The influence of the investment climate on the integration of Ukraine in global value chain

Abstract

The article defines the relevance of the topic, are mentioned the scientists who researched global chains of added value. Based on the results of the review of research and publications, it was determined that global value added chains play an important role in production and trade in international markets, and the investment climate has a direct impact on the development of economic processes aimed at creating global value chains. The concept of competition phenomenon is defined, and the value creation chain is conditionally divided into five main types of activities. The work presents the general main characteristics of a favorable investment climate. An assessment of the integral indicator of the Investment Attractiveness Index of Ukraine in dynamics was carried out. It was concluded that despite such a significant external factor as military actions, the country's investment climate continues to be largely influenced by internal factors such as corruption, a weak judicial system, and others. It has been proven that due to the reforms that have already been carried out, the country has a certain safety margin, therefore it is extremely important to continue the started reforms aimed at attracting national business to participate in the creation of global value chains.