This dissertation offers a solution to an important scientific task, namely ensuring investment security in Ukraine. The national interests in the field of investment security are described. The directions of investment security research are determined. The theoretical principles of investing and their contribution to the formation of the theoretical principles of investment security are described. The reproductive, strategic, resource-functional, activity-related, institutional, managerial, synergetic and complex approaches to the definition of its essence are analyzed, the author’s vision of the definition of «state investment security» and the classification of its varieties are proposed. The characteristics of interconnections and link-ups between the components of state investment security and its relationship with the financial and economic security of the state are presented. The following components of investment security of the state are defined as: investment potential / investment inability (inertia) of economic agents; investment needs (investment demand); investment opportunities (investment offer);
investment needs; state investment policy; investment activity of economic agents; investment climate in the state; investment risks; investment attractiveness of objects; investment capacity of projects. The factors and threats to state investment security are identified. The classification of factors and threats to investment security is presented. The significance of the formation of the system for ensuring state investment security is considered, and its methodological principles are determined. The main tasks and essence to be addressed by such a system and its components are outlined. The following are considered as components of the security system: necessary security subsystems (scientific, regulatory and law enforcement, program-target, organizational, methodological, accounting and auditing, information-analytical, institutional-technological, personnel-educational and financial support), subjects of investment activities, instruments of state regulation of this activity, subjects of exchange between its subjects, relations between them, as well as monitoring, analysis and assessment of the level of investment security on the basis of reasonable indicators which take account of the necessary corrective measures. The inadequate level of investment security in Ukraine and unambiguous approaches to assessing its determinants together with a comprehensive assessment of its formation in the country are underlined at present. The level of gross accumulation in Ukraine’s GDP is estimated, the state of development of capital
investments by domestic enterprises is analyzed and attention is paid to the shortcomings in this sphere. The attraction of direct foreign investments to Ukraine is characterized, problems of accounting of their inflow and levels are clarified. The influence of foreign investments as a source of foreign currency into the country is noted not only with regard to Ukraine’s investment security, but also its currency and debt security. The negative influence on investment security resulting from the devaluation of the national monetary unit and the growth in the country’s aggregate debt is revealed. The state of domestic banking investment lending and the reasons for its underdevelopment are considered. The dynamics of the main indicators describing the state of the investment sphere in Ukraine are researched. A SWOT analysis of Ukraine's investment attractiveness has been conducted.
The approaches to modeling the system for providing investment security and the author’s vision of its essence are investigated. The legality of the system for ensuring investment security in Ukraine with regard to functional, structural, process, form and factorial aspects is validated. The target setting and task of the functional model of the system for providing investment security are determined. The functions and subjects as well as ganizational and economic mechanisms of the system for ensuring investment security in Ukraine are described. A structural model of the investment security system is presented. Particular attention is paid to the definition of objects of direct and indirect influence, controlling and controlled subsystems, aggregate indicators, safe levels, principles of formation of the system of investment security. The process and formation models of the system for roviding investment security and the algorithm for the complex procedure of estimating the level of investment security are analyzed in detail. Measures to ensure investment security in Ukraine are determined. The conclusion is reached that the level of investment security in Ukraine can only be raised through the synthesis of multidimensional modeling of the system of providing investment security, together with improvement of its subsystems and elements and justified approaches to the assessment of its efficiency.
