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International Experience of State Investment Policy Development and Implementation

Author

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  • Viktoriya Rudenko

    () (Vinnitsa Institute of Economics of Ternopil National Economic University)

Abstract

In conditions of severe competition and economic turmoil in the world the important factor in ensuring sustainable economic development of any country is the development of the state investment policy aimed at creating optimal conditions for capital investment. Thus, the topical is the study of the global experience in this field of public administration in order to identify the most significant achievements and apply them for the development of domestic model of the state investment policy. The objective of this research is the analysis of the economic relations between the state and business entities occurring in the course of investment policy implementation. The purpose of the research is summarizing of foreign experience in investment policy formation and implementation as well as identification on this basis of three main models of investment policy - American, Japanese and Taiwanese. The author has systematized the state investment policy tools used in the developed countries practice and grounded the state investment policy principles and trends in Ukraine.

Suggested Citation

  • Viktoriya Rudenko, 2014. "International Experience of State Investment Policy Development and Implementation," Accounting and Finance, Institute of Accounting and Finance, issue 1, pages 96-101, March.
  • Handle: RePEc:iaf:journl:y:2014:i:1:p:96-101
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    More about this item

    Keywords

    investment; investment policy; investment policy model; public investment policy tools;

    JEL classification:

    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • E69 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Other

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