The Role of Investment, Innovation and Efficient Use of Resources in Ensuring Long-Term Economic Sustainability
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Today, the conditions of war and the instability of the economic environment in Ukraine make the issues of long-term economic sustainability particularly relevant. Consideration of the role of investment, innovation and efficient use of resources in this context is becoming strategically important for achieving economic stability and ensuring sustainable development of the country. The purpose of the article is to study the role and peculiarities of development of investments, innovations and efficient use of resources in ensuring long-term economic sustainability of Ukraine in the context of war and martial law. The author identifies the main components of economic stability, namely: investment component, innovation component, efficient use of resources, macroeconomic policy, environmental component, political component, and social policy. The analysis of investment development assessed foreign direct investment in Ukraine and from Ukraine to other countries over the past ten years and identified high investment potential in such sectors of the economy as energy, defence and agriculture, which indicates their importance in the national economy and opportunities for the country's development. Based on this ranking, the author analysed the GII sub-indices and identified dynamic changes. In the course of the analysis, the main sectors of efficient use of resources are identified. It is emphasised that investments, innovations and efficient use of resources in such strategically important areas contribute to increased production, improved infrastructure and increased efficiency of enterprises. Finally, the main trends that indicate their further development in the long-term economic sustainability of Ukraine are identified. For further research, it is important to consider the relationship between different components of economic sustainability and their impact on the overall development of the country.
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