Subject. The article deals with the analysis of the impact of uncertainty factors in macroeconomic and geopolitical situation on the development of investment strategies in emerging markets. Objectives. The purpose is to identify the uncertainty factors of macroeconomic and geopolitical situation that need to be taken into account when developing the investment strategies in emerging markets. Methods. The study employs general scientific methods, including systems analysis, comparative analysis, trend analysis, generalization, and synthesis. Results. The paper considered approaches to the analysis of the "uncertainty" concept and the choice of investment decisions under uncertainty in the modern economic science, characterized the external environment in conditions of increasing uncertainty of macroeconomic and geopolitical situation, defined the uncertainty factors that should be integrated into the economic model for investment strategies development in emerging markets. Conclusions. When building an economic model for investment strategies development in emerging markets, it is necessary to consider factors of uncertainty, instability, complexity and variability of the external environment; to assess the degree of interrelation between macroeconomic, geopolitical, and other factors of external environment that determine its instability; to identify and assess traditional and new risks for the development of domestic economy and its subjects.
Keywords: international cooperation, investment strategy, emerging market, uncertainty, global economy
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