Journal articles on the topic 'Country attractiveness'
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Lyulyov, Oleksii V., and Bogdan A. Moskalenko. "Assessment of Country Investment Attractiveness Evaluation Approaches." Mechanism of an Economic Regulation, no. 4 (2020): 119–28. http://dx.doi.org/10.21272/mer.2019.86.12.
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Investment attractiveness of a country, and approaches to its evaluation have been thoroughly debated over few last decades. Initially, the key question concerned the reasons as to why large number of resource holders (financial funds, technologies, management systems etc.) would locate their assets, especially research and development projects, in other countries rather than remaining in their home economies. Increasing the quantity and quality of contacts with developed countries within investment process is crucially important for the development of Ukrainian economy. As follows from that point, the authors have identified features of approaches to investment attractiveness evaluation on a macroeconomic level analyzing latest works of scientists and researchers around the world. It is believed, that the most valuable type of investments for future GDP growth is funds from multinational corporations: they bring not only money, but technologies, and decision how make new businesses profitable. Thus, the fundamental consideration for countries competing for investments is the influencing and improvement of such factors through effective investment incentives policies. Within this work, we researched recent studies of investment attractiveness evaluation around the world, and assumed key points for improving and applying those approaches in Ukrainian economy. Within literature analysis the authors structured approaches to the evaluation based on the methods and subjects those approaches used. The most common methods are related to econometric analysis of statistical data that is collected and published by international institutions and rating agencies. Current analysis shows a tangible dependence between country investment attractiveness and the dynamics of FDI inflows. This dependence is not always straightforward, which is explained by influence of many other determinants within decision-making process. The authors suggest that involving independent experts from respective sectors of the economy could help to optimize the results of statistical data analysis. The expert survey provides the necessary correction coefficients which are to increase the accuracy and relevance of the investment attractiveness evaluation. The authors proposed a generalized approach to assessing the country investment attractiveness, taking into account international experience and features of the Ukrainian economy. Key words: investments, country investment attractiveness, foreign direct investment, investment attractiveness evaluation.
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Avetisyan, A. G. "Country Attractiveness: Analysis of the Main Factors." Finance: Theory and Practice 24, no. 4 (August 18, 2020): 58–74. http://dx.doi.org/10.26794/2587-5671-2020-24-4-58-74.
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Kotlarsky, Julia, and Ilan Oshri. "Country Attractiveness for Offshoring and Offshore Outsourcing: Additional Considerations." Journal of Information Technology 23, no. 4 (December 2008): 228–31. http://dx.doi.org/10.1057/jit.2008.17.
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In this article, we review aspects relating to the attractiveness of India for information technology offshore - outsourcing. Our starting point is that, indeed, India will remain competitive in the short-medium term. However, more importantly, we move on to argue that country attractiveness is becoming a less important issue. We consider an alternative approach to analyze country attractive in which the client's strategic intent behind going offshore and the vendor's global dispersedness and its local knowledge define the attractiveness of the firm's offshoring strategy.
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Hrytsenko, L., О. Zakharkin, N. Dekhtyar, and K. Shamkalo. "ASSESMENT OF INVESTMENT ATTRACTIVNESS OF UKRAINE." Financial and credit activity: problems of theory and practice 3, no. 38 (June 30, 2021): 379–89. http://dx.doi.org/10.18371/fcaptp.v3i38.237470.
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Abstract. In the current conditions investment is an important basis for the development of many levels of the economic system and can be considered as a driver of country`s economic development. They are necessary to increase the production rate, modernize the economic complex, diversify the economy. Assessment of investment attractiveness is considered as an important means of optimal achievement of investment goals, which ensures the performance of the function of investment management mechanism. The investment attractiveness of an individual country, region, industry or enterprise is an important guideline for the investor in the issue of deciding on capital investment. In the current conditions of globalization of the economy in assessing the investment attractiveness of the country is becoming increasingly important image of the country in the international arena, its position in the leading rankings, the experience of other investors in the country.
The article considers the essence of the concept of “investment attractiveness” and offers its own author's definition of this concept. Describe the methodological approaches to assessing investment attractiveness at different levels of the economic hierarchy. The relationship between the definitions of investment attractiveness, climate, potential, risk and activity has been studied. A macroeconomic analysis of the dynamics of Ukraine's position in the light of international ratings and indices is held. Organizations and ratings that assess the investment attractiveness of the state are presented. Methods of ratings of investment attractiveness of countries are substantiated. A comprehensive assessment of Ukraine's investment attractiveness in recent years has been made. The factors that lead to changes in the transformation processes in the country, the aggravation of the general economic situation, the shortage of domestic financial resources and the problem of attracting foreign investment, which in turn hinder the increase of investment attractiveness of Ukraine are considered. Recommendations for improving the investment attractiveness of Ukraine in modern conditions are given.
Key words: investments, investment attractiveness, international ratings and indices, investment activity, investment climate, investment potential, investment risk.
JEL Classification E22, F21, O11
Formulas: 0; fig.: 1; tabl.: 2; bibl.:31.
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Харченко, Алла, and Оксана Голєніщева. "INVESTMENT ATTRACTIVENESS OF THE COUNTRY AND HER COMPONENTS." Bulletin of the National Technical University "Kharkiv Polytechnic Institute" (economic sciences), no. 23 (February 2, 2019): 137–44. http://dx.doi.org/10.20998/2519-4461.2019.23.137.
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Jung, Martina. "Host country attractiveness for CDM non-sink projects." Energy Policy 34, no. 15 (October 2006): 2173–84. http://dx.doi.org/10.1016/j.enpol.2005.03.014.
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Tkachova, T. "NEURAL NETWORK MODEL FOR EFFICIENCY OF MANAGEMENT DECISIONS AT A MACHINE-BUILDING ENTERPRISE." Vìsnik Sumsʹkogo deržavnogo unìversitetu, no. 3 (2020): 327–33. http://dx.doi.org/10.21272/1817-9215.2020.3-37.
