INTERNATIONAL EXPERIENCE OF THE FOREIGN CAPITAL CONTROL MEASURES AND THE WAYS TO IMPLEMENT IT IN UKRAINE

Authors

  • S. O. Yakubovskiy Head of the Department of World Economy and International Economic Relations of Odessa I. I. Mechnikov National University.
  • T. A. Rodionova Associate Professor of the Department of World Economy and International Economic Relations of Odessa I. I. Mechnikov National University

DOI:

https://doi.org/10.17721/apmv.2014.121.2.

Abstract

Abstract. Constantly growing volumes of international investments and its significant impact
on the development of national economies encourage researchers to investigate the role of the
state in this process and propose new ways to avoid the negative effects of financial globalization
on national economies.

This article explores the latest trends in state regulation of foreign capital flows, detects possible
negative consequences of countries` participation in the international flow of financial resources
and the main source of illicit financial flows in the world economy, defines the scope and
differences between hidden and legal capital outflows from emerging markets, analyzes the main
shortcomings of the legislative system related to the investment process in Ukraine, proposes the
system of measures to improve the effectiveness of capital flows regulation in Ukraine.
Key words: foreign capital flows, capital flight from countries, transfer pricing, emerging
markets, Ukraine, state regulation.

Author Biographies

  • S. O. Yakubovskiy, Head of the Department of World Economy and International Economic Relations of Odessa I. I. Mechnikov National University.

    Doctor of Economics, Professor

  • T. A. Rodionova, Associate Professor of the Department of World Economy and International Economic Relations of Odessa I. I. Mechnikov National University

    PhD in Economics

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Published

2014-11-12

Issue

Vol. 2 No. 121 (2014): Actual Problems of International Relations

Section

Article