Investment regulation and integration: problems and benefits for the Republic of Belarus Cover Image

Investment regulation and integration: problems and benefits for the Republic of Belarus
Investment regulation and integration: problems and benefits for the Republic of Belarus

Author(s): Marina Zelenkevich
Subject(s): International relations/trade, EU-Accession / EU-DEvelopment, Financial Markets, Fiscal Politics / Budgeting
Published by: Uniwersytet Przyrodniczo-Humanistyczny w Siedlcach
Keywords: investments; financial regulation; integration association; Eurasian Economic Union; European Union; investment platform;

Summary/Abstract: The aim of the article is to analyze the experience of the functioning of the economic and institutional investment regulation mechanism in the European Union, determining its structure, development trends and factors of reform, problems and benefits for countries members of the integration association. This experience can be useful for integration associations with the participation of the Republic of Belarus, in which countries interact closely enough in this area, but an investment regulation mechanism has not been created. Substantiated in the article is that the economic basis of the investment regulation mechanism is a single European financial market, identified institutional forms of investment financing, including budget financing, as well as new forms of interaction between state and private financial institutions. The necessity of using the European experience of creating investment platforms in Belarus and the EAEU countries with the aim of co-financing investment projects with participation of international financial organizations, national development banks and private investors. It is determined that a unified organizational and legal basis for the financial and economic activities of the countries of the integration association is an important element of the investment regulation mechanism. An analysis of the experience of regulating investments in the EU gives grounds to assert that it is possible to use new integration methods and tools for stimulating investments in Belarus, taking into account the specific features of the development of the EAEU countries.

  • Issue Year: 44/2018
  • Issue No: 117
  • Page Range: 27-35
  • Page Count: 9
  • Language: English