ATTRACTION OF DIRECT FOREIGN INVESTMENTS AS A FACTOR OF SUSTAINABLE DEVELOPMENT
Abstract and keywords
Abstract (English):
The article analyzes the instruments of state investment policy in the Republic of Belarus to attract foreign direct investment in the interests of sustainable development. Particular attention is paid to the creation of special preferential regimes in the Sino-Belarusian Industrial Park "Great Stone", the Belarusian High-Tech Park, free economic zones. An assessment of the effectiveness of stimulating direct foreign investment is given, the position of Belarus, Russia and other EAEU member countries in the leading world investment ratings is presented. The proposals on improving the investment climate in the Republic of Belarus to achieve the goals of sustainable development are justified.

Keywords:
investments, foreign direct investment, state investment policy, stimulation, preferential regimes, efficiency
References

1. Dvizhenie pryamyh inostrannyh investicij [The movement of foreign direct investment]. Available at: https://businessforecast.by/partners/ranking-of-countries-by-gdp-ppp-in-1980-2024 (accessed 10 April 2020).

2. O Kitajsko-Belorusskom industrial'nom parke: Ukaz Prezidenta Respubliki Belarus' № 253 ot 5 iyunya 2012 g. [On the Chinese-Belarusian Industrial Park: Decree of the President of the Republic of Belarus No. 253 dated June 5, 2012]. Available at: http://president.gov.by/uploads/files/press136603.doc (accessed 10 April 2020).

3. O Parke vysokih tekhnologij: Dekret Prezidenta Respubliki Belarus' № 12 ot 22 sentyabrya 2005 g. ( v red. ot 16 iyulya 2019 g.) [On the Hi-Tech Park: Decree of the President of the Republic of Belarus No. 12 dated September 22, 2005 (as amended on July 16, 2019)]. Available at: http://president.gov.by/uploads/files/press136603.doc (accessed 10 April 2020).

4. O razvitii cifrovoj ekonomiki: Dekret Prezidenta Respubliki Belarus' № 18 ot 21 dekabrya 2017 g. [On the development of the digital economy: Decree of the President of the Republic of Belarus No. 18 dated December 21, 2017]. Available at: http://president.gov.by/uploads/files/press136603.doc (accessed 10 April 2020).

5. O svobodnyh ekonomicheskih zonah: Zakon Respubliki Belarus' ot 7 dekabrya 1998 g. № 213-Z [On free economic zones: Law of the Republic of Belarus dated December 7, 1998 No. 213-Z]. Available at: http://president.gov.by/uploads/files/press136603.doc (accessed 10 April 2020).

6. O stimulirovanii predprinimatel'skoj deyatel'nosti na territorii srednih, malyh gorodskih poselenij, sel'skoj mestnosti: Dekret Prezidenta Respubliki Belarus' № 6 ot 7 maya 2012 g. [On the stimulation of entrepreneurial activity in the territory of medium, small urban settlements, rural areas: Decree of the President of the Republic of Belarus No. 6 of May 7, 2012]. Available at: http://president.gov.by/uploads/files/press136603.doc (accessed 10 April 2020).

7. Rudyj K. Pryamye inostrannye investicii v Belarusi: investicionnyj razvorot [Foreign direct investment in Belarus: an investment turnaround]. Bankaўskі vesnіk [Bankski Vesnik]. 2016, I. 11(640), pp. 8-14.

8. Rusak E.S. Sozdanie blagopriyatnogo investicionnogo klimata - prioritetnoe napravlenie gosudarstvennoj politiki [Creation of a favorable investment climate is a priority direction of the state policy]. Doslіdzhennya pіdpriєmnictva: klyuchovі mekhanіzmi organіzacії, osnovnі drajveri ta perspektivi: zbіrnik materіalіv ІIІ Mіzhnarodnoї naukovo-praktichnoї konferencії «Ekonomіchnі perspektivi pіdpriєmnictva v Ukraїnі», (10-11 zhovtnya 2019 r., m. Іrpіn') [Pre-development of education: key mechanisms of organization, main drivers and prospects: collection of materials of the 3rd International Scientific and Practical Conference in Ukraine - 11 Irpin)]. Іrpіn' : Unіversitet DFS Ukraїni Publ., 2019, pp. 35-38.

9. Sen'ko A.N. Gosudarstvennoe regulirovanie i institucional'naya sreda razvitiya investicionnyh processov v Respublike Belarus' [State regulation and institutional environment for the development of investment processes in the Republic of Belarus]. Vestnik Polockogo gosudarstvennogo universiteta [Bulletin of Polotsk State University]. 2015, I. 5, pp. 37-44.

10. Statisticheskij ezhegodnik, 2018 [Statistical Yearbook, 2018]. Sajt Nacional'nogo statisticheskogo komiteta Respubliki Belarus' [Website of the National Statistical Committee of the Republic of Belarus]. Available at: http://www.belstat.gov.by/upload/iblock/0be/0becfeb4ff8551d54808f25ebc (accessed 15 April 2020).

11. Strategiya privlecheniya pryamyh inostrannyh investicij v Respubliku Belarus' do 2035goda (proekt) [Strategy for attracting direct foreign investment in the Republic of Belarus until 2035 (draft)]. Available at: https://investinbelarus.by/pres (accessed 15 April 2020).

12. Shmarlovskaya G.A. Investicionnyj klimat Respubliki Belarus' i strategiya privlecheniya inostrannyh investicij [Investment climate of the Republic of Belarus and the strategy of attracting foreign investments]. Mn.: Dikta Publ., 2013. 159 p.

Login or Create
* Forgot password?