DOI: 10.7256/2454-0668.2021.5.36706

Abstract: The goal of this research lies in assessment of the role of foreign direct investment in socioeconomic development of the EAEU member-states in the current context. The research methodology employs such approaches as scientific abstraction, logical generalization, statistical and factor analysis. Based on examination of the relevant theories of international capital movement, the author outlines positive factors in attracting long-term foreign investment. The article explores the key indicators of economic development of the EAEU member-states at the current stage. Analysis is conducted on the peculiarities of foreign direct investment in the region. It is noted that the Russian Federation is the most active investor within the EAEU. The author determines the common factors that limit the development of investment relations between the partner countries; as well as reveals the dominant disproportions in attraction of foreign investment capital. Consideration is given to the experience of Shenzhen in formation of the global special economic zone in the EAEU countries. The conclusion is formulated that the key factor of socioeconomic development of the EAEU member-states is the attraction of foreign direct investment capital. The following measures in the sphere of foreign investment are proposed: development of direct investment funds; formation of special economic zones; implementation of intergovernmental earmarked programs; creation of specialized centers for the development of small and medium business bases on the market principles.

DOI: 10.7256/2454-0668.2020.4.33980

Abstract: The goal of this article consists in the analysis of investment relations between CIS countries at the current stage, and as well as in development of proposals aimed at attraction of direct foreign investment into economy of the union in the conditions of regional integration. The article examines the peculiarities of investment process in CIS. The author outlines the common factors that delimit the expansion of economic integration within the union. The research is based on the scientific articles, databases of international organizations, analytical materials of CIS partner countries. Methodology includes such approaches as scientific abstraction, logical generalization, economic-statistical and factor analysis, clustering method, and circumstantiation. The essence of direct investment is revealed. The author suggests the original classification of foreign direct investment from the perspective of their role in the modern global economy. The role of direct investment in the development of CIS partner countries is described. The conclusion is made on the key development trends of investment relations in CIS countries. The article substantiates the need to develop agencies for attracting foreign direct investment, establish shared centers in the area of public-private partnership, as well as create joint sovereign funds and enterprises in high-tech sectors of the national economy. It is proposed to form a single specialized center for coordinating monetary policy of CIS member-states.