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An important precondition for the economic development of Ukraine is the inflow of investment capital in the context of market transformations. For its part, it is possible to satiate the economy of the country with investments only in conditions of stable development of this country, because the main condition for the investor is to avoid the capital loss. For this purpose, scientists create rating systems of investment attractiveness, which allow choosing the best investment object. Obviously, it is desirable to take into account the research results of the investment attractiveness of a country, region or industry for a successful investment project. The purpose of article is to analyze the existing methods for determining the investment attractiveness of the economy, develop a rating system of investment attractiveness of a number of the Ukrainian economy sectors and provide recommendations for increasing the investment attractiveness of the sectors of the national economy. It is used the methods and approaches such as analysis, synthesis, dialectical, systemic and comparative methods which allowed to implement the research. In a study it is described a methodology for determining the investment attractiveness of a country, region and industry. The investment attractiveness of the branches of the Ukrainian economy was investigated. The problems were identified and the rating systems of investment attractiveness of the Ukrainian economy branches was compiled. Recommendations for increasing the investment attractiveness of the national economy were given. The research of the investment attractiveness of the economy sectors will identify existing problems in attracting investments and help with their solution. The development of rating systems of investment attractiveness of the Ukrainian economy sectors will help to attract more investments, and investors could choose the best option for investing. The implementation of these recommendations will help to improve the rating of Ukraine's investment attractiveness.
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Levary, Reuven R., and John Hongzin Zhao. "Country attractiveness for foreign direct investment in e-commerce." International Journal of Technology Management 27, no. 4 (2004): 357. http://dx.doi.org/10.1504/ijtm.2004.004274.
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Lee, Kwang-Hoon. "The conceptualization of country attractiveness: a review of research." International Review of Administrative Sciences 82, no. 4 (July 10, 2016): 807–26. http://dx.doi.org/10.1177/0020852314566002.
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Janger, Jürgen, David F. J. Campbell, and Anna Strauss. "Attractiveness of jobs in academia: a cross-country perspective." Higher Education 78, no. 6 (May 6, 2019): 991–1010. http://dx.doi.org/10.1007/s10734-019-00383-7.
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Masango, Cleven, and Vannie Naidoo. "An Analysis of Nation Brand Attractiveness: Evidence from Brand Zimbabwe." Journal of Economics and Behavioral Studies 10, no. 6(J) (December 22, 2018): 99–112. http://dx.doi.org/10.22610/jebs.v10i6(j).2598.
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This paper examines the attractiveness of Brand Zimbabwe based on the factors perceived to impact on national competitiveness. Nation brand attractiveness is a necessary condition for a country to achieve influence and to effectively compete for global resources. Countries can enhance their attractiveness by building on their national brand equity and dealing with negatives around the national brands. The research sought to determine the perception towards Zimbabwe’s global risk and competitiveness; to ascertain the variables that promote competitiveness for Brand Zimbabwe and to contribute to the literature on risk perception and its impact on behaviour towards nation brands. The study followed a mixed approach; a combination of interpretivism and positivism. The research drew 372 respondents from politicians, scholars, the media, civic organisations, government officials, church and international organisations. The research established that Brand Zimbabwe faces glaring threats risks that impact on the country’s international image. The brand is affected by politics and governance together with socio-economic factors. Management and control of nation brand perception are critical for nations to distinguish themselves and to create vantage positions for sustainable performance. The way a country is viewed internationally is a function of how the country deals with factors that threaten its global competitiveness and perception towards the nation brand. Zimbabwe’s quest for foreign direct investment, international visitation and export revenue requires that the country deals with its nation brand image.
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Hanawalt, Edward, and William Rouse. "Assessing location attractiveness for manufacturing automobiles." Journal of Industrial Engineering and Management 10, no. 5 (November 27, 2017): 817. http://dx.doi.org/10.3926/jiem.2321.
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Purpose: Evaluating country manufacturing location attractiveness on various performance measures deepens the analysis and provides a more informed basis for manufacturing site selection versus reliance on labor rates alone. A short list of countries can be used to drive regional considerations for site-specific selection within a country.Design/methodology/approach: The two-step multi attribute decision model contains an initial filter layer to require minimum values for low weighted attributes and provides a rank order utility score for twenty three countries studied. The model contains 11 key explanatory variables with Labor Rate, Material Cost, and Logistics making up the top 3 attributes and representing 54% percent of the model weights.Findings: We propose a multi attribute decision framework for strategically assessing the attractiveness of a country as a location for manufacturing automobiles.Research limitations/implications: Consideration of country level wage variation, specific tariffs, and other economic incentives provides a secondary analysis after the initial list of candidate countries is defined.Practical implications: The results of our modeling shows China, India, and Mexico are currently the top ranked countries for manufacturing attractiveness. These three markets hold the highest utility scores throughout sensitivity analysis on the labor rate attribute weight rating, highlighting the strength and potential of manufacturing in China, India, and Mexico.Originality/value: Combining MAUT with regression analysis to simplify model to core factors then using a “must have” layer to handle extreme impacts of low weight factors and allowing for ease of repeatability.
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Bhatia, Satinder. "Investment Climate in Financial Services in Africa (Country Attractiveness Indices)." Journal of Scientific Research and Reports 14, no. 6 (January 10, 2017): 1–12. http://dx.doi.org/10.9734/jsrr/2017/34103.
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Groh, Alexander Peter, Heinrich von Liechtenstein, and Karsten Lieser. "The European Venture Capital and Private Equity country attractiveness indices." Journal of Corporate Finance 16, no. 2 (April 2010): 205–24. http://dx.doi.org/10.1016/j.jcorpfin.2009.09.003.
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Chen, Jiun Shiu, Prasad Vemala, and Jeff W. Totten. "Country of origin, familiarity, the perceived difference and MNC attractiveness." International Journal of Work Organisation and Emotion 8, no. 1 (2017): 24. http://dx.doi.org/10.1504/ijwoe.2017.083790.
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Totten, Jeff W., Prasad Vemala, and Jiun Shiu Chen. "Country of origin, familiarity, the perceived difference and MNC attractiveness." International Journal of Work Organisation and Emotion 8, no. 1 (2017): 24. http://dx.doi.org/10.1504/ijwoe.2017.10004666.
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Gooris, Julien. "Institutional environment in offshoring: Host-country attractiveness and organizational model." Academy of Management Proceedings 2012, no. 1 (July 2012): 15632. http://dx.doi.org/10.5465/ambpp.2012.15632abstract.
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Aliouche, E. Hachemi. "The Impact of the Global Financial Crisis on Country Attractiveness." Thunderbird International Business Review 57, no. 1 (November 13, 2014): 63–83. http://dx.doi.org/10.1002/tie.21671.
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V.Bormotova, M., S. D.Bronza, T. V.Mashoshyna, and O. M.Troinikova. "Qualimetric Approach in Determining the Investment Attractiveness of a Ukrainian Railway Entity." International Journal of Engineering & Technology 7, no. 4.3 (September 15, 2018): 607. http://dx.doi.org/10.14419/ijet.v7i4.3.19966.
