POTENTIAL OF CREDIT AND INVESTMENT INSTRUMENTS FOR REGIONAL DEVELOPMENT IN THE CONTEXT OF DECENTRALIZATION ANNOTATION

Keywords: decentralization, regional economy, potential, instruments, credit, investment.

Abstract

This article explores the potential of credit and investment instruments for the development of Ukrainian regions in the context of decentralization, and formulates recommendations for its improvement. Based on the analysis of statistical data, it was determined that the potential under study is characterized by relatively low indicators, and factors that negatively affect the potential use of these tools are identified. It was determined that from the point of view of macroeconomics, this potential increases with the economic development of the regions and the increasing need for credit resources. In terms of regional development, the potential of credit and investment instruments develops under the influence of the desire and abilities of regional authorities to create conditions in the region for attracting investments, as well as a focus on the development of regional lending institutions that can compete with foreign and large national banks for better lending conditions and the use of flexible ones. and attractive for borrowers loan - investment tools. These are the main advantages of mostly regional banks. All operations are carried out by small banks directly in the region, in a particular city or district, so stakeholders have the opportunity, if necessary, to obtain the necessary objective and timely information about the bank, and banks realistically and quickly assess the borrower, offer the most acceptable schemes and lending instruments. Thus, regional investment banks in the context of decentralization have the advantages that allow them to be qualitatively different from other commercial banks, and they have the potential to function by promoting the regional economy, increasing the potential of credit and investment instruments of regional development.

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Published
2020-07-09
How to Cite
Bedrinets , M. D. (2020). POTENTIAL OF CREDIT AND INVESTMENT INSTRUMENTS FOR REGIONAL DEVELOPMENT IN THE CONTEXT OF DECENTRALIZATION ANNOTATION. Bulletin of Zaporizhzhia National University. Economic Sciences, (2 (46), 85-92. Retrieved from http://journalsofznu.zp.ua/index.php/economics/article/view/370