DIRECTIONS FOR IMPROVING THE EFFECTIVENESS OF THE STATE FINANCIAL POLICY OF INTENSIFICATION INVESTMENT ACTIVITY IN THE CONTEXT OF DIGITALIZATION
DOI:
https://doi.org/10.25264/2311-5149-2023-30(58)-41-48Keywords:
policy, digitalization, state financial policy, intensification of investment activityAbstract
The development of Ukraine's economy, especially during the war and post-war reconstruction, requires the most efficient use of limited financial resources. The institutional demand of the society for prompt adjustment of the economy to meet military needs in times of war and to ensure the fastest possible pace of economic recovery in the post-war period requires the state to increase the efficiency of the state financial policy of intensification investment activity in accordance with the current dynamically changing requirements of the present. The problem of the state's stimulating influence on the economy in order to intensification investment activity in the country is constantly in the field of view of scientists and practitioners. One of the most effective areas of realization of such influence is the financial policy of the state. The issues of formation and implementation of the state financial policy of intensification of investment activity in the context of digitalization are unexplored, relevant and require scientific understanding.
The aim of the article is to improve the efficiency of formation and implementation of the State financial policy of intensification of investment activity in the context of digitalization. To date, a prerequisite for modernizing the State financial policy of intensification investment activity is to take into account the demands and opportunities for digitalization of economic and management processes.
In order to increase the efficiency of the State financial policy of intensification investment activity in the context of digitalization, a number of practical recommendations are proposed, which together ensured the development of the module "Automation of the State financial policy of intensification investment activity", which structurally consists of two components and is described by a map of analytical filters, casual and information technology algorithms, as well as schemes of process and functional links. The practical implementation of the developed module "Automation of the State Financial Policy of intensification of Investment Activity" will improve efficiency, economic feasibility by minimizing the resources used (financial, labor, etc.) and increase the efficiency of the formation and implementation of the state financial policy of intensification of investment activity in Ukraine by minimizing corruption risks.