Financial Mechanism to Ensure the Investment Environment in Forestry Sector in Ukraine
Abstract
The article analyzes the issues of the financial mechanism of ensuring the investment environment forestry sector, the analysis of current legislation and developments of scientists in this area. It describes the General problem of investment in forest production in Ukraine, the emphasis on the imperfection of the normative-legal acts of current legislation. Today there is a tendency unattractiveness of forestry to investors, which hinders the development of the forestry sector. They want a fast profit, but is impossible at the designated question. As aptly noted B. I. Kolisnik “by investing, you should consider the integrated effect which is formed by the funds invested in the reproduction of forest resource potential. Unlike other economic sectors, forestry is a significant positive environmental and social effects that can greatly exceed the economic benefit. This makes the forest industry is extremely important for society in terms of creation of favorable conditions of residence, the positive impact of forests on the environment etc” The aim of this paper is the general study of legal problems of financing of the investment environment of the forest industry of Ukraine, ways of overcoming them. The object of this research is the system of relations fixed set of legal rules the financial mechanism of ensuring the investment environment forestry sector of Ukraine. The subject of research is the analysis of the current legislation concerning the financial mechanism for investment in this area.
References
Kolisnyk B. I. (2007) Investytsiine zabezpechennia rozvytku lisohospodarskoho kompleksu: suchasnyi stan ta poshuk dodatkovykh dzherel [Investment support for the development of the forestry complex: the state of the art and the search for additional sources]. Investytsii: praktyka ta dosvil – Investments: practice and experience. 7. 3–7 [in Ukrainian]. 2. Shubalyi O. M., Horokhivskyi O. I. (2010) Metodychni zasady konkurentnykh pozytsii lisohospodarskykh pidpryiemstv rehionu [Methodical principles of competitive positions of forest enterprises of the region]. Ekonomika ta derzhava – Economy and the state. 1. 62–66 [in Ukrainian]. 3. Komarytska M. V., Hudyma R. R. Investytsiina zabezpechennia rozvytku lisovoho hospodarstva [Investment support for forestry development]. nauka.kushnir.mk.ua. Retrieved from http://nauka.kushnir.mk.ua/?p=20854 [in Ukrainian]. 4. Ilnytska-Hykavchuk H. Ya. (2009) Finansovyi mekhanizm ekolohichno zbalansovanoho lisokorystuvannia [Financial mechanism of ecologically balanced forest use]. Extended abstract candidate’s thesis. Rivne [in Ukrainian]. 5. Holian V. A., Demydiuk S. M. (2010) Derzhavno-pryvatne partnerstvo efektyvna forma pidpryiemnytstva u lisovomu sektori [Public-private partnership is an effective form of entrepreneurship in the forest sector]. Ahrosvit – AgroSvit. 15. 2–9 [in Ukrainian]. 6. Zinovchuk N, Vasylyk N. (2012) Stymuliuvannia rozvytku lisoresursnoi sfery: systemni superechnosti ta instrumenty realizatsii ekonomichnykh mekhanizmiv [Stimulation of forest resource development: systemic contradictions and tools for implementing economic mechanisms]. Ekonomika pryrodokorystuvannia. Ekonomist – Economics of Nature. Economist. 12. 52–54 [in Ukrainian]. 7. Kapruk A. (2011) Finansovo-kredytne rehuliuvannia lisokorystuvannia: instytutsionalni peredumovy ta mozhlyvi alternatyvy [Financial regulation of forest management: institutional preconditions and possible alternatives]. Ekonomist – Economist. 3. 36-38 [in Ukrainian]. 8. Mishenina H. A. (2011) Rentni vidnosyny u sferi pryrodokorystuvannia: suchasna praktyka ta perspektyvy [Rental relationships in the field of nature management: current practice and perspectives]. Stalyi rozvytok ta ekolohichna bezpeka suspilstva v ekonomichnykh transformatsiiakh – Sustainable development and ecological safety of a society in economic transformations. Tretoi nauk.-prakt. konf. (m. Bakhchysarai, 15-16 veresnia 2011) – Third Scientific and Practical Conference. (pp. 178–180) Bakhchysarai. «Pidpryiemstvo Fieniks» [in Ukrainian]. 9. Mishenin Ye. V., Yarova I. Ye. (2010) Sotsialno-ekolohichna vidpovidalnist pidpryiemstv lisovoho kompleksu [Socioecological responsibility of enterprises of forest complex]. Stalyi rozvytok ta ekolohichna bezpeka suspilstva v ekonomichnykh transformatsiiakh – Sustainable development and ecological safety of a society in economic transformations. Druhoi nauk.-prakt. konf. (m. Bakhchysarai, 23-24 veresnia 2010) – Second Scientific and Practical Conference. (pp. 235–237). Simferopol. PP «Pidpryiemstvo Fieniks». [in Ukrainian]. 10. Melnyk T. D. (2011) Mekhanizm naroshchennia investytsiinoho potentsialu lisohospodarskoho kompleksu rehionu [The mechanism of increasing the investment potential of the forestry complex of the region]. Visnyk Natsionalnoho universytetu vodnoho hospodarstva ta pryrodokorystuvannia. Seriia «Ekonomika» – Bulletin of the National University of Water Management and Nature Management. Economics Series. 4 (56). 181–186 [in Ukrainian]. 11. Antonenko I. Ya. (2011) Formuvannia rynkovooriientovanoho finansovo-ekonomichnoho mekhanizmu rozvytku lisoresursnoi sfery Ukrainy [Formation of a market-oriented financial and economic mechanism for forest resource development in Ukraine]. AhroSvit: Informatsiino-analitychnyi zhurnal – AgroSvit: Information and Analytical Journal. 13/14. 7–12 [in Ukrainian]. 12. Rohach S. M. (2013) Napriamy zbalansuvannia instytutsionalnoho zabezpechennia rozvytku lisovoho kompleksu Ukrainy [Areas of balance of institutional provision of forest complex development in Ukraine]. Visnyk Sumskoho natsionalnoho ahrarnoho universytetu. Seriia «Finansy i kredyt» – Herald of the Sumy National Agrarian University. Series “Finance and Credit”. 1. 118–126 [in Ukrainian]. 13. Labenko O. M., Ivolha I. H. (2013) Finansuvannia proektiv z vidtvorennia lisu [Financing of forest reproduction projects]. Naukovyi visnyk Natsionalnoho universytetu bioresursiv i pryrodokorystuvannia Ukrainy. Seriia «Ekonomika, ahrarnyi menedzhment, biznes»: zbirnyk naukovykh prats – Scientific herald of the National University of Bioresources and Natural Resources of Ukraine. Series “Economics, Agrarian Management, Business”: a collection of scientific works. Vol. 181. 5. 137–144 [in Ukrainian]. 14. Poliakova L. V. (2011) Mizhnarodni problemy nadannia finansovoi pidtrymky stalomu vedenniu lisovoho hospodarstva [International problems of providing financial support to sustainable forest management]. Naukovi dopovidi NUBiP. – Scientific reports of NUBiP. 4(26). 112–119 [in Ukrainian]. 15. Shumlianskyi B. V. (2015) Finansove zabezpechennia yak pidgruntia formuvannia investytsiinoho seredovyshcha rozvytku lisovoho sektoru [Financial support as a basis for the formation of an investment environment for the development of the forest sector]. Investytsii: praktyka ta dosvid. Ekonomichna nauka – Investments: practice and experience. Economics. 15. 61-66 [in Ukrainian].