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Investment is one of the critical tools to enable an economic recovery from the economic crisis and encourage the progressive development of any country. The main issue that prevents any industry from growing is shortage of funding. And that’s exactly why assessment of investment attractiveness of any project (country, industry, region, or company) is highly important. Based on the study of the existing views on the definition of the concept of investment attractiveness in literary sources, these views have been grouped by the main essential feature used for the definitions.The article presents an analysis of the investment attractiveness of Ukraine; articulates and systematizes the concept of investment attractiveness; suggests a definition of the concept in terms of qualimetry; examines the special aspects of investments in the transport industry (in particular, the railroad industry); and suggests a qualimetric model that enables the most adequate and essential assessment of the investment attractiveness of a railroad entity, based on the external and internal factors, and both qualitative and quantitative characteristics.
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Bruneckiene, Jurgita, Robertas Jucevicius, Ineta Zykiene, Jonas Rapsikevicius, and Mantas Lukauskas. "Assessment of Investment Attractiveness in European Countries by Artificial Neural Networks: What Competences are Needed to Make a Decision on Collective Well-Being?" Sustainability 11, no. 24 (December 4, 2019): 6892. http://dx.doi.org/10.3390/su11246892.
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A rich volume of literature has analysed country investment attractiveness in a wide range of contexts. The research has mostly focused on traditional economic concepts—economic, social, managerial, governmental, and geopolitical determinants—with a lack of focus on the smartness approach. Smartness is a social construct, which means that it has no objective presence but is “defined into existence”. It cannot be touched or measured based on uniform criteria but, rather, on the ones that are collectively agreed upon and stem from the nature of definition. Key determinants of smartness learning—intelligence, agility, networking, digital, sustainability, innovativeness and knowledgeability—serve as a platform for the deeper analysis of the research problem. In this article, we assessed country investment attractiveness through the economic subjects’ competences and environment empowering them to attract and maintain investments in the country. The country investment attractiveness was assessed by artificial intelligence (in particular, neural networks), which has found widespread application in the sciences and engineering but has remained rather limited in economics and confined to specific areas like counties’ investment attractiveness. The empirical research relies on the case of assessing investment attractiveness of 29 European countries by the use of 58 indicators and 31,958 observations of annual data of the 2000–2018 time period. The advantages and limitations of the use of artificial intelligence in assessing countries’ investment attractiveness proved the need for soft competences for work with artificial intelligence and decision-making based on the information gathered by such research. The creativity, intelligence, agility, networking, sustainability, social responsibility, innovativeness, digitality, learning, curiosity and being knowledge-driven are the competences that, together, are needed in all stages of economic analysis.
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Hong, Gahye, and Eunmi Kim. "How to Attract Talented Expatriates: The Key Role of Sustainable HRM." Sustainability 11, no. 19 (September 28, 2019): 5373. http://dx.doi.org/10.3390/su11195373.
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Retaining talented expatriates is important for multinational enterprises (MNEs) to maintain knowledge sustainability between their headquarters (HQ) and subsidiaries. However, depending on the host country image of a subsidiary, the attractiveness of the subsidiary may make it challenging to recruit prospective expatriates. Based on the sustainable human resource management (HRM) perspective, this study examines the direct effect of the host country image of a subsidiary and the moderating effect of family support policies on a subsidiary’s attractiveness, by comparing subsidiaries in the US and Vietnam. The results are based on data from 434 Korean potential expatriate applicants and show that the host country image of a subsidiary has a direct effect on the subsidiary’s attractiveness. Specifically, expatriate applicants are less attracted to a Vietnam-based subsidiary than to a US-based one. Further, the positive moderating effect of family support policies on subsidiary attractiveness is more relevant for the Vietnam-based subsidiary. This result suggests that family support policies can be a key strategy for overcoming the less preferred host country images of subsidiaries in emerging markets, thus improving subsidiary sustainability in the long term. The implications of these findings are provided in the context of sustainable HRM and the existing expatriate literature.
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Hildisch, Katharina, Fabian Jintae Froese, and Vesa Peltokorpi. "Foreign Company Attractiveness to Host Country National Professionals: An Integrated Model." Academy of Management Proceedings 2013, no. 1 (January 2013): 14163. http://dx.doi.org/10.5465/ambpp.2013.14163abstract.
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Lőrincz, Noémi. "Being an investment target in CEE. Country attractiveness and near-shoring." Vezetéstudomány / Budapest Management Review 49, no. 5 (May 23, 2018): 47–54. http://dx.doi.org/10.14267/veztud.2018.05.05.
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Froese, Fabian Jintae, Anne Vo, and Tony C. Garrett. "Organizational Attractiveness of Foreign-Based Companies: A country of origin perspective." International Journal of Selection and Assessment 18, no. 3 (August 16, 2010): 271–81. http://dx.doi.org/10.1111/j.1468-2389.2010.00510.x.
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Pinto, Marcos M. O., and Emerson C. Colin. "Ship Purchasing: Characteristics, Empirical Evidence, and Market Attractiveness for Shipbuilders." Journal of Ship Production 25, no. 03 (August 1, 2009): 142–52. http://dx.doi.org/10.5957/jsp.2009.25.3.142.
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This paper presents an analysis of the ship purchasing process and suggests to shipbuilders a methodology to identify the attractiveness of different markets in terms of location. Two analyses are carried out to identify if there is any correlation between exporting country and buyer size (e.g., are Korean exports focused on large clients?) and if the location of the production influences the purchasing decision of the ship buyer. We created a purchasing preference index (PPI) that can be computed for each type of ship and each builder-buyer country pair, and the PPI distribution over several countries is used to evaluate the entry potential for each country which, made up from market size, defines a simple market attractiveness measure. Further analysis is performed aiming to investigate company-level characteristics, such as the size of the players and loyalty in the relationship builder-buyer.
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Pranić, Ljudevit, Daniela Garbin Praničević, and Josip Arnerić. "Hotel website performance: evidence from a transition country." Tourism and hospitality management 20, no. 1 (2014): 45–60. http://dx.doi.org/10.20867/thm.20.1.4.
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The Purpose – An evaluation of 197 hotel websites in Croatia was conducted to determine whether hotels in this economically lagging transition country exploit the potentials of the Internet as a marketing tool. Design/Methodology/Approach – A team of 30 trained assistants evaluated the websites using an amended modified Balanced Scorecard (mBSC) approach from the user-friendliness, site attractiveness, marketing effectiveness, and F&B informativeness perspectives. MANOVA was used to test main and interaction effects of hotel size, quality rating, and location on four website performance perspectives. Findings – Although hoteliers recognize the importance of online presence, most are not effectively using websites from the user-friendliness, marketing effectiveness, and F&B perspectives. Hotel quality rating, location, and their two-way interaction are significant in explaining differences in site attractiveness and marketing effectiveness. Hotel size does not explain the differences among the four website perspectives. Originality – In lieu of the rapidly evolving IT and consumer trends, this study provides hoteliers with an updated website assessment tool that can serve as a point of comparison against contemporary e-marketing approaches. Moreover, since tourism website evaluation is an under researched topic in transition economies, this article makes a contribution in the needed direction. The study ends with a discussion of results and implications for hoteliers, policy makers, and scholars.
