“…It serves as a driver of the inflow of direct and portfolio investments (Vasylieva & Kasyanenko, 2013), the creation of new jobs (Kuzior et al, 2020;Bhandari, 2023;Ali et al, 2023), the development of the internal market of goods and http://dx.doi.org/10.21511/im.19 (4).2023. 24 services (Melnyk et al, 2021;Kostynets et al, 2020;Shubita, 2023;Kuzior et al, 2023;Verbivska et al, 2023), financing of state programs and activities (Vasilyeva et al, 2022), opening branches of international companies, increasing the level of business activity (Kobiyh & El Amri, 2023;Chornous et al, 2023;Piluso & Heron, 2022), increasing the amount of tax revenues, which allows to reduce the amount of the budget deficit and increase the level of material well-being of the population (Vostrykov & Jura, 2022;Reshetniak & Grifo, 2022;Danylyshyn et al, 2022;Kotina et al, 2023;Razinkova et al, 2023), and a satisfaction of the needs of underprivileged sections of society (Gajdosova, 2023;Lyeonov et al, 2021a).…”