International Experience of State Investment Policy Development and Implementation

In conditions of severe competition and economic turmoil in the world the important factor in ensuring sustainable economic development of any country is the development of the state investment policy aimed at creating optimal conditions for capital investment. Thus, the topical is the study of the global experience in this field of public administration in order to identify the most significant achievements and apply them for the development of domestic model of the state investment policy. The objective of this research is the analysis of the economic relations between the state and business entities occurring in the course of investment policy implementation. The purpose of the research is summarizing of foreign experience in investment policy formation and implementation as well as identification on this basis of three main models of investment policy - American, Japanese and Taiwanese. The author has systematized the state investment policy tools used in the developed countries practice and grounded the state investment policy principles and trends in Ukraine.