Attracting bona fide investments

December 08, 2023

PDF in Ukrainian

In recent years, the global international environment has been growing ever more risky. The coronavirus crisis, Russian aggression, Hamas attack, waves of migration, price shocks in the energy and agricultural markets, trade, fiscal and debt imbalances, inconsistencies between the statements and actions of the key international actors create complex chains of critical political and economic interdependence of countries, which increasingly hinders planning joint efforts and actions aimed at sustainable socio-economic development of countries of the world.

Undeniably, for soonest economic recovery, Ukraine, like any other country, desperately needs investments. In the previous decades, the country failed to become attractive for investment, on the contrary, there was a flight of the national capital (including human capital), which accelerated with the Russian aggression. Therefore, when it comes to the post-war recovery of Ukraine, one should admit that without international investments, the task of building a new civilized country will be postponed indefinitely.

By and large, it should be noted that today foreign investments are not only a factor of economic development — they increasingly acquire a security dimension. The arrival of international investors provides the best protection of the country against aggressive encroachments — the higher the volume of foreign investment is, primarily from developed democratic countries, the more secure the country can feel against the unwanted imperial aggressor. That is why the attitude to foreign investments is increasingly becoming subject to adjustment.

Vasyl Yurchyshyn

Director, Economic Programmes

Born in 1955 in Kamyanets-Podilskyi.


T. Shevchenko Kyiv State University, Department of Cybernetics (1977).

Institute of Public Administration and Local Government at the Cabinet of Ministers of Ukraine (1994).

Professor in Public Administration. Author of nearly 100 scientific works.


In 1977–1993, worked at the Kyiv University as an engineer, research fellow and senior research fellow;

1994–1999 — head economic researcher at the International Centre for Policy Studies, Fund for Banking and Finance Development;

1999–2004 — Assistant Professor, Department of Economic Policy of the Ukrainian (currently, National) Academy of Public Administration, office of the President of Ukraine;

1999–2004 — Research Director at the Agency of Humanitarian Technologies, later — Agency for Social Analysis;

2002–2003 — advisor to the Minister of Economy of Ukraine;

since April, 2004 — Professor, Department of Economic Policy of the National Academy of Public Administration, office of the President of Ukraine;

since June, 2005 — Economic Programmes Director at Razumkov Centre.

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