. Сучасний підхід.
Представлено огляд статистичних основ тестології. Описано базові задачі, математичні моделі та основні розрахункові формули сучасної (IRT) теорії тестування, що дозволяє зі статистичних позицій оцінити правильність побуд...