BUSINESS INFORM №10-2017

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Section: International Economic Relations
UDC 339 (477+438)
Pelekh O. B.
The Features of Ukrainian-Polish Economic Cooperation at the Beginning of XXIst Century (p. 99 - 104)
A priority direction for Ukraine’s foreign-economy-oriented activities is an intensive cooperation with the Republic of Poland. The article is aimed at identifying the features of Ukrainian-Polish economic relations in the period beginning from 2000. It has been shown that the Ukrainian-Polish economic relations have increased sufficiently in recent decades. They are based on the improvement of all forms of economic cooperation: international exchange of goods, international exchange of services, international movement of capital, and labor force migration. Nowadays, however, the level of such cooperation can hardly be described as meeting the potential of both countries: with regard to Ukraine, the trade balance is negative, Ukrainian exports consist mainly of raw materials and semi-finished goods, and the share of the high-tech cooperation remains modicum. Mutual trade in services is not developed at all. Investment cooperation is also insignificant, and successful investments on both sides is hardly possible. The real high-demand form of economic cooperation is labor migration, which today provides the truly substantial injections of monetary means into the country’s economy, but requires the immediate intervention of the State to make the labor migration from Ukraine organized, civilized, and truly profitable.
Keywords: economic cooperation, exports, imports, investments, remittances, labor migration.
Tabl.: 3. Bibl.: 14.

Pelekh Oksana B. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Management, Rivne State Humanitarian University (12 Stepana Bandery Str., Rivne, 33028, Ukraine)
Email: [email protected]

Article is written in Ukrainian
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Reference to this article:
Pelekh, Oksana B. (2017) “The Features of Ukrainian-Polish Economic Cooperation at the Beginning of XXIst Century.” Business Inform 10:99–104.

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