Prospects for the Reorientation of Investment Flows for Sustainable Development under the Influence of the COVID-19 Pandemic

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DOI

Olha Prokopenko

olha.prokopenko@taltech.ee

Cholpon Toktosunova

olha.prokopenko@taltech.ee

Nurmira Sharsheeva

olha.prokopenko@taltech.ee

Rita Zablotska

olha.prokopenko@taltech.ee

Valerii Mazurenko

olha.prokopenko@taltech.ee

Lina Halaz

olha.prokopenko@taltech.ee

Abstract

The article is devoted to substantiating the expediency of reorienting international investment flows, under the influence of the COVID-19 pandemic, from traditional directions to projects related to social transformation. It is proved that such transformations should be expressed first of all in qualitative changes in education, medicine and employment. Particular attention is paid to the modernization of the paradigm of sustainable development, the components of which should be ranked from social to environmental. The necessity of interpretation of investment strategies implemented in the countries following their common problems is substantiated. Also, attention is paid to the substantiation of the cyclical component, its role in the redistribution of investment flows at the state level. The article proposed cluster investment to solve this problem.

Keywords:

investments, international investments, international investment projects, sustainable development, clustering, cluster investing, economic cycles

References

Article Details

Prokopenko, O., Toktosunova, C., Sharsheeva, N., Zablotska, R., Mazurenko, V., & Halaz, L. (2021). Prospects for the Reorientation of Investment Flows for Sustainable Development under the Influence of the COVID-19 Pandemic. Problemy Ekorozwoju, 16(2), 7–17. https://doi.org/10.35784/pe.2021.2.01

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