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Masango, Cleven, and Vannie Naidoo. "An Analysis of Nation Brand Attractiveness: Evidence from Brand Zimbabwe." Journal of Economics and Behavioral Studies 10, no. 6 (December 22, 2018): 99. http://dx.doi.org/10.22610/jebs.v10i6.2598.
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This paper examines the attractiveness of Brand Zimbabwe based on the factors perceived to impact on national competitiveness. Nation brand attractiveness is a necessary condition for a country to achieve influence and to effectively compete for global resources. Countries can enhance their attractiveness by building on their national brand equity and dealing with negatives around the national brands. The research sought to determine the perception towards Zimbabwe’s global risk and competitiveness; to ascertain the variables that promote competitiveness for Brand Zimbabwe and to contribute to the literature on risk perception and its impact on behaviour towards nation brands. The study followed a mixed approach; a combination of interpretivism and positivism. The research drew 372 respondents from politicians, scholars, the media, civic organisations, government officials, church and international organisations. The research established that Brand Zimbabwe faces glaring threats risks that impact on the country’s international image. The brand is affected by politics and governance together with socio-economic factors. Management and control of nation brand perception are critical for nations to distinguish themselves and to create vantage positions for sustainable performance. The way a country is viewed internationally is a function of how the country deals with factors that threaten its global competitiveness and perception towards the nation brand. Zimbabwe’s quest for foreign direct investment, international visitation and export revenue requires that the country deals with its nation brand image.
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Moskaleko, Bogdan, Oleksandr Borovik, and Yaroslav Reshetniak. "National economy investmentattr activeness: a bibliographican alysis." Herald of Ternopil National Economic University, no. 2(96) (July 10, 2020): 62–75. http://dx.doi.org/10.35774/visnyk2020.02.062.
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Introduction. The problem of country investment attractiveness, and approaches to its evaluation have been thoroughly debated over few last decades. Attracting of foreign direct investment (FDI) that is dedicated to creation of new jobs and added value in Ukraine, is relevant since independence declaration in 1991 and until now. It is believed, Ukrainian economy has unlimited investment potential, and reasonable high level of investment attractiveness, based on its geographical location and existing natural resources. Apparently, based on open access data, Ukraine has one of the worst in Europe FDI and GDP dynamic. Thus, the fundamental studies considering concept of “country investment potential” is highly relevant due to current macroeconomic condition in Ukraine. Within this work, authors researched recent studies of investment attractiveness evaluation around the world, and assumed their common principles. purpose of the research is to review most recent publications around the world on country investment potential evaluation topic. Results.The authors researched current relevant publications in journals which are indexed by international research databases. The analysis has shown that vast majority of current studies are connected to emerging market economies such as China and India. Among those papers, the most common approach to evaluate country’s investment attractiveness was usage of statistical methods. It allows considering a reasonably significant number of independent variables. Based on UNCTAD data [1], emerging economies show the best dynamic data related to GDP growth, and FDI inflows and outflows within last decade. According to abovementioned, the authors focused the research related to developing countries. Prospects. The Future researches could be long-term promising within the direction of country investment potential evaluation, taking into consideration socio-cultural determinants of specific countries in relevant statistical models.
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Molotok, Ihor. "Analysis Of The Relevance Of Fiscal Decentralization In Ensuring Country Investment Attractiveness." SocioEconomic Challenges 4, no. 2 (2020): 99–105. http://dx.doi.org/10.21272/sec.4(2).99-105.2020.
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Over the last three decades, fiscal decentralization reform has become widespread in the world as one of the most effective tools for ensuring the efficient functioning of the public and local finances, as it involves the transfer of powers from central to local or regional levels of government under the principle of subsidiarity and more effective allocation of budgetary funds. However, despite the fact that the reform of fiscal decentralization is mainly aimed at a qualitative transformation of the functioning of the budgetary system, it is crucial to take into account the consequences and interrelations of this process with other components of economic policy and their target parameters when developing the concept and algorithm for its implementation. Thus, in particular, many empirical studies confirm the impact of fiscal federalism on country economic growth. However, it is also essential to identify the impact of reform on the parameters of the country investment attractiveness. In the article, empirical studies on the impact of decentralization on the country’s and region’s investment attractiveness indicators were analyzed. The analysis results revealed that this issue has not become widespread in the scientific literature, and the existing research does not allow a clear conclusion about the nature of the impact of decentralization on the parameters of investment activity. The paper provides panel data regression analysis in order to identify the impact of revenue and (cost) expenditure decentralization on net inflow of foreign direct investment, gross capital formation and business network density for a sample of 12 unitary European countries (Czech Republic, Denmark, Estonia, France, Hungary, Italy, Latvia, Lithuania, Poland, Slovak Republic, Slovenia, and Ukraine) for 2008-2018. According to the modeling results, it was found that the level of expenditure decentralization has a positive effect on the net inflow of foreign direct investment and business network density, negative – on the volume of gross capital formation. In contrast, revenue decentralization has no statistically significant effect on any of the performance parameters. Keywords: expenditure (cost) decentralization, revenue decentralization, investment attractiveness, investment activity, regression analysis.
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Bataeva, Patimat, Hussein Chaplaev, and Ahmed Gachaev. "The impact of local armed conflicts on the economic performance of countries in 1990-2019." Economic Annals-ХХI 182, no. 3-4 (April 15, 2020): 41–48. http://dx.doi.org/10.21003/ea.v182-05.
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Despite the studies of the impact of wars on the local economies of countries and empires, the armed conflicts of the 20th century have their own specifics, different objectives and intensity, which affects not only the economic performance of enterprises and the country as a whole, but also the migration of population and investment attractiveness of the country. Studies based on armed conflicts in Latin America, civil wars in African countries as well as Iraq and Syria differ significantly from the effects of modern armed conflicts on micro- and macroeconomic levels. In the process of unfolding an armed local conflict, the investment attractiveness of the country gradually drops from A+ (for developed countries) and B (for developing countries) to CCC-, warning investors to invest in the declining economy of the country. The aim of the paper is to consider armed conflicts in the period from 1990 to 2019, including armed clashes, civil and international wars; and their impact on the economic performance of the country, both at the beginning of the conflict itself and in its middle.
