Features of investment policy realization in the Republic of Belarus

Vladimir Gerasenko and Hanna Zykava
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Vladimir Gerasenko: EE "Belarusian State Economic University"
Hanna Zykava: EE "Belarusian State Economic University"

University Economic Bulletin, 2020, issue 47, 112-121

Abstract: Relevance of the topic: being a part of any economy with market relations, the state's investment policy is aimed at creating and maintaining a favorable environment conducive to increasing investment activity, attracting domestic and foreign investments, which occupy a special place in providing access to financial resources, modern technologies, innovative goods, and also improve the living standards of the population. Therefore, the problem of developing and implementing investment policy in all regions of the country is urgent. Statement of the problem: at the present stage of development of the Belarusian economy, the state pays special attention to the issues of attracting domestic and foreign investment as an additional source of capital and technologies for the development of national industries and services. However, there are a number of problems that hinder the inflow of investments, the solution of which can significantly improve the investment climate in the country. Purpose of the research: to study the level, dynamics and structure of investments in the economy of the Republic of Belarus; to determine the features of implementation, problems and ways to improve the investment policy of the Republic of Belarus. Research methodology: general scientific and formalized - analysis and synthesis, induction and deduction, statistical, graphic, correlation and regression. Research results: the analysis of the inflow of domestic and foreign investments into the economy of the Republic of Belarus was carried out, as a result of which the main problems of investment policy were identified. The calculation of the interval forecast of the GDP growth rate depending on the investment growth rate was carried out using the constructed regression equation. Field of application of the results: the results of the study can be used in the development of investment policy by government bodies, as well as in the educational process of economic faculties of universities.

Keywords: investments; investment policy; investments in fixed assets; foreign investments; foreign direct investments (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:aff:colart:y:2020:i:47:p:112-121

DOI: 10.31470/2306-546X-2020-47-112-121

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