for attracting resources, thus ensuring protection of investment interests and providing
international economic safety.
The effectiveness of the mechanism of economic safety of the state and its
components is directly related to the assessment of the institutional environment, being
a measure of the range of imperative coordination of the safety of the economic system
[4]. The institutional factors that need to be taken into account when forming the
imperatives of economic safety include: the timeliness and relevance of institutional
changes in the field of economic safety, the effectiveness of the improvement of
existing and potential problems, the need for transplantation and the possibility of
applying international experience, the level of transformation costs of the state in
implementing institutional changes, the environment, social mood, the effectiveness of
coercive mechanisms and prompt response. In accordance with the above mentioned
the goal of institutions as a component of the mechanism for ensuring economic safety
and its investment component is to regulate the relations arising between the subjects
of investment activity taking into consideration current goals and strategies. The
vulnerability of Ukraine's investment environment is due to the fact that minor
fluctuations in the macroeconomic situation lead to its bifurcation.
Threats to Ukraine's investment safety. The ineffective state policy in
stimulating investment has provoked a state of uncertainty and turbulence about
investment safety. A vivid confirmation of this is the vulnerability of investment safety
objects to the effect of destabilizing factors, which may lead to economic collisions or
economic collapse. The prerequisites for threats to the economic safety of the state may
be either conscious or unconscious actions of individual officials and business entities
(state authorities, international organizations, competitors) and coincidence of other
circumstances (state of the economic situation of the country's markets, force majeure
circumstances, introduction of achievements of scientific and technological progress,
etc.). At the same time sources of threats can be of objective or subjective character.
The negative effects that arise as a result of ineffective work of the authorities,
enterprises or other subjects of economic security can be seen as subjective ones,
whereas those which do not arise because of the fault of the human factor can be seen
as objective ones [9, p. 210].
Tactical and strategic miscalculations in assessing the safety situation provide a
"favorable climate" for the development of diverse types of threats. For the first time,
the list of potential threats to the economic safety of Ukraine was formulated in the
Concept (the basis of state policy) of the national security of Ukraine, and later in the
Law of Ukraine "On the Fundamentals of National Security of Ukraine". On the basis
of comparison of these normative documents, it was found out that the typology of
threats (in economic sphere) in the 1997 National Security Concept reflects a limited
range of threatening phenomena, which indicates a superficial definition of the
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