Managing the sustainability of economic system as the basis of investment development in Ukraine

Abstract

Nowadays, studying the categories of "economic sustainability", "economic sustainability management" and the peculiarities of these concepts is especially relevant. Their use would provide an opportunity to ensure the sustainable and most effective functioning of the subject of economic relations in the current period of time, as well as to create a high potential for its development and ensuring the conditions for investing capital in the Ukrainian economy. All this determined the purpose of this study, which consists in the analysis of the theory and essence of the economic sustainability concept, the interpretation of the concept of "economic sustainability of the system" and the concept of "management of economic sustainability of the system", distinguishing factors affecting the sustainability of the Ukrainian economic system, determining the relationship of economic sustainability with economic security, investing as well as forecasting the level of the Ukrainian economy sustainability based on the innovative modeling methods. The object of the research is to develop the theory of the "economic sustainability" concept and to determine the level of economic sustainability of the economy aimed at raising the investment climate in Ukraine. To ensure the development, security and investment attractiveness of the Ukrainian economy, an organizational structure of the management model for the sustainability of the Ukrainian economic system was developed using the developed economic and mathematical model.

The Normal Distribution Formalization for Investment Economic Project Evaluation Using the Monte Carlo Method

“…A researcher who assess investment projects effectiveness using the Monte Carlo method should solve the task to determine expertly both the standard deviation depending on the confidence interval value and the mean value (Kozlovskyi, Khadzhynov, Vlasenko, Marynchak, 2017). The mean, in this case, is an expert's assumption about numerical value of some investment project key variable that can be in the future.…”

Formation of the Model of Sustainable Economic Development of Renewable Energy

“…Technology-specific goals and policy tools are especially needed to support less mastered technologies such as ocean energy. To increase sustainability of the system (Koziuk et al, 2020;Shevchuk et al, 2023;Kozlovskyi et al, 2017) and ensure the flexibility of a diversified and integrated energy system capable of operating with a large variable renewable energy volume, it is necessary to update, modernize and expand the infrastructure. The idea is that integrating more variable solar and wind energy would require only fossil natural gas, quickly supplanted by improved economics of alternative sources of energy.…”

Economic Security Management of Ukraine in Conditions of European Integration

“…The condition of economic security of the state can be studied from the standpoint of stability. Thus, S. Kozlovskyi, I. Khadzhynov, I. Vlasenko and L. Marynchak (2017) consider that "the economic stability of the system is the ability of the economic system after a certain perturbation (changes in the parameters of the economic system, its indicators) to quickly return to the state not worse than the previous one, to maintain its condition as long as desired, as well as to improve its state to the size of the perturbation in case of positive changes in the economic parameters of the system".…”