ECONOMIC GROWTH IN UKRAINE AND RUSSIA IN 2014

Zlatibor P. Vanja P. Petkoviæ, Petkoviæ
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Zlatibor P. Vanja P. Petkoviæ, Petkoviæ: Dunav Bank A.D. Belgrad

No 2014-03, Ekonomika, Journal for Economic Theory and Practice and Social Issues from „Ekonomika“ Society of Economists, Niš (Serbia)

Abstract: In this paper we will deal with the research of economic growth and economic outlook in the countries of Eastern Europe, that is Russia and Ukraine in 2014. To ensure the inflow of foreign capital in the country's transition had to create the appropriate economic environment for multinational corporations. Eastern European countries in transition were forced to quickly and effectively liberalize the market in order to attract foreign capital if they wanted to enhance their own growth and development as well as to increase the competitiveness of their own economy. Countries were required to solve problems in the judiciary, to strengthen the security and efficiency of the legal protection of property and contract, to resolutely fight corruption and abuse of office, to increase speed, reduce costs and simplify administrative procedures, to develop the domestic capital market.

Keywords: Eastern Europe; economic growth; economic forecasts; Russia; Ukraine (search for similar items in EconPapers)
JEL-codes: F50 G28 J11 O11 (search for similar items in EconPapers)
Pages: 8 pages
Date: 2014-10
New Economics Papers: this item is included in nep-cis and nep-tra
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Persistent link: https://EconPapers.repec.org/RePEc:esb:castrc:2014-322

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