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Šapić, Srđan, Jovana Lazarević, and Jovana Filipović. "The effect of country - of - origin image trough quality, design and attractiveness related to product on consumer loyalty." European Journal of Applied Economics 18, no. 1 (2021): 137–50. http://dx.doi.org/10.5937/ejae18-28972.
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The main goal of this research is to determine whether there is an impact of country - of -origin image on consumer loyalty to products originating from countries with positive and recognizable image and whether this impact is achieved through characteristics such as product quality and design, and attractiveness related to using the same. To examine this impact, an empirical study was conducted on a sample of 150 respondents and analysis of collected data was performed in SPSS 20. The results show that information about country of -origin image is important to consumers and has an impact on their behavior related to buying foreign product. More precisely, results show that country - of -origin image affects consumers when they choose products based on their quality and design and attractiveness that consumers feel when using these products, and also that through these characteristics country - of -origin image has effects on consumer loyalty. In accordance with the obtained results, conclusion is that it is extremely desirable for companies and governments to take into account the image that their country enjoys on the world market.
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Pavlov, Pavel Vladimirovich, Igor Valentinovich Godunov, and Elena Konstantinovna Zashchitina. "Anti-corruption education and outreach as a factor promoting investment attractiveness of the country." Национальная безопасность / nota bene, no. 1 (January 2021): 49–56. http://dx.doi.org/10.7256/2454-0668.2021.1.35030.
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This article examines the correlation between the country’s investment attractiveness and the level of corruption therein. The key goal of this research consist in the creation of comprehensive curriculum for anti-corruption education and outreach, the implementation of which would significantly reduce the level of corruption in Russia, and thereby improve its investment attractiveness on the international arena. The object of this research is the mechanisms for improving investment attractiveness of the country in the global market; one of such mechanisms is the reduction of corruption component. The subject of this research is the practices of anti-corruption education and outreach used by the world leading countries aimed at lowering the level of corruption. The information framework is comprised of the official statistics of the World Bank, as well as expert reports published in the media. Based on the established correlation between these factors, the article provides the examples of measures for reducing the level of corruption implemented in Russia and the leading world countries. The result of the work consists in the development of comprehensive curriculum for anti-corruption education, which can be used on the regional or federal level for achieving a synergistic effect. This article is intended for the scholars and pedagogues, officers of the executive branch, state and municipal officials responsible for the implementation of national anti-corruption plans, as well as other experts dealing with anti-corruption issues.
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Kostyrko, Lidiya, Ruslan Kostyrko, Olena Sereda, and Eleonora Chernodubova. "Problems and prospects of management of investment attractiveness of subjects of business." SHS Web of Conferences 67 (2019): 06029. http://dx.doi.org/10.1051/shsconf/20196706029.
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On the basis of the analysis of the scientific views of researchers, the essential characteristics of the category of “investment attractiveness” as an object of management are specified. According to the results of the study of macroeconomic indicators (GDP, gross fixed capital formation, financing of capital investments, financing of innovations, direct foreign investments), the current problems of investment attractiveness in the country are determined. The investment attractiveness of Ukraine is analysed in accordance with the international indices. The sequence of investment attractiveness management of business entities is proposed, where priority is given to the strategies of the financial regulation by the development of business entities. The urgency of the formation of a financial regulation strategy based on an estimation of investment attractiveness is substantiated. The priority directions of increase of investment attractiveness in the framework of realization of the strategy of financial regulation by development of the business entities, which stipulate the choice of sources of financing, optimization of the structure of capital, asset restructuring and financing of innovations are determined.
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TRUSOVA, Natalia V., Tetiana A. CHERNIAVSKA, Yurii Y. KYRYLOV, Viktoriia H. HRANOVSKA, Svitlana V. SKRYPNYK, and Liubov V. BOROVIK. "Investment Attractiveness of the Economy of the World Countries in the Polystructural Space of Foreign Direct Investments." Journal of Advanced Research in Law and Economics 11, no. 2 (March 31, 2020): 645. http://dx.doi.org/10.14505/jarle.v11.2(48).35.
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The article deals with the theoretical, methodological and practical aspects of ensuring a safety level the investment attractiveness of the world countries economy in the polystructural space of foreign direct investments. In the context of the implementation of investment policy and factors in the field of international investment, an optimization model of the investment attractiveness of the national economy has been developed. The aggregate factors of the investment attractiveness index, which characterize the investment climate, investment activity and the state of economic development of the country, are highlighted. A methodical approach is presented to determine the synergistic impact of foreign direct investment on the country's investment attractiveness indicator. The criteria of normalization of investment attractiveness of the economy of the country by indicators of macroeconomic, monetary and currency status, which are formalized by indicators-stimulators, destimulators and interaction of bilateral boundary constraints are proposed. The criteria of identification of risks and threats of safe and dangerous state of development of the economy of the countries by the methods of prognostic extrapolation of foreign direct investment are taken into account. A comparative assessment of global foreign direct investment flows and global GDP, the value of net sales of cross-border mergers and acquisitions was made. The structure of foreign direct investment by regions of the countries of the world is considered, taking into account their external reserves of investment potential. The indicators of investment attractiveness of the Ukrainian economy and its cooperation with EU countries in terms of the volume of inflow and direct investments are presented. The scenarios for the growth of foreign direct investments in the polystructural space of the world and developing countries are proposed.
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Jim, Chi Yung. "Trampling Impacts of Recreationists on Picnic Sites in a Hong Kong Country Park." Environmental Conservation 14, no. 2 (1987): 117–27. http://dx.doi.org/10.1017/s0376892900011462.
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The Country Parks programme in Hong Kong has been overwhelmingly successful in generating outdoor recreational demands. Most visitors concentrate in designated barbeque-picnic sites of which many have been badly damaged by intensive recreational use. The conditions in 60 sites in a popular Country Park were evaluated by allocating ordinal ratings to 20 soil-erosion and site-attractiveness indicators. Index sites representing three levels of impacts were studied in detail for specific changes in vegetation and soil that had been induced by trampling. The magnitude of site degradation was indicated by the relative proportions of vegetation, organic litter, and bare ground, covers. The conversion from vegetation to litter was faster than that of litter to bare soil initially, but the converse is true at advanced stages of degradation. Seven out of fourteen site-attractiveness attributes, including accessibility, facility provision, shape, stocking rate and distribution pattern of facilities, on-site naturalness, and scenic diversity, were associated with erosion–in most cases positively.
