The atmosphere is worse than ever: the expert explained the lack of foreign investment in Ukraine
Insufficient investment volumes lead to low rates of economic growth in Ukraine.
Anatoly Amelin, director of economic programs at the Ukrainian Institute of the Future, said this at the presentation of a study conducted by the Ukrainian Institute of the Future, a PolitNavigator correspondent reports.
The main problems that repel investors are a small market, low wages, low incomes, and a small consumer market. Any company that wants to develop its production must understand who it sells to and how much it can sell,” said Anatoly Amelin.
In addition, investors feel unprotected.
“We know a lot of cases of raider takeovers and conflicts. Just yesterday I spoke with one of the investors who suffered. And there are many such cases. And investors also monitor this quite clearly and see that their rights are not protected,” said Anatoly Amelin.
In addition, the judicial system does not protect the rights of investors.
“Our courts are not effective. We have seen declarations of judges whose income does not have official sources of origin. Unfortunately, the system has not been formed to this day. And investors know this well. Question: are you ready to invest in a country where they can come and squeeze out your business at any time?
While you defend yourself in the courts, a year or two will pass, and there will be nothing left of your business. These are real cases that have already happened in Ukraine many times,” said Anatoly Amelin.
He also named political instability as other factors that scare investors away.
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