Attraction of foreign investment to the Republic of Belarus as an element of increasing the competitiveness of the real sector

  • Marija V. Pasiukevich Belarusian State University, 4 Niezaliežnasci Avenue, Minsk 220030, Belarus

Abstract

The article reveals the essence of foreign investment as part of improving the competitiveness of the real sector of the economy, is determined by the importance of foreign investments to the economy of the Republic of Belarus. Also examines the dynamics of foreign investments by kinds of economic activities, a breakdown of the investor countries, across regions of the country. Further, author identified problems of foreign investments attraction to the Republic of Belarus and ways of their solution.

Author Biography

Marija V. Pasiukevich, Belarusian State University, 4 Niezaliežnasci Avenue, Minsk 220030, Belarus

postgraduate student of the department of innovative management, faculty of economics

References

  1. Government Program of the Republic of Belarus for 2016-2020. Council Decree of Ministers of the Republic of Belarus of 05.04.2016. No. 274. URL: http://www.government.by/upload/docs/pdp2016_2020.pdf (date of access: 04.02.2018) (in Russ.).
  2. Akulova M. Foreign investments: focusing on borrowings. Belorus. ezhegodnik, 2013 [Belarusian Yearbook, 2013]. 2014. P. 289–297 (in Russ.).
  3. National Statistical Committee of the Republic of Belarus. Statistical Review of Belarus. January September 2017 : bulletein. Minsk, 2017 (in Russ.).
  4. International Investment Position of the Republic of Belarus for 2000 –2016. Statisticheskaya informatsiya NBRB [Statistical information of the NBRB]. URL: https://www.nbrb.by/statistics/InvestPos/ (date of access: 04.02.2018) (in Russ.).
  5. World Atlas of Data. World and regional statistics, national data, maps and ratings. URL: http://knoema.ru/atlas (date of access: 03.02.2018) (in Russ.).
  6. Luzgina A. National features and international experience of attracting foreign direct investment. Bank Bull. Magazine. 2016. No. 6. P. 21–28 (in Russ.).
  7. Mantusov V. B. (ed.). Mirovaya ekonomika i mezhdunarodnye ekonomicheskie otnosheniya [World Economy and International Economic Relations]. Moscow : IuNITI-DATA, 2015 (in Russ.).
  8. Investor-to-State Dispute Settlement: some facts and figures. European Commission. URL: http://trade.ec.europa.eu/doclib/docs/2015/january/tradoc_153046.pdf (date of access: 06.02.2018).
Published
2018-10-24
Keywords: investments, investment policy, foreign investment, foreign portfolio investment, foreign direct investment
How to Cite
Pasiukevich, M. V. (2018). Attraction of foreign investment to the Republic of Belarus as an element of increasing the competitiveness of the real sector. Journal of the Belarusian State University. Economics, 1, 40-48. Retrieved from https://journals.bsu.by/index.php/economy/article/view/2236