id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
issue-939	Hrona, Andrii	FOREIGN CURRENCY REFINANCING AS A NEW ELEMENT OF STIMULATING THE ECONOMIC DEVELOPMENT OF TRANSITION ECONOMIES	2020	7	.pdf	application/pdf	5103	205	41	Analysis of the development of economic systems of Ukraine and Belarus allows drawing the following conclusions: – despite the chosen models of development, the economies of Belarus and Ukraine had almost identical trends, taking into account that economic system of Belarus is smaller in quantitative terms than the economic system of Ukraine; – two crises (2008-2009 and 2014-2015) had a negative impact on the economies of Ukraine and Belarus, but Belarus went through these periods somewhat more smoothly and showed a higher pace of economic system development, but the difference was not critically significant; Baltic Journal of Economic Studies 174 Vol. 6, No. 5, 2020 – we note significant problems of Ukraine and Belarus with export activities in 2017-2019, despite the significant national currency depreciation, especially with regard to Ukraine. Regarding the first direction of research, the following works are worth noting: – Gorynia M. and Wolniak R. (2002), who try to reveal the advantages and disadvantages of globalization for countries of this type on the example of the transitive economy of Poland; – A team of scholars led by Durčáková J. (2002), who reveal the impact of monetary policy on the development of transition economies through the establishment and regulation of the exchange rate and its impact on inflation in countries of this type; – Fries S. and Taci A. (2002), who study the impact of banking reforms and banking activities on the development of transition economies; – Dowling M., Wignaraja G. (2006), which reveal the problems of economic development of the Central Asian countries that were part of the former Soviet Union, including the impact of the monetary policy and its instruments on the transition economy of these countries; – Directorate-General for Economic and Financial Affairs, European Commission (2009), which examines the economic development of the Western Balkan countries (Albania, Bosnia and Herzegovina, Croatia, Macedonia, Montenegro, Serbia, Kosovo), including the problematic issues of monetary policy implementation with an emphasis on attracting loans and investments; – Melnyk L., Kubatko O. and Pysarenko S. (2014), who assessed the impact of foreign direct investment on the economic development of countries with transition economies; – A group of scholars led by V.A. Arsenyeva (2016), who focused on the impact of innovation on the development of transition economies on the example of the situation in the Russian Federation.	cache/issue-939.pdf	txt/issue-939.txt