ECONOMIC GROWTH IN THE EU’S EaP COUNTRIES: DETERMINANTS AND PROSPECTS

Economic growth is one of the main targets of economic policy of any country around the world. By strengthening the process of economic development, we can bring the state on the path of sustainable growth and ensure stability and security in it. Economic growth is influenced by various determinants...

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Main Author: Ilkhom SHARIPOV
Format: Article
Language:English
Published: Alexandru Ioan Cuza University of Iasi 2016-11-01
Series:EURINT
Subjects:
Online Access:http://cse.uaic.ro/eurint/proceedings/index_htm_files/EURINT%202016_SHA.pdf
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author Ilkhom SHARIPOV
author_facet Ilkhom SHARIPOV
author_sort Ilkhom SHARIPOV
collection DOAJ
description Economic growth is one of the main targets of economic policy of any country around the world. By strengthening the process of economic development, we can bring the state on the path of sustainable growth and ensure stability and security in it. Economic growth is influenced by various determinants. Of particular interest is the endogenous and exogenous nature of these factors. The main purpose of this paper is to determine the endogenous and exogenous factors that affected economic growth in the EU’s Eastern Partnership countries in the 2000-2015 period. We examined and determined the significance and robustness of various endogenous and exogenous factors influencing the economic growth in these countries, like investment, human capital, research and development, economic policies and macroeconomic conditions, openness to trade, geography, political factors and others. Based on the results of research, we outlined the prospects of economic growth in the countries investigated. To address the research questions and objectives this study was based on quantitative and qualitative research methods, using SPSS software.
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spelling doaj.art-fb92095179cc49d294e57eca7d5da2e02022-12-21T23:20:06ZengAlexandru Ioan Cuza University of IasiEURINT2393-23842393-23842016-11-013169187ECONOMIC GROWTH IN THE EU’S EaP COUNTRIES: DETERMINANTS AND PROSPECTSIlkhom SHARIPOV0Doctoral School of Economics and Business Administration, Alexandru Ioan Cuza University of IasiEconomic growth is one of the main targets of economic policy of any country around the world. By strengthening the process of economic development, we can bring the state on the path of sustainable growth and ensure stability and security in it. Economic growth is influenced by various determinants. Of particular interest is the endogenous and exogenous nature of these factors. The main purpose of this paper is to determine the endogenous and exogenous factors that affected economic growth in the EU’s Eastern Partnership countries in the 2000-2015 period. We examined and determined the significance and robustness of various endogenous and exogenous factors influencing the economic growth in these countries, like investment, human capital, research and development, economic policies and macroeconomic conditions, openness to trade, geography, political factors and others. Based on the results of research, we outlined the prospects of economic growth in the countries investigated. To address the research questions and objectives this study was based on quantitative and qualitative research methods, using SPSS software.http://cse.uaic.ro/eurint/proceedings/index_htm_files/EURINT%202016_SHA.pdfeconomic developmenteconomic growthEastern Partnership
spellingShingle Ilkhom SHARIPOV
ECONOMIC GROWTH IN THE EU’S EaP COUNTRIES: DETERMINANTS AND PROSPECTS
EURINT
economic development
economic growth
Eastern Partnership
title ECONOMIC GROWTH IN THE EU’S EaP COUNTRIES: DETERMINANTS AND PROSPECTS
title_full ECONOMIC GROWTH IN THE EU’S EaP COUNTRIES: DETERMINANTS AND PROSPECTS
title_fullStr ECONOMIC GROWTH IN THE EU’S EaP COUNTRIES: DETERMINANTS AND PROSPECTS
title_full_unstemmed ECONOMIC GROWTH IN THE EU’S EaP COUNTRIES: DETERMINANTS AND PROSPECTS
title_short ECONOMIC GROWTH IN THE EU’S EaP COUNTRIES: DETERMINANTS AND PROSPECTS
title_sort economic growth in the eu s eap countries determinants and prospects
topic economic development
economic growth
Eastern Partnership
url http://cse.uaic.ro/eurint/proceedings/index_htm_files/EURINT%202016_SHA.pdf
work_keys_str_mv AT ilkhomsharipov economicgrowthintheeuseapcountriesdeterminantsandprospects