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Oshri, Ilan, and M. N. Ravishankar. "On the attractiveness of the UK for outsourcing services." Strategic Outsourcing: An International Journal 7, no. 1 (February 11, 2014): 18–46. http://dx.doi.org/10.1108/so-11-2013-0022.
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Purpose – Outsourcing is in a new era: an era of value-adding services, innovation and transformation. An era that shifts competition to skills and expertise where the main focus of key players in the industry is on the strategic impact of outsourcing services. As the outsourcing landscape is changing, so competition between countries for outsourcing work is reconstructing. It is no longer competition for low costs, but a search for superior skills, both technical and managerial, that provides the strategic guidance and operational excellence needed in the twenty-first century. While the professional and academic literature has extensively studied the comparative advantage of low-cost locations such as India, we know very little about the attractiveness of Western countries, such as the UK, for outsourcing services. To contribute to this end, the purpose of this paper is to examine the UK attractiveness in light of three key trends in the outsourcing industry: the maturity of the outsourcing industry drives more client firms to seek impact on business and strategic performance from their vendors; client firms and vendors deploy complex sourcing models that increase the importance of sourcing managerial capabilities, such as relationship management, vis-à-vis technical and delivery capabilities; locations with promising entry points to lucrative markets are becoming attractive for outsourcing investments as part of the firm's growth strategy. Design/methodology/approach – The empirical base of this study is based on a comparative analysis of eight European destinations (UK, Germany, France, The Netherlands, Spain, Ireland, Czech Republic and Poland) to conclude that the UK, as a talent-base, value-adding country that also offers advanced sourcing capabilities, has positioned its economy to attract investments from both outsourcing vendors and client firms. While the authors acknowledge the relative high-cost base of the UK economy, they assert that the high service standards, access to skills, entry point to mainland Europe and the USA, government support and supportive infrastructure are superior value propositions offered by the UK in the context of outsourcing services. Findings – The findings of this study highlight the contribution of Western economies to outsourcing and their fairly strong comparative position to specific line of services such as contact centers, research and development and specific business process outsourcing services. Research limitations/implications – The main limitation of this study is the use of a country attractiveness framework which has been mainly used for low-cost countries. The authors therefore acknowledge the need to develop a country attractiveness framework which is suitable for Western countries. Practical implications – This study offers decision makers an extensive tool to assess their outsourcing investments by considering both low-cost and Western countries based on the value expected from each investment. Originality/value – This is the first study on the attractiveness of a Western country, such as the UK, which the authors defined as a talent-based, value-adding and advanced sourcing (TAVAAS) country. Through the examination of its comparative attractiveness the authors highlight the potential of the UK and many other Western countries such as USA, Germany or Canada to attract outsourcing investments.
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Lizińska, Wiesława, and Paweł Zasadzki. "Spatial differentiation of enterprises with foreign capital versus investment attractiveness of the regions." Kwartalnik Nauk o Przedsiębiorstwie 53, no. 4 (December 18, 2019): 22–30. http://dx.doi.org/10.5604/01.3001.0013.6503.
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The economic development of the regions is determined by well prospering enterprises functioning in their area, including those with foreign capital. The tendency of foreign investors to starting a business in a given region of the country can be determined by the level of investment attractiveness, which is influenced by a lot of location factors. Therefore, it is important to examine the correlation between the level of investment attractiveness and the level of entrepreneurship in each region. The main purpose of the paper was to diagnose the relationship between the spatial structure of foreign-capital enterprises and the level of investment attractiveness of the regions. The analysis of interdependencies between variables was conducted for 16 Polish voivodships characterized by diversified level of investment attractiveness and a different number of new registered enterprises with foreign capital in the years 2009-2017.
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Oboladze, Alona N., and Iryna A. Nechayeva. "Multifactor Evaluation Model of Investment Attractiveness of an Enterprise." Scientific Bulletin of Mukachevo State University Series “Economics” 7, no. 2 (December 28, 2020): 8–21. http://dx.doi.org/10.52566/msu-econ.7(2).2020.8-21.
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The analysis of investment attractiveness is important for investors, because this indicator minimise investment mistakes. There are many methods for assessing the investment attractiveness of enterprises, but there is no single universal generally accepted model. The aim of the research is to improve the existing models. The disadvantage of existing models is the emphasis on financial indicators, such as profitability, liquidity, asset turnover, etc., without taking into account the factors of investment attractiveness of a country and region, as well as indicators of attractiveness and dynamics of an enterprise. It is necessary to begin with the assessment of macro-parameters, and then proceed to the analysis of indicators that are directly related to the activities of an enterprise for a comprehensive, objective assessment. The novelty of the article is the development of a multifactor model for assessing the investment attractiveness of the organisation of any form of ownership, taking into account the characteristics of the state, region and industry, as well as a system of economic and non-economic indicators. Research of such indicators as: stability of the political situation in the country, national level of labour migration, stability of state currency, level of education and security in the region, ease of doing business, level of official salary, as well as indicators of financial condition of an enterprise, level of business reputation, make the technique complete and multiparameter. Also, the proposed set of indicators creates a universal method of assessing the investment affiliation of an enterprise. The methodology can be applied regardless of the form of ownership of the organisation, size and scope of activity. The method is described by the rating method for more objectively assess the investment attractiveness of enterprises. The scoring system of indicators facilitates the interpretation of the results
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Kuznetsov, V. I., N. A. Vladimirov, and M. A. Sycheva. "About differentiation of regions of the Russian Federation on the level of investment attractiveness." Statistics and Economics 16, no. 2 (May 14, 2019): 25–33. http://dx.doi.org/10.21686/2500-3925-2019-2-25-33.
