ABSTRACT

This paper evaluates the effects of foreign direct investment (FDI) on the economic development of Ukrainian regions based on selected indicators (gross regional product, change of gross regional product, share of the industrial (manufacturing) sector, and employment and unemployment rates) in the 2003–2016 period. Employing an exploratory panel time-series approach, the results suggest that there is only a limited impact of FDI on the economic performance of the regions. The small influence of foreign direct investments is, among others, a consequence of political instability, weak governance, the military conflict in the East of the country, and incompleted reforms of the Ukrainian economy. We suggest that it is necessary to focus on targeted programs at both the regional and state levels in order to enhance the existing state of the economy. It is also important to ensure stability and transparency in the legislative processes, tax reforms, and other policy fields to facilitate the attraction of foreign direct investment, the creation of new jobs, and the increase of the income levels of the Ukrainian population.

摘要

本文根据选定的指标（地区生产总值，地区生产总值的变化，工业（制造业）部门的份额以及就业和失业率）评估了外国直接投资（FDI）对乌克兰地区经济发展的影响。 2003-2016年期间。结果表明，采用探索性面板时间序列方法，对区域经济绩效的外国直接投资影响有限。外国直接投资的影响较小，这是政治不稳定，治理薄弱，该国东部的军事冲突以及乌克兰经济改革未完成的结果。我们建议有必要集中精力在区域和州两级的有针对性的计划上，以增强现有的经济状况。