Investment environment for the development of amalgamated territorial communities.

Abstract

The economic development of the Ukrainian society requires the active participation of all institutions: state authorities, communities and local self-government bodies to achieve the strategic goal of improving the quality of life of the population to the European standards. The article analyzes the structure of the nominal gross domestic product (GDP) of Ukraine in the national currency, determines the absolute growth and growth rates of GDP for 2014-2018, the relationship between gross accumulation and capital investments in order to determine the priority directions of investment activity in conditions of decentralization. By choosing the country’s most appropriate model of decentralization, it is already possible in the medium term to expect qualitative positive results. Priority directions of the activity of the amalgamated territorial communities (ATC) of Ukraine are, first of all, repairment of highways, assistance in the preparation of urban planning documentation and the development of alternative energy. This article is necessary in order to create a favorable environment for the full development of a person, the provision of quality public services in a specific territorial community. Particular attention is paid to discussing the share of GDP components, dynamics of gross accumulation and capital investment over 5 years. In solving the tasks, we have used a number of methods of research: methods of statistical analysis for assessing the dynamics of GDP, share of consumer spending, gross accumulation, exports and imports; methods of analysis for determining the structure of GDP, method of comparison for studying the views of different authors on strategic decentralization reforms in ATC.