The consequences of the military conflict in Eastern Ukraine, its impact on international investment attractiveness, economic and demographic development in Ukraine
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Дата
2020
Автори
Vasylkivskyi, Dmytro
Matiukh, Serhii
Matviiets, Olha
Lapshyn, Ihor
Babenko, Vitalina
Назва журналу
Номер ISSN
Назва тому
Видавець
Sciedu Press
Анотація
The conflict in the Eastern part of Ukraine and the growing geopolitical tensions have had a significant impact on the
economy and society of the country. As a result, it deepened the recession and diverged from the planned
development indicators. In particular, this concerns international reserves of the National Bank of Ukraine and the
country's budget deficit. Multilateral economic changes, exacerbated by the impact of hostilities in the Eastern part
of the country have transformed the structure of socio-demographic processes in Ukraine. Armed confrontation
causes a continuous deterioration of demographic and economic indicators of development not only of Donetsk and
Luhansk regions, but also has an impact on the whole country. This confrontation is also accompanied by the loss
(destruction, theft, etc.) of public assets. The estimated cost of destroyed components of industrial, communal, social,
transport, energy and other infrastructure are indicative due to the inability to inspect objects located within the
territory controlled by terrorist groups. The conflict has also affected the investment attractiveness of the country,
which accelerates the creation of a depressed nature of country’s development. Therefore, in the context of hostility
in the Eastern Ukraine, it is important to understand and study its destabilizing impact, not only on domestic
economic and demographic indicators, but also on the volume of foreign investment, which will allow us to
understand the level of country’s involvement in the global investment space and the real impact of military action
on the population and on international economic affairs of Ukraine. As a result of this scientific research, the
population and GDP forecast have been conducted. It is worth noting that the forecast itself based on regression
mathematical modelling which includes past data and can be accurate if current conditions are stable in the future.
Опис
Ключові слова
military conflict, economy, demography, international investments, impact
Бібліографічний опис
Vasylkivskyi D. The consequences of the military conflict in Eastern Ukraine, its impact on international investment attractiveness, economic and demographic development in Ukraine / D. Vasylkivskyi, S. Matiukh, O. Matviiets, I. Lapshyn , V. Babenko // Research in World Economy. – 2020. – Vol. 11, No 4. – P. 81-89