The main task of any economic entity in the context of crisis development is the timely development of anti-crisis measures, as well as the assessment of the ability to implement them in order to reduce the risk of bankruptcy and liquidation. An important place in the process of anti-crisis management in particular and the system of anti-crisis management in general is occupied by an anti-crisis capacity, the assessment of which allows determining the expediency of realization of anti-crisis measures and assessing their potential success. The problems of crisis development of enterprises and anti-crisis management are devoted to many scientific works of both domestic and foreign economists, among which the following should be noted:
The paper is devoted to the investigation of the current state and trends of the insurance market in Ukraine. A number of indicators characterizing the state of insurance market development, such as: the number of insurance companies engaged in risky types of insurance and life insurance; volume and dynamics of gross insurance bonuses and insurance payments; dynamics of the number of concluded agreements on voluntary and compulsory types of insurance, as well as reinsurance agreements; volume and dynamics of assets and insurance reserves of domestic insurance companies are analyzed in this scientific paper. Comparative analysis of the above mentioned indicators with similar indicators of foreign countries is carried out. It is defined that the insurance market of Ukraine lags far behind the countries of Europe, the USA, China, Japan and other developed countries. The reason for such low development is the difficult economic situation in the country caused by such factors as the change of power in 2015, the occupation of part of the territory by the Russian Federation, which shattered the previously unstable economy. Although the economic situation in the country has stabilized in recent years, this is not enough for the insurance market to reach the level of developed economies. The investigation results are presented in the form of tables and graphical interpretations. The factors of positive and negative influence on the development of domestic insurance market are determined and characterized. The main factor influencing the insurance market and ensuring its stability is the control of measures increasing the level of the population insurance culture and the reliability of insurance companies. Such measures will increase the demand for insurance services, insurers will be interested in doing their best and these factors will result in financial market stabilization. This effect will be achieved if the state and insurance companies act in coordinated manner, i.e. if the state provides the insurance market with regulatory framework with unobtrusive supervision, and insurers perform their work honestly and conscientiously. A number of recommendations for the development of domestic insurance companies and the market in general are developed. The main measures are to attract capital not only from European countries, making the insurance market more attractive, but to develop the health insurance, as medicine is quite expensive and the income is low, as well as to introduce the new insurance products due to the development of all industries.
The present time is characterized by constant economic, social and cultural, political changes that cover the whole world. In the conditions of globalization there are cardinal shifts in the sphere of international relations and international business, characterized by transformational, modernizing changes, and have a direct impact on the development of economies around the world, including Ukraine. Globalization has also contributed to the formation of a new era-the era of information society. By the transition to the information society, the level of social and economic development is related to the access to information resources. A new economic sector is being created, where intellectual, social and investment capital place an increased role. The aim of the study is to assess the relationship between FDI attraction in Ukraine and its main macroeconomic indicators in the context of socioeconomic development of business and globalization. The novelty is the substantiation of the directions of attraction of investments in the economy of Ukraine. The study is based on the analyzed macroeconomic indicators for the period 1998-2018, which made it possible to select those that have the greatest impact on FDI. The method of modeling economic processes is used to identify the effect of global influence on attracting foreign investment as a socioeconomic component of strategic business development in the economy of Ukraine. The results of the simulation showed: achieving a high level of dynamics of FDI attraction in Ukraine in recent years; the existence of a strong link between FDI and foreign trade.
The main purpose is to determine ways to ensure the protection of the competitive advantages of the engineering enterprises innovation security management system. The object of the research is competitive advantages and systems for ensuring their protection for engineering enterprises. The research methodology involves the use of modern graphical modeling techniques to increase the effectiveness of the innovative safety management system in the context of ensuring the protection of competitive advantages. The relevance of the research is added by the fact that at the moment the issue of competitive advantages in ensuring innovative safety of the engineering enterprise is highlighted quite sporadically, mainly in terms of a certain type of competitive advantages. The obtained research results are presented in graphic form and can be used by managers of engineering enterprises. Further research should be devoted not only to ensuring the protection of competitive advantages, but also to the key tools for their development for the engineering sector of the economy.
The prospects and problems of direct foreign investment as a very important factor in the development of the Ukrainian economy are determined in this paper. Foreign direct investment (FDI) is the most desirable form of investment, because it enables to implement large projects; in addition the country receives new technologies, new corporate governance practices, etc. Over the past years, according to the policy of the Ministry of Economic Development and Trade of Ukraine conserning capital raising in various spheres of the economy, numerous negotiations with major investors regarding their affiliates opening on the state's territory are directed. As a result, such actions result in changes only in certain spheres of the economy, but do not affect the overall investment climate in the country. For global changes in this area, it is necessary to change conditions and factors influencing the investment subjects. The highest level of investment in the economy of our country was observed in 2013 and amounted 4.5 billion US dollars. Unfortunately, after the outbreak of hostilities, the amount of investments dropped sharply to 0.4 billion US dollars in 2014 and 3.07 billion in 2019. Therefore at present the government should make great efforts to increase the level of confidence of potential investors. However, the structure of past investments did not contribute to balanced development or structural modernization of economy (exports of high-tech products in 2019 amounted to 7.2% of the country’s industrial exports). Authoritative financial institutions such as the World Bank, Rating and Investment Information, Inc., McGraw-Hill, analyzing the investment environment in Ukraine, declare that the main obstacles of this area improvement are: high level of bureaucracy of processes (such as registration of new enterprises and registration of necessary documents for its activity), high level of corruption, imperfection of legislation and complexity of property interests protection of enterprises in courts. As a result, the Cabinet of Ministers of Ukraine in 2015 adopted the plan regarding the implementation of the best practices for high-quality and efficient regulation reflected by the World Bank Group in Doing Business rating methodology. Here the priority development areas, including agricultural sector, transport infrastructure, light manufacturing and IT industry are also identified. The assumptions of the ministry are confirmed by the data of the association`s research, according to which the IT sphere in Ukraine steadily grows by 11–26% each year. Regardless of the general state of economy, and the volume of this industry exports amounted $ 4.5 billion US dollars in 2019. The result of the state investment plan is also the announcement of two major airlines about their intention to invest $ 4 billion in the Ukrainian economy, which exceeds the total volume of direct investments in the previous year. The importance and necessity of the investment climate improvement are analyzed and presented and recommendations for improving the investment quality are developed in this paper. The negative influence of both economic and non-economic characters concerning the attraction of FDI to the domestic economy is defined as well.
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