Importance Economies of the former CIS countries demonstrate disparity in economic development. Thus, it is possible to secure investment in restructuring the national economy only if conditions are relatively better than in the countries vying for foreign capital. Objectives The research pursues building an economic and mathematical model reflecting how direct foreign investment influences economic growth in Russia, Ukraine, and Kazakhstan. Methods The research has been conducted using Stata 13.0. applications. Conclusions and Relevance Foreign direct investment influences economic growth through such factors as gross domestic product, interest rate, average pay, foreign exchange rate, consumer price index, political stability.
Keywords: economic growth, foreign direct investment, mathematical modeling in economics
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