THE MAIN DIRECTIONS OF STATE REGULATION OF THE UKRAINIAN INVESTMENT MARKET IN TERMS OF GLOBALIZATION

  • Ihor Kobushko Sumy State University
  • Iana Kobushko Sumy State University
Keywords: competition, investment market, investment intermediaries, private equity, tax regulations, transparency

Abstract

In the article developed theoretical and methodological foundations substantiation strategic directions of development of instruments of state regulation of the investment market (IM), which contains a system of practical steps that are grouped within seven general areas. Substantiated the necessity and sequencing identified the cancellation in Ukraine tax deposits. The mechanism of creation of state legal environment and stimulate the emergence of new types of intermediaries on it – private equity investment. As part of improving the efficiency of state investment intermediary role in the market expediency establishment in Ukraine State Fund for financing priority projects. Proved the necessity of establishing requirements for the mandatory use of legal entities of all organizational forms – business investment market, the formation of the basis of the corresponding generalized data base of issuers and potential targets for increasing the transparency of the investment market. Substantiated the necessity of strengthening the legal, institutional and financial independence of regulators investment market. Proposed to introduce in Ukraine a number of taxes on transactions in financial instruments and differentiate the rates of taxation.

References

Податковий кодекс України [Електронний ресурс] / Портал ВРУ. – Режим доступу : http://zakon4.rada.gov.ua/laws/show/2755-17.

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Tax Code of Ukraine, Portal VRU, http://zakon4.rada.gov.ua/laws/show/2755-17. (In Ukrainian)

Law of Ukraine “On the overall investment institutions (corporate and unit trusts)”, http://zakon4.rada.gov.ua/laws/show/5080-17. (In Ukrainian)

Arivoshi, A. (2007), “Capital Controls: Country Experiences with their Use and Liberalization,” IMF Occasional Paper, 190, 98–134. (In English)

Arbelaez, M. (2002), “The Bank Debit Tax in Colombia,” Journal of Banking and Finance, 6, 40–63. (In English)

Kobushko, I. M. (2012), The Development Strategy of the Investment Market: Theoretical Foundations and National Realities, Sumy, Sumskiy Derzhavnyy Universytet. (In Ukrainian)

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Published
2015-03-26
How to Cite
Kobushko, I., & Kobushko, I. (2015). THE MAIN DIRECTIONS OF STATE REGULATION OF THE UKRAINIAN INVESTMENT MARKET IN TERMS OF GLOBALIZATION. Mechanism of an Economic Regulation, (1 (67), 79-87. Retrieved from http://mer-journal.sumy.ua/index.php/journal/article/view/451
Section
MACROECONOMIC MECHANISMS