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Economic Growth In Ukraine And Russia In 2014

Author

Listed:
  • Zlatibor Petkoviæ, Vanja Petkoviæ

    (Dunav Bank A.D. Belgrad)

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.

Suggested Citation

  • Zlatibor Petkoviæ, Vanja Petkoviæ, 2014. "Economic Growth In Ukraine And Russia In 2014," Ekonomika, Journal for Economic Theory and Practice and Social Issues 2014-03, „Ekonomika“ Society of Economists, Niš (Serbia).
    • Handle: RePEc:esb:castrc:2014-322
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    More about this item

    Keywords

    Eastern Europe; economic growth; economic forecasts; Russia; Ukraine;
    All these keywords.

    JEL classification:

    • F50 - International Economics - - International Relations, National Security, and International Political Economy - - - General
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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