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The purpose of the article is consider in research of statistical methodology for studying regions of the Russian Federation in terms of investment attractiveness. The world practice shows that investment growth ensure the economy growth both at national level and regional level. The maxim is proved by the experience of most countries which have committed in the past decade a sharp spurt in its economic development. This realization has led to the fact that both developed and emerging economies try to attract investment in the economy on a national and regional scale and it is considered as one of the priorities of economic policy In the context of geopolitical instability, deteriorating economic conditions, the weakening of the Russian Federation in the global market need to pay more attention to the investment policy and the attractiveness of the regions. Investment activity and attractiveness of territories today – a reserve of development and real way to achieve strategic objectives. An important factor in the development of regions is their investment attractiveness. Meanwhile, at present there is no method of statistical research of investment attractiveness adapted to regional features. Regions of the Russian Federation have significant differences in investment attractiveness by various factors. The article analyzes factors which influence the inflow of investments in the regions of Russia and identifies groups of regions with similar characteristics of investment attractiveness. Materials and methods. The methods of evaluation of investment attractiveness of territories (regions and cities) are discussed. The reasons for the investment is proposed to be assessed by the production potential of the regional economy, the domestic market of the region, sectoral types of economy (agriculture, extraction of natural resources), and the infrastructure of the region. The methodological basis of the study consists of works on regional statistics, mathematical modeling, and econometrics. Graphic and tabular methods of visualization of research results, statistical methods of analysis of economic phenomena were used. To solve the tasks of the study, application packages SPSS, Statistica were used. Results. This paper provides an analysis of Russia’s investment attractiveness and demonstrates current investment situation in the country. In conclusion, this report addresses key challenges of attracting investment in Russia, clarified the essence of investment attractiveness as an object of statistical research; revealed features of the regions; recommendations on the formation of a system of statistical indicators characterizing the investment attractiveness of the region; identified groups of regions with similar characteristics of investment attractiveness. Conclusion. The article discusses differentiation of Russian regions in their investment activity, analyses the factors led to this differentiation. The heterogeneity of investment space in Russia is one of the features of its economy. High investment attractiveness is a key factor in improving the competitiveness of the country, a significant and sustained financial growth. Identification of regions with similar characteristics of investment attractiveness allows us to develop management solutions adapted to regional characteristics.
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Dębski, Maciej, and Kinga Niemczak. "The image of Germany in Poland and its impact on development of Poles travelling tourism to Germany." Journal of Intercultural Management 6, no. 1 (March 1, 2014): 67–79. http://dx.doi.org/10.2478/joim-2014-0005.
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Abstract The country image tends to be a crucial element for supporting national products on foreign markets. This is also a case for tourist products. The Germany brand is one of the most powerful brands across the world. However, it seems, as highlighted in the research hypothesis, that in the case of tourism its impact on the Poles is not as strong as in the case of numerous other economic spheres. The poll research conducted on a selected group of respondents revealed the grounds for the hypothesis stated. Respondents evaluated relatively poorly both the attractiveness of Germany as well as their urge to visit that country compared to other European countries, they also rated poorly the selected highlights of the country. Another barrier related to perceived attractiveness of Germany is a not entirely positive stereotype of German people. The results reveal the need for changes of it, which are possible in the light of better ratings given by persons who previously visited Germany.
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Калінеску, Тетяна Василівна, and Анастасія Сергіївна Безрукова. "ОЦІНЮВАННЯ ІНВЕСТИЦІЙНОЇ ПРИВАБЛИВОСТІ ФАРМАЦЕВТИЧНОГО ПІДПРИЄМСТВА." TIME DESCRIPTION OF ECONOMIC REFORMS, no. 4 (January 27, 2020): 13–20. http://dx.doi.org/10.32620/cher.2019.4.02.
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In the article authorial points about specificity of evaluation the investment attractiveness of pharmaceutical enterprises, because they are the producer of socially meaningful products and must support national safety of country at the sphere of health protection. The purpose of the research is an exposure of features the evaluation of investment attractiveness the pharmaceutical enterprises and improvement of methodology its determination. The object of the research The process of evaluation the investment attractiveness comes forward as an object of the research. The methods of the research. Methods and principles of scientific cognition, general and special methods are became methodological basis of research, that used for the ground of expediency the determination of specificity the evaluation of investment attractiveness the enterprises of pharmaceutical industry. The hypothesis of the research. In the basic hypothesis of research are became supposition, that the production of pharmaceutical enterprises must be oriented on the modern problems of health protection, that confessed in the world, like a diminishing the level of death rate, maintenance of prophylactic treatment the population and lengthening of life-span the population. The statement of basic materials. It is underline, that in the conditions of limitation the financial resources in activity of local pharmaceutical enterprises are need to updating the system of the financial adjusting in a country and to take at attention all financial means, what have enterprises like tax deductions and others. On the same requirements are recommended the grounding of estimation the investment attractiveness, in the basis of which are founding the rating comparisons of the certain system of indicators and also is calculating the complex index, what is determined as a sum of the self-weighted representative coefficients, that characterize the different aspects of effective activity and firmness of enterprise financial state. The originality and practical significance of the research. The used methodical points to evaluation of investment attractiveness have the wide applied aspect of application in other industries of national economy and also are original, because it’s using in the conditions of activity the pharmaceutical industry. Conclusions and perspectives of further research. The conducted research are lead the possibility to foresee situations, when can decline the level of investment attractiveness of pharmaceutical enterprises, to find negative factors of influence on the level of investment attractiveness, that characterize profitability, presence of property asset for further investments and decides for the improvement of management of enterprises the other industries of investment attractiveness Ukraine economy.
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Jantoń-Drozdowska, Elżbieta, and Maria Majewska. "Investment attractiveness of Central and Eastern European countries in the light of new locational advantages development." Equilibrium 11, no. 1 (March 31, 2016): 97. http://dx.doi.org/10.12775/equil.2016.005.
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The aim of this work was to present the similarities between the components of competitiveness and investment attractiveness as two complementary categories, and to show the role of new locational advantages in determining the level of investment attractiveness of a country. Another objective of this paper was to provide a comparative analysis of Central and Eastern European countries in terms of their investment attractiveness. Thus this paper was organized as follows: the first part of the paper focused on a country’s competitiveness, and the traditional and new location advantages that determine its investment attractiveness in view of direct investment inflows in the light of M. Porter’s model of a diamond, an eclectic paradigm of J. H. Dunning and new growth theories. The second part presented the results of investment attractiveness analysis including selected countries of CEE in the years 1995-2013. Comparing the investment attractiveness of Central and Eastern European countries shows that a rather narrow group of countries attracts a greater amount of FDI, and many more countries have experienced a decline in FDI. Therefore, the research results allow for the conclusion that Central and Eastern Europe reduced its investment attractiveness over the past years. This means that the majority of Central and Eastern European countries are becoming less successful in attracting FDI, and therefore in shaping the environment in which foreign companies wish to conduct their business.
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Oganesan, L. L., and V. P. Basenko. "INVESTMENT ATTRACTIVENESS OF THE ENTERPRISE AS A FACTOR OF EFFECTIVE DEVELOPMENT." Scientific bulletin of the Southern Institute of Management, no. 3 (September 30, 2017): 16–22. http://dx.doi.org/10.31775/2305-3100-2017-3-16-22.
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The article investigates the process of investment, which plays an important role in the economy of any country, region, enterprise. Investing largely determines the economic growth of the region in particular, employment of the population and is a significant element base, on which to base the economic development of society. Modern management practices by business entities in different regions of the country often has significant differences. In the conditions of post-crisis state of the economy is greatly influenced by the rational and efficient use of capital, which requires scientific substantiation and improvement of the financial management or governance mechanism the movement of financial resources, directed on increase of investment growth and profit. Investing is one of the most important aspects of any dynamically developing organization (enterprise), which gives priority to profitability.
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Urbšienė, Laimutė, Rūta Monkevičiūtė, and Urtė Navikaitė. "ANALYSIS OF THE ATTRACTIVENESS AND COMPETITIVENESS OF THE SECURITIES MARKET IN LITHUANIA." Ekonomika 93, no. 3 (January 1, 2014): 116–40. http://dx.doi.org/10.15388/ekon.2014.0.3880.
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The importance of attractiveness and competitiveness of the Lithuanian stock market has significantly increased in the recent years due to its influence on the capital market as well as on its participants and the economy of the whole country. This article aims to evaluate the attractiveness and competitiveness of Lithuania’s securities market by using a quantitative analysis. It has aimed to define the statistically significant relationship between market attractiveness and competitiveness and the number of listed companies, cross listing, liquidity and trade volumes. The quantitative analysis has provided arguments to conclude that securities market in Lithuania currently is not attractive either from the point of capital supply or from the point of capital demand. In addition, the securities market in Lithuania lacks competitiveness among other markets.
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Евлаков, Petr Evlakov, Сухова, and Valentina Sukhova. "Forest investment attraction seed selection and production center: practice-oriented approach." Forestry Engineering Journal 6, no. 1 (April 19, 2016): 220–30. http://dx.doi.org/10.12737/18745.
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The article discusses the creation of forest breeding and seed production centers in the country. The estimation of efficiency of investment involved in the construction. It was deter-mined that in the current situation accelerated to ensure the investment attractiveness of forestry in terms of infrastructure - LSSTS is not possible, the only way out of the situation can become a public-private partnership. In order to increase the investment attractiveness of the construction LSSTS need to organize the work at all levels of the executive branch.
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Petrov, V. L., and V. F. Pugach. "Attractiveness of Education in Russia: Achievements and Challenges." Vysshee Obrazovanie v Rossii = Higher Education in Russia 29, no. 4 (May 1, 2020): 29–39. http://dx.doi.org/10.31992/0869-3617-2020-29-4-29-39.
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The paper considers an approach to assess the attractiveness of education in post-Soviet Russia. The authors present the findings of an analysis of the dynamics of population’s attitude to education in terms of verbal behavior indicators, such as opinions about purposes of saving and spending money on education depending on per capita income. The paper shows the evolution of education place in personal consumption expenditures and in payments for personal services. It also presents the results of comparative study on education characteristics of the population in Russia and in some major economies. A conclusion is made about high attractiveness of education in our country as well as about an obvious trend to its decline in the XXI century.
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Madaminov, I. "On the Increasing Investment Activity in the Regions of Uzbekistan." Bulletin of Science and Practice 6, no. 9 (September 15, 2020): 235–40. http://dx.doi.org/10.33619/2414-2948/58/24.
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The article discusses topical issues of achieving economic growth based on increasing investment activity in the regions of the country. Improving the investment attractiveness of regions is important. Analyzed the activity of domestic and foreign investors.
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Shamsutdinova, Marina, Damir Vahitov, Alsu Valeeva, and Tatyana Grineveckaya. "Analysis of foreign experience in the context of the development of territories and interests of the Russian state." Russian Journal of Management 9, no. 2 (August 31, 2021): 156–60. http://dx.doi.org/10.29039/2409-6024-2021-9-2-156-160.
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The article analyzes the foreign experience of territorial development and its adaptation for Russian cities. The format of settlements retains sufficient attractiveness to actively and systematically develop in the future, being an integral part of the country.
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Shpak, Nestor, Ihor Kulyniak, Maryana Gvozd, Jolita Vveinhardt, and Natalia Horbal. "Formulation of Development Strategies for Regional Agricultural Resource Potential: The Ukrainian Case." Resources 10, no. 6 (June 1, 2021): 57. http://dx.doi.org/10.3390/resources10060057.
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The agricultural sector is one of the leading ones in the economy of many countries, as it creates the basis for their economic growth. Every region in every country has its own unique sphere of social reproduction due to different resource potential, i.e., fertile soils, favourable climatic conditions, etc. Under such conditions, it is irrelevant to choose a single development path for this sector. Given these facts, the study formulates development strategies for regional agricultural development of the country. In particular, we grouped regions into clusters according to the level of development of crop production and stockbreeding potential, as well as investment attractiveness. The method of cluster analysis was used to group regions by the level of capacity development, whilst the matrix method was used to formulate a matrix for choice of the strategy to improve the agricultural potential of regions. On the basis of the conducted analysis, the 3D matrix for the choice of investment strategy of the regional agricultural development of the country depending on the level of development of crop production and stockbreeding potential and investment attractiveness was constructed.
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Anhelko, Iryna, Ivan Oryshchyn, Nazariy Popadynets, Yuliya Zhuravel, and Tetyana Nezveshchuk-Kohut. "Theoretical and methodological principles of tourist attractiveness of territories." Socio-Economic Problems of the Modern Period of Ukraine, no. 3(143) (2020): 43–47. http://dx.doi.org/10.36818/2071-4653-2020-3-6.
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The article explains different approaches to the definition of the concept «tourist attraction». On the base of the analysis of different approaches, it is determined that tourist attraction is the property of a certain territory (city, district, region, zone, country, the group of countries) which meets the demand and needs of tourists. It was made clear that the level of tourist attractiveness is influenced by a number of factors, among which tourist resources and tourist infrastructure are important. According to the factors of influence, the components of tourist attractiveness are presented. It is determined that a number of methods and criteria are used to assess the attractiveness of territories and objects, each of which has its advantages and disadvantages. It is noted that the shortcomings of certain assessment methods can be minimized as the result of the introduction of certain reservations. It was made clear that in international practice tourist attractiveness is determined by the greatest demand among tourists in regions with rich natural, cultural and historical resources, geographical location, the level of infrastructure development which depends on investment, recreational and tourist resources, and environmental state of a region. It is proved that in Ukraine the territories and tourist zones which have the most valuable elements of the ecological framework (forests, clear rivers, sea coasts, lakes, ponds, etc.) and outstanding historical monuments and places are called tourist-attractive. It is generalized that the expediency and necessity of the quantitative assessment of tourist attractiveness at the level of a country, sphere or a certain region is explained by the identification of those areas whose development stimulation will lead to the possibility of obtaining a positive economic effect in the near future.