The scenario approach of the country investment policy in the conditions of globalization
Lidiia Karpenko ()
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Lidiia Karpenko: Odesa Polytechnic National University
Medzinarodne vztahy (Journal of International Relations), 2024, vol. 22, issue 1, 54-72
Abstract:
Considering the particularities of economic development, countries should cooperate and participate in joint projects within regional and international groupings. The paper aims to develop a scenario approach to the investment policy of countries in the context of globalization. Defines how important the investment component of a country's economic development is and justifies why countries are heterogeneous regarding investment attractiveness. To fulfil the main goal the author applies the capital asset pricing model, which is a basic concept in the field of finance. In addition to the main goal, the text of the article systematizes the stages of development of the organizational project scenario, justifies the role of foreign investments in economic development, and analyses world trends regarding changes in the attractiveness of investments. The paper estimates how attractive national economies are for foreign investments as well.
Keywords: investment policy; capital asset pricing model; capital market; investment freedom index; scenario approach; territorial development (search for similar items in EconPapers)
JEL-codes: M21 M29 O16 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:brv:journl:v:22:y:2024:i:1:p:54-72
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