Syrychenko N. ECONOMIC ESSENCE AND CLASSIFICATION OF INVESTMENTS IN THE CONDITIONS OF GLOBAL TRANSFORMATIONS

UDC 330.322

Syrychenko N.

ECONOMIC ESSENCE AND CLASSIFICATION OF INVESTMENTS IN THE CONDITIONS OF GLOBAL TRANSFORMATIONS

The aim of the article is definition of economic essence and display according to certain criteria of classification of investments in the context of global transformations. Methodology of research is justification of the economic essence and classification of investments, which is based on the method of system analysis and synthesis of scientific works of Ukrainian and foreign scholars in the study of the theoretical foundations of global investment transformations. The effect of global transformations on investment that is associated with the transition of the international community from industrial to post-industrial development stage has been studied. Investment activity is accompanied by gradual combination of interests of transnational corporations and national countries and the formation, on this basis, of transnational capital. The starting point of investment activity is globalization of markets and productions, the emergence of global institutions, reducing investment barriers. For effective entry into global market it is necessary to define economic essence, the classification of the investments according tocertain signs, to attain a high level of international competitiveness of national economies. Author’s definitions of «investment concept» have been generalized. The comparative analysis of classification of investments has been conducted. Scientific novelty of the results is to deepen the existing theoretical foundations for the provision of author’s definition of “investment”, which is suggested to understand as investment of own, borrowed or attracted resources in the form of material, financial, intellectual property in the objects of entrepreneurial and other activities, both for short and long period, within the country and abroad, individual and / or institutional investors, and on this basis the formation of state-transnational capital for profit (income) and / or achieve a positive social impact. Author’s approach has been offered in relation to classification of investments according to certain signs in the conditions of global transformations. Practical significance of the results is in theoretical positions of the article which have the applied value and can be used in investing activities of business entities in the context of global transformations.
Keywords: investments, classification, global transformations, business